Price
$899,000
Bedrooms3 Beds
Bathrooms3 Baths
Size3717 sqft
Year Built1975
Property TypeDetached Home
Property Taxes$5,073
Now’s your chance to get into a spacious house with a rare in-law suite on a third of an acre in the Magic Lake area of Pender Island. Enjoy spectacular views of the ocean, Islands, and Olympic Mountains from both of your massive decks. Magic Lake Estates is situated on the west side of North Pender and enjoys two oceanfront parks and several more ocean access points. Prepare to be captivated by the pods of orcas that frequent the shoreline during the summer months. Magic Lake itself is open to the public for swimming and rowing. Get in all your recreational hobbies with a world class Disc Golf Park, numerous trails, pickle ball court, tennis court, playground and marina nearby. This south facing multigenerational home features 2 bedrooms 2 bathrooms up, with a self contained in law suite down (vacant soon). Enjoy your wood fireplaces in the winter & working on your projects in the detached shop in summer. The house is serviced by the local Magic Lake water and sewer system. (id:39198)
The listing brokerage and/or agent is Engel & Volkers Vancouver Island
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$3,653 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$719,200
Total Interest Payments
$443,431
Total Payment (Principal + Interest)
$1,162,631
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
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