4970 Wilson Road, Cowichan Station/Glenora Duncan
Price
$1,828,000
Bedrooms4 Beds
Bathrooms2 Baths
Size4956 sqft
Year BuiltNot listed
Property TypeDetached Home
Property Taxes$6,432.51
Description
The land is primarily level and open, covered in natural pasture grasses and bordered by mature vegetation that provides excellent privacy from neighbouring properties. With full sun exposure throughout the day and partial views over the surrounding valley and distant mountains, the property offers an attractive rural setting that balances openness and seclusion. While the rental structures offer reliable income, it's important to note that some areas of the property and buildings would benefit from cleanup and general maintenance. Deferred upkeep, largely due to tenant use and lack of consistent attention, means that future owners may want to address rubbish removal and invest in improvements to bring the homes and grounds to their full potential. Still, with its combination of location, agricultural zoning, rental income, and land quality, this property is ideally suited for buyers seeking a multi-home holding investment, hobby farming lifestyle, or a rural compound with significant upside over time (id:39198)
Listed By
The listing brokerage and/or agent is Landquest Realty Corporation
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
$
$
%
$
$
Total Monthly Payment
$7,103 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,462,400
Total Interest Payments
$901,659
Total Payment (Principal + Interest)
$2,364,059
Cashflow Calculator
$
$
$
$
$
$
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.