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7420 Cowichan Lake Road, Lake Cowichan Lake Cowichan

Price

$579,000

Bedrooms2 Beds

Bathrooms1 Baths

Size854 sqft

Year Built1952

Property TypeDetached Home

Property Taxes$1,596.95

Description

Rare Find: 1 Acre Property Near Lake Cowichan! Discover this unique 1-acre property just 5 minutes from the stunning Lake Cowichan. This charming 2-bedroom, 1-bath cabin-style home is perfect for those seeking a rural escape or investment opportunity. With excellent potential for expansion, you can live in or rent out this cozy residence while planning your dream home. The property features all new kitchen cabinets and appliances, ensuring a modern touch. Enjoy the newly completed deck, perfect for relaxation or entertaining, as well as a new firewood storage shed for your convenience. Ample parking, coupled with mature trees, enhances the natural beauty of this serene setting. Embrace the great outdoors with nearby fishing, hiking, tubing, and more. Don’t miss out on this rare opportunity to own a slice of paradise! Contact us today for a viewing. (id:39198)

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Listed By

The listing brokerage and/or agent is REMAX Professionals

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

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Total Monthly Payment

$2,214 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$463,200

Total Interest Payments

$285,591

Total Payment (Principal + Interest)

$748,791


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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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.

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Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

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Victoria

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Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

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Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions