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  5. Elford

1725 Elford Road, Shawnigan Shawnigan Lake

Price

$799,000

Bedrooms2 Beds

Bathrooms1 Baths

Size1499 sqft

Year Built1965

Property TypeDetached Home

Property Taxes$2,760.33

Description

Welcome to 1725 Elford Road, a tranquil and idyllic Shawnigan property offering immense value to families, investors, and developers alike at almost a full acre in size (0.87 acre, 37,950 sq/ft). Move-in to the 2 bedroom, 1 bath, cottage-style home (1 bedroom w/out closet) and make it your own while exploring potential redevelopment opportunities. Enjoy family time or entertain friends in the spacious living room w/ beautiful wood floors. Conveniently located near public beaches, hiking and walking trails, & Shawnigan Lake Village. This place really does offer the perfect rural-urban Shawnigan lifestyle (& only a short commute to Victoria or Duncan!). Extremely versatile lot complete w/ usable outbuildings, including spacious powered workshop area, this property is a perfect blend of versatility/value & is not to be missed! (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$3,101 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$639,200

Total Interest Payments

$394,106

Total Payment (Principal + Interest)

$1,033,306


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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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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