Price
$1,260,000
Bedrooms3 Beds
Bathrooms3 Baths
Size3303 sqft
Year Built1980
Property TypeDetached Home
Property Taxes$5,698
Located in the most desirable area of Mill Bay, on a quiet no thru road, you will find this 3000+ sqft home on a sun-filled 3.07-acre parcel surrounded by pastoral views, fruit trees & gardens. The home features 5 Bed & 3 Baths, including a totally updated 1-bed & den suite, which has been used as a successful Airbnb rental. As you enter the upper level, you enter a nice sunroom/sitting area, which then leads to your large Country Kitchen, an open-concept living and dining area, and three spacious bedrooms. The picturesque back garden features fruit trees, grapes, and an attached greenhouse with a large patio area. The rear of the property is wooded and park-like. Also, there are 2 single-car garages, a carport, Chicken Coop, a horse barn, an orchard & RV parking. The zoning allows for a potential subdivision with the minimum lot size being 0.98 acres (buyer to verify). The property offers exceptional value given its size, location, and income potential in the Mill Bay market. (id:39198)
The listing brokerage and/or agent is RE/MAX Camosun
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$5,002 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,008,000
Total Interest Payments
$621,494
Total Payment (Principal + Interest)
$1,629,494
$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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
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As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
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The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.