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1376 Lynburne Place Unit 205/207D, The Fairways Hotel Langford

Price

$79,900

Bedrooms2 Beds

Bathrooms3 Baths

Size1556 sqft

Year Built2004

Property TypeCommercial

Property Taxes$1,345.18

Unit Number205/207D

Description

INVESTOR ALERT!! Turnkey ¼ share ownership opportunity in the premier Fairways Hotel located at the prestigious Bear Mountain Resort. Within walking distance of restaurant, spa, pool, gym, tennis, hiking trails and two world class Jack Nicklaus designed golf courses, it’s a great getaway for year-round enjoyment in a beautiful natural setting. Earn a revenue stream without being a landlord and stay up to 13 weeks a year in this professionally managed complex. It’s a great home base for day trips to discover Vancouver Island. This offering includes two adjoining suites; a one-bedroom king with full kitchen, two baths and private balcony PLUS a separate self-contained studio with two queen beds, a kitchenette, full bath and private balcony. You have the option to connect these suites which are located on the quiet side of the building overlooking the golf course. All suites are finished in a similar manner. Due to bookings, some photos shown are of a similar suite. This is a pet friendly hotel. (id:39198)

Listed By

The listing brokerage and/or agent is Pemberton Holmes Ltd.

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

$400 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$63,920

Total Interest Payments

$39,411

Total Payment (Principal + Interest)

$103,331

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.

Locations We Serve

Cowichan Valley

Cowichan Valley

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

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

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

Saanich

Saanich

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

We can help you find your dream home