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  5. Sooke River

2550 Sooke River Road, Saseenos Sooke

Price

$1,100,000

Bedrooms3 Beds

Bathrooms2 Baths

Size1352 sqft

Year Built1995

Property TypeDetached Home

Property Taxes$1

Description

Single family dwelling with additional income generating property! Two 3-bed homes on a 1 Acre lot. Take your pick of which to live in, rent out the other as a mortgage helper, vacation rental or for extended family & friend visits! Alternatively purchase as an investment property and rent out both for optimum cash flow. Main dwelling is a recently built standard frame construction rancher home complete with skylights and wood burning stove. Other dwelling is a 1995 double wide manufactured home complete with CSA registration. Separate meters to both properties, septic system and municipal water supply. Both properties currently tenanted, viewing by appointment only. Sale subject to tenancy, both properties on month-to-month. Sale subject to BC residential tenancy act. All measurements to be confirmed by buyer. (id:39198)

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Listed By

The listing brokerage and/or agent is Maxxam Realty 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

$3,952 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$880,000

Total Interest Payments

$542,574

Total Payment (Principal + Interest)

$1,422,574


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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