148 Meadow Drive, Salt Spring Salt Spring
Price
$829,000
Bedrooms3 Beds
Bathrooms2 Baths
Size1118 sqft
Year Built2001
Property TypeDetached Home
Property Taxes$2,967
Description
COTTAGE OASIS FOR SALE! Built in 2001 on 5.44 acres of gorgeous, sunny forested land amidst large green spaces and 1/12 share in 77 acres of adjacent parkland connecting to ecological reserve. This property awaits a transformative vision. A winding driveway leads to a deeply quiet & private homestead. Plenty of cleared land awaits a productive permaculture garden. 2 bedrooms on main, large enclosed loft & 2 bathrooms. 7 gal/min well. Renovated pump house has new roof, flooring and insulation. Electrical/plumbing update for water system was done this year. UV filtration in place. New septic field in 2021. This home seeks someone with verve & enthusiasm to polish and update a cute cottage with enormous potential. Sold 'as is' as elbow grease is required-a modestly priced fixer-upper appealing to buyers building roots on Salt Spring Island. A feeling of being away from it all yet just 10 minutes from Fulford Village and the ferry to Victoria. Hiking trails & beaches nearby. (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes - Salt Spring
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,226 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$663,200
Total Interest Payments
$408,904
Total Payment (Principal + Interest)
$1,072,104
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
Comber Friesen Group
Realtors
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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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.