2868 Glenwood Avenue, Portage Inlet Saanich
Price
$1,250,000
Bedrooms3 Beds
Bathrooms1 Baths
Size1625 sqft
Year Built1940
Property TypeDetached Home
Property Taxes$6,370.43
Description
Nestled on the shores of the Portage Inlet, this exceptional waterfront property at 2868 Glenwood Avenue offers a rare opportunity to own a part of Vancouver Island’s iconic Gorge Waterway. With over 13,000 sqft. of flat land, this property gives you privacy and endless potential, all just minutes from city amenities. Step into your own oasis with a private dock, perfect for kayaking, paddleboarding, or enjoying the peaceful waters right from your backyard. Whether you’re looking for a family home, vacation retreat, or more, this one ticks all the boxes. The residence features four bedrooms across two levels, offering flexibility for families. A large unfinished basement presents potential for an in-law suite or additional living space. Inside, enjoy a blend of classic charm and modern updates, including a brand-new high-end Northstar stove and fridge. The expansive lot and layout offer boundless opportunities to expand or rebuild, with plans for an addition completed and available. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Generation - The Neal Estate Group
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
$5,022 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,000,000
Total Interest Payments
$616,561
Total Payment (Principal + Interest)
$1,616,561
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.