Price
$79,900
Bedrooms2 Beds
Bathrooms3 Baths
Size1450 sqft
Year Built2004
Property TypeCommercial
Property Taxes$1,202.4
Unit Number113/115A
113/115 A beautiful ground floor Quarter share at Bear Mountain golf community. Fairway condos/hotel building. Offers includes a 1450 sq ft / 3 bath suite features full kitchen, fireplace. Includes lock off adjoining 1 bdrm/1 bath with kitchenette. Spacious 44ft x 23ft private partially covered patio. The Fairway is located off the 1st hole of one of two Jack Nicklaus designed golf courses. Just steps from the Westin Hotel, clubhouse, spa facilities and restaurants. Fantastic amenities avail. by membership OR day pass purchase: Clay tennis courts, mountain bike trails, Bear Mountain Activity Centre (multiple gyms & indoor pool & hot tub) Mt Finlayson trails for the outdoor adventurers. Only a 20 min drive to Victoria's downtown. The unit is rented as hotel rooms with revenue back to owner (managed by hotel staff). Around 5% ROI Annually if fully rented. Underground secure parking available. Plus GST. Opportunity for buying 2 Quarter shares. A/B both. (id:39198)
The listing brokerage and/or agent is Royal LePage-Comox Valley (CV)
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.
$388 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$63,920
Total Interest Payments
$39,411
Total Payment (Principal + Interest)
$103,331
$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
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.