1376 Lynburne Place Unit 113/115B, FAIRWAYS Langford

Price

$79,900

Bedrooms2 Beds

Bathrooms3 Baths

Size1450 sqft

Year Built2004

Property TypeCommercial

Property Taxes$1,202.4

Unit Number113/115B

Description

113/115 B Beautiful ground floor Quarter Share at Bear Mountain golf community. Fairway condos/hotel building. Offer includes a 1450 sqft 2 bdrm/3 bath suite features a full kitchen, fireplace. Includes lock off adjoining 1 bdrm/1 bath with kitchenette. Spacious 44 ft x 23 ft 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 biking trails, Bear Mountain Activity Centre (multiple gyms & outdoor pool & hot tub). Mt. Finlayson trails for the outdoor adventurers. Only a 20-minute 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)

Listed By

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.

Property Dimensions

The Property Location

Mortgage Calculator

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Total Monthly Payment

$388 / 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

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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.

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