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  5. Cowerd

1015 Cowerd Road, Cobble Hill Cobble Hill

Price

$829,000

Bedrooms3 Beds

Bathrooms1 Baths

Size1709 sqft

Year Built1975

Property TypeDetached Home

Property Taxes$3,017

Description

Peaceful 1.15-Acres in Cobble Hill. Nestled in a quiet, park-like landscape, this level property offers a mix of comfort, opportunity, and natural beauty. The updated 1,260 sq. ft. deregistered mobile home with additions features 3 bedrooms and an inviting, open layout. Relax on the expansive 12’ x 36’ deck, explore possibilities in the 12’ x 24’ studio/tiny home, or enjoy the versatility of the 16’ x 24’ shop/games room. Wander through gardens and enjoy evenings by the campfire under the stars. Plenty of parking for RVs and recreational vehicles, while schools, golf, shopping, dining, and transit are all close by. Water and sewer connections at the rear provide exciting potential for future rental income or an additional family residence. Whether you choose to build your dream home, enhance the existing setup, or simply enjoy its current charm, this property presents a rare blend of serenity and future promise, just 15 minutes to Duncan, 30 minutes to Victoria, and 40 to Nanaimo. (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Island Properties (DU)

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

$3,230 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$663,200

Total Interest Payments

$408,904

Total Payment (Principal + Interest)

$1,072,104


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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