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2509 Mill Bay Road, Mill Bay Mill Bay

Price

$1,450,000

Bedrooms2 Beds

Bathrooms4 Baths

Size3241 sqft

Year Built1988

Property TypeDetached Home

Property Taxes$6,286

Description

Perched in the heart of highly desirable Mill Bay, this exceptional property is a rare and stunning find. Perfectly positioned close to every amenity—groceries, gas stations, restaurants, ice cream shops, pet stores, pharmacies, and even local vineyards—this location delivers a true 10/10 lifestyle. Enjoy the best of both worlds: peaceful coastal living that’s close enough to the city, yet far enough to feel like a retreat. Offering a generous 3,200 sq ft, this beautifully designed home features 4 bedrooms and 4 bathrooms, including a legal income-generating Airbnb. Whether you continue the revenue stream, convert it to a spacious lower suite, or create a multigenerational living setup, the flexibility here is outstanding. Set on nearly half an acre, the views are nothing short of breathtaking. From your expansive east-facing balcony, take in panoramic ocean vistas with Mount Baker rising majestically across the water. Start your mornings with unforgettable sunrises and keep an eye out for blue herons, eagles, seals, and even whales passing by—nature is truly at your doorstep. The home offers a level, wheelchair-accessible front entry, creating a rancher-style main living level for easy, comfortable living. Meticulously landscaped grounds front and back enhance the sense of pride in ownership, while recent updates such as a newer fridge and dishwasher add everyday convenience. Large home. Suite potential. Expansive lot. Ocean views. Steps to the water. This is Mill Bay living at its finest—an opportunity not to be missed. (id:39198)

Listed By

The listing brokerage and/or agent is eXp Realty

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

$5,733 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,160,000

Total Interest Payments

$715,211

Total Payment (Principal + Interest)

$1,875,211

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.

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.

We can help you find your dream home