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  5. Cottage

7477 Cottage Way, Lake Cowichan Lake Cowichan

Price

$909,000

Bedrooms1 Beds

Bathrooms2 Baths

Size1414 sqft

Year Built2017

Property TypeCondo/Townhouse

Property Taxes$4,677.58

Maintenance Fees$120/month

Description

Welcome to the ultimate, super convenient lake property in the most sought after community on Lake Cowichan! This home is situated in arguably the best location in the development with easy access to your premium boat slip, billiards club house & outdoor pool with a hot tub just steps away. The ideal floor plan lends itself perfectly for family and guests who want to get the most out of the cottage lifestyle. The main floor features 2 generously sized bedrooms, full bathroom, cozy living area accented with a gas fireplace, chef's kitchen, massive southwest facing patio and oversized windows providing serene lake views & plenty of natural light. The bottom floor has a fully self contained 1 bedroom suite with another spacious living area walking out to a professionally landscaped stone patio with plenty of grass for summer activities! This cottage is quintessential for families or executives while also presenting itself as an attractive investment for someone seeking year round revenue! (id:39198)

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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

$3,776 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$727,200

Total Interest Payments

$448,364

Total Payment (Principal + Interest)

$1,175,564


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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