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  5. Genoa Bay

5000 Genoa Bay Road, East Duncan Duncan

Price

$349,000

Bedrooms2 Beds

Bathrooms3 Baths

Size2584 sqft

Year Built2024

Property TypeDetached Home

Property TaxesNot listed

Description

Seldom do we find a float home on the West Coast that includes a boathouse as part of the build! This incredible opportunity in Genoa Bay Marina allows the new owner to put the finishing touches on a high-quality float home constructed by a shipwright while enjoying immediate use as a boathouse. The exterior is complete with windows, doors, siding, roof and a spacious deck to take in the breathtaking views. Inside, the space is fully framed, offering a blank canvas to customize the layout and finishes to your taste. A mock-up of building plans is available, or bring your own vision to life. Key Features of the Float Home: Over 1,800 sqft of living space across two levels Built on encapsulated styrofoam billets with buoyancy of 4ft across by 4ft high Securely moored to the marina docks with 6,000-pound concrete blocks anchored below for ballast Water & electrical hookups on the dock Constructed to lockup stage, featuring metal siding & Westtech windows Plumbing & electrical roughed in for easy customization Two Valor propane fireplaces, including a double-sided fireplace in the ensuite Boathouse Features: Wrap-around boat well designed to accommodate up to a 44’ vessel with ceiling heights 16' & 22'' respectively. Workshop area for all your marine projects or storage needs This is an incredible chance to own a customizable float home in one of Vancouver Island’s most picturesque locations. Whether you're looking for a unique full-time residence, a weekend retreat, or a prime waterfront investment, come and enjoy the tranquility of Genoa Bay Marina, known for its calm waters, stunning scenery and welcoming community. A fantastic opportunity for boaters, nature lovers or anyone seeking a unique lifestyle on the water. Vancouver Island realtor Stephen Foster can guide you through the process with expert local knowledge. (id:39198)

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Listed By

The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate

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

$1,254 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$279,200

Total Interest Payments

$172,144

Total Payment (Principal + Interest)

$451,344


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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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Comber Friesen Group

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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