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655 Trans Canada Highway, Mill Bay Malahat

Price

$649,999

Bedrooms3 Beds

Bathrooms1 Baths

Size1366 sqft

Year Built1910

Property TypeDetached Home

Property Taxes$2,913.76

Description

Discover the charm of this 3-bedroom, 1-bathroom bungalow, formerly home to the renowned Malahat Cottage Tea House. Spanning 1,366 sq. ft., this character-filled property offers a unique opportunity for homeowners and investors alike. Situated on a sun-drenched lot with south-facing exposure, the property features partial fencing and a second septic system—installed by a previous owner with plans for an additional home, though never connected. Step inside to find a spacious, open-concept living and dining area, highlighted by a stunning wood-burning fireplace. The kitchen, complete with a wood-burning stove, adds to the home's cozy ambiance. All appliances are included, making for an easy transition. Endless possibilities await in this special property—don't miss your chance to make it your own! (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Generation

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

$2,578 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$520,000

Total Interest Payments

$320,612

Total Payment (Principal + Interest)

$840,611

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