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6316 Genoa Bay Road Unit Lot 2, East Duncan Duncan

Price

$449,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeDetached Home

Property Taxes$3,694

Unit NumberLot 2

Description

This rare 1.5-acre freehold lot in Maple Bay offers a unique combination of ocean views, superb privacy, and a prime location. Backing onto a municipal forest reserve, the property provides a peaceful, natural setting while being just steps from the Maple Bay Yacht Club and a short walk to Maple Bay Marina, where Gulf Island Seaplanes offers regularly scheduled float plane service to and from Maple Bay to Vancouver (YVR). Outdoor enthusiasts will love the proximity to mountain biking and hiking trails on Mt. Tzouhalem, Maple Mountain, and Stoney Hill, while boaters will enjoy easy access to the southern Gulf Islands. The area also boasts a beautiful beach and a popular local pub. With R1 zoning that allows for two-family dwellings and a minimum lot size of 18,029 sq. ft. (0.41 acres), this property may have development potential (Buyer to verify). Driveway and septic covenants are already registered, and the seller may offer VTB financing for qualified buyers. Listed by Brian Danyliw - Sotheby's Realty. For more info please call 250-710-6844 or brian.danyliw@sothebysrealty.ca (id:39198)

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Listed By

The listing brokerage and/or agent is Sotheby's International Realty Canada (Vic2)

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

$1,921 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$359,200

Total Interest Payments

$221,469

Total Payment (Principal + Interest)

$580,669


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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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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