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  4. Duncan Real Estate
  5. Mays

7087 Mays Road, East Duncan Duncan

Price

$2,399,000

Bedrooms4 Beds

Bathrooms2 Baths

Size2530 sqft

Year Built1930

Property TypeDetached Home

Property Taxes$2,808

Description

Imagine enjoying your morning coffee, while feasting your eyes on the beauty of the sunrise, the mountains & pastoral views. The 2,133 Sq foot, spacious 4 bed,2 bath, charming farm house has lots of high ceilings, is bathed in natural light from its many windows and has many updates including a new heat pump w/air conditioning. This property is nestled in the heart of the Cowichan Valley which has received official recognition as an unique wine producing region, known for great growing conditions. There are numerous outbuildings: barns, shop, farm store, bachelor suite + a 2-bed tenanted home, a turn key, income producing blueberry operation & more. The property is fully fenced w/ lots of new fencing & perfectly set up for cattle & horses. There is also an established orchard & owners grow their own hay. This is a wonderful opportunity w/ many potential income streams for multiple sources of income. The new hospital under construction is just a few minutes away and offers opportunity to increase traffic to the well established farm store. Imagine hosting events here! Dreams do come true! Price is + GST (id:39198)

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Listed By

The listing brokerage and/or agent is Royal LePage Parksville-Qualicum Beach Realty (QU)

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

$8,853 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,919,200

Total Interest Payments

$1,183,304

Total Payment (Principal + Interest)

$3,102,504


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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