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  5. Lochside

5055 Lochside Drive, Cordova Bay Saanich

Price

$1,949,900

Bedrooms2 Beds

Bathrooms3 Baths

Size3467 sqft

Year Built1954

Property TypeDetached Home

Property Taxes$7,644.34

Description

Nestled in the serene, tree-lined section of Lochside Drive, this beautiful water-view 4 bed, 3 bath home offers a tranquil retreat surrounded by nature. From the moment you step inside, you'll instantly feel the warmth and charm of this inviting property. The spacious eat-in chef's kitchen boasts stunning quartz and granite countertops, shaker cabinetry, ample cupboard space, and a stylish tiled backsplash. High-end stainless steel appliances, mahogany floors, and dual sinks make this kitchen an entertainer’s dream. The home offers breathtaking views from nearly every room. Start your day with breakfast in the light-filled dining area, overlooking a private and picturesque courtyard—perfect for a relaxing outdoor reading spot. The cozy living room, complete with an electric fireplace, provides the ideal space to unwind on chilly winter evenings. The expansive primary bedroom is a true retreat, featuring custom built-in shelves, an electric fireplace, a walk-in closet, and a spa-inspired ensuite bath with heated floors, a luxurious soaking tub, and a double shower. Downstairs, you’ll find a large family room, an additional bedroom, a four-piece bathroom, a hobby room, second bedroom/office space, and plenty of storage—including a workshop area. With the potential for a suite, the lower level is as functional as it is spacious. Outside, you’ll enjoy multiple decks, patios, and a beautifully landscaped garden that offers the perfect setting for outdoor entertaining or quiet relaxation. The home is equipped with a heat pump, a single garage, and is just a short walk to Mattick’s Farm. (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

$7,642 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,559,920

Total Interest Payments

$961,786

Total Payment (Principal + Interest)

$2,521,706


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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