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7474 Pinyon Rise, The Cottages at Marble Bay Lake Cowichan

Price

$309,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeCondo/Townhouse

Property Taxes$1,300.01

Maintenance Fees$322/month

Description

*Comprehensive building/information package available upon request* NO GST! Build your dream home on this stunning lakeview lot in The Cottages at Marble Bay – a peaceful collection of 50 homes/lots on supernatural Cowichan Lake, BC. This spectacular 0.43 ac lot sits at the highest vantage point, boasting panoramic south-facing lake and mountain views and bordering Marble Bay Park for privacy and convenient trail access. For sale by original owners, who invested over $100,000 in transforming a sloped mountain face into one of the best build sites in Marble Bay. Unfortunately, a tragic life event forced them to stop construction and change plans. The site is build-ready with all documentation to hit the ground running, including stamped engineer plans, approved building inspections, geotechnical and environmental reports, and more - all utility connections on the road and a 42x24 ICF foundation awaiting your ideas. The Cottages at Marble Bay is a close-knit, peaceful community in Lake Cowichan - comprised entirely of prideful owners and long-term residents (i.e., no short-term/vacation rentals). The majority live year-round, with only a few seasonal residents. The monthly fee includes garbage, recycling, water, sewer, common property maintenance, and private access to a 4.5-acre lakefront park with a beach/swimming area and an impressive dock with slides and beach games. Exemption area for the Speculation & Vacancy Tax, the Non-Canadian Buyer Ban, and Non-Canadian Additional Property Transfer Tax! (id:39198)

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

$1,541 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$247,200

Total Interest Payments

$152,414

Total Payment (Principal + Interest)

$399,614

Cashflow Calculator

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

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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