Price
$1,575,500
Bedrooms4 Beds
Bathrooms3 Baths
Size3087 sqft
Year Built1976
Property TypeDetached Home
Property Taxes$5,304
Welcome to this stunning acreage in sought after Mill Bay! This beautiful 4 bedroom, 3 bathroom rancher is the perfect blend of a tranquil countryside estate and a family home great for entertaining. Situated on 2.69 acres of flat, usable land the property offers ample space for outdoor activities, gardening or relaxing by the pool and enjoying the natural beauty around you. As you enter the home, you notice the brick surround with wood burning fireplaces, the formal dining room, and bright kitchen with solid wood cabinetry and warm granite. This sprawling home has large bedrooms on either side of the open concept living area, so it is perfect for multi-generational living. The zoning is RR3 allowing for a detached suite. The seller has done major updates spending over 200K including new septic system (2024), a well filtration system (2023), and an HVAC system complete with heat-pump (2024). This home is close to Mill Bay shopping, amenities, schools and a 25 minute drive to Victoria. (id:39198)
The listing brokerage and/or agent is RE/MAX Island Properties (DU)
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.
$6,102 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,260,400
Total Interest Payments
$777,114
Total Payment (Principal + Interest)
$2,037,514
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.