Price
$1,489,900
Bedrooms4 Beds
Bathrooms4 Baths
Size4710 sqft
Year Built1991
Property TypeDetached Home
Property Taxes$3,587
Have you been searching for the perfect home in the serene and sought-after Cedar area complete with a massive shop? This just might be the answer to your prayers. Situated on 1.41 acres of flat, usable land, this well-maintained 1,700 sq. ft. rancher-style home offers 3 bedrooms and 2 bathrooms, along with spacious living, dining, and kitchen areas. Step out onto the glorious back deck with sunken hot tub. The property also boasts a detached garage and an impressive oversized, MASSIVE shop, ideal for hobbyists, entrepreneurs, or anyone who needs a serious Workshop. The shop includes 1-bedroom suite, an office, bathroom, and its own laundry, covered parking for your boat, trailer, or RV, plenty of storage and work space, previously operated as a mechanical shop, the equipment including lifts, compressors, tools, and more are negotiable, making this a turnkey opportunity for the right buyer. Whether you're looking for a peaceful retreat, a work-from-home solution, this could be it. (id:39198)
The listing brokerage and/or agent is eXp Realty (NA)
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.
$5,652 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,191,920
Total Interest Payments
$734,892
Total Payment (Principal + Interest)
$1,926,812
$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.