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  5. Shawnigan Mill Bay

1120 Shawnigan Mill Bay Road Unit 32C, Mill Bay Mill Bay

Price

$285,000

Bedrooms2 Beds

Bathrooms1 Baths

Size1100 sqft

Year Built1972

Property TypeDetached Home

Property Taxes$399

Unit Number32C

Description

Great Value, Great Location! Now reduced to 285k! Affordable Living in a prime Mill Bay Park Setting! Welcome to a charming and affordable home in the desirable Cedar Creek Mobile Home community of Mill Bay. Ideally located at the top of the hill, this property offers exceptional privacy, surrounded by the Forest and the Mountains. This cute home also includes a detached 400 sq ft workshop—perfect for hobbies or storage—as well as a spacious shed. Over the past few years, numerous upgrades have been completed to the Mobile, including updated electrical and plumbing systems, fresh paint, a new deck, windows, railings, and efficient heat pumps for both air conditioning and heating. The owner also enhanced the home's structural integrity, upgrading from 2x4 to 2x6 construction. All of this is available for well under $300,000 with the lowest pad fees in the Cowichan Valley—just $560/month! Whether you're downsizing or entering the market for the first time, this is an inviting, safe, and budget-friendly option. Conveniently located close to all amenities including grocery stores, restaurants, gas stations, and coffee shops. Outdoor enthusiasts will love being just minutes from Shawnigan Lake, the ocean, and Masons Beach. (id:39198)

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Listed By

The listing brokerage and/or agent is eXp Realty

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

$1,058 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$228,000

Total Interest Payments

$140,576

Total Payment (Principal + Interest)

$368,576


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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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Comber Friesen Group

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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