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2550 Queenswood Drive, Queenswood Saanich

Price

$6,120,000

Bedrooms5 Beds

Bathrooms3 Baths

Size3722 sqft

Year Built1938

Property TypeDetached Home

Property Taxes$35,060

Description

A most rare OCEANFRONT home positioned on 3 glorious acres of majestic, peaceful and private WATERFRONT property. Cherished for over 50 years by one family, this magical paradise paints memories that last forever. As you stroll down the private, winding drive you immediately feel as one within the mature gardens of rhododendrons, clematis, giant fir and oak trees that frame this 1938 residence. Rolling lawns, and native grass and camus meadows mix naturally with rocky outcroppings as one walks the grassy paths leading to the sea. The widening seascape draws you to the ever changing OCEAN and magnificent UNOBSTRUCTED VIEWS of Haro Strait and the San Juan islands. Stroll toward the cedar clad CHARACTER BEACH HOUSE and listen to the waves as they greet the shore. This once in a lifetime, world class property, represents the best of history and natural beauty. Priced well below 2023 independent fee appraisal of $7,750,000! (id:39198)

Listed By

The listing brokerage and/or agent is Newport Realty Ltd.

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

$24,907 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$4,896,000

Total Interest Payments

$3,018,683

Total Payment (Principal + Interest)

$7,914,683

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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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