2509 Mill Bay Road, Mill Bay Mill Bay
Price
$1,450,000
Bedrooms2 Beds
Bathrooms4 Baths
Size3241 sqft
Year Built1988
Property TypeDetached Home
Property Taxes$6,286
Description
Perched in the heart of highly desirable Mill Bay, this exceptional property is a rare and stunning find. Perfectly positioned close to every amenity—groceries, gas stations, restaurants, ice cream shops, pet stores, pharmacies, and even local vineyards—this location delivers a true 10/10 lifestyle. Enjoy the best of both worlds: peaceful coastal living that’s close enough to the city, yet far enough to feel like a retreat. Offering a generous 3,200 sq ft, this beautifully designed home features 4 bedrooms and 4 bathrooms, including a legal income-generating Airbnb. Whether you continue the revenue stream, convert it to a spacious lower suite, or create a multigenerational living setup, the flexibility here is outstanding. Set on nearly half an acre, the views are nothing short of breathtaking. From your expansive east-facing balcony, take in panoramic ocean vistas with Mount Baker rising majestically across the water. Start your mornings with unforgettable sunrises and keep an eye out for blue herons, eagles, seals, and even whales passing by—nature is truly at your doorstep. The home offers a level, wheelchair-accessible front entry, creating a rancher-style main living level for easy, comfortable living. Meticulously landscaped grounds front and back enhance the sense of pride in ownership, while recent updates such as a newer fridge and dishwasher add everyday convenience. Large home. Suite potential. Expansive lot. Ocean views. Steps to the water. This is Mill Bay living at its finest—an opportunity not to be missed. (id:39198)
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
$5,733 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,160,000
Total Interest Payments
$715,211
Total Payment (Principal + Interest)
$1,875,211
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
Comber Friesen Group
Realtors
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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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.