Price
$1,999,000
Bedrooms5 Beds
Bathrooms1 Baths
Size2283 sqft
Year Built1966
Property TypeDetached Home
Property Taxes$6,184.38
Seize a rare opportunity to own a slice of paradise on the Inlet of Tranquility the most desirable area of Shawnigan Lake! This 5-bedroom, 1-bath rancher spans 1,333sqft and rests on a generous .56-acre waterfront lot. Whether you envision a serene getaway or a year-round residence, this home brims with potential. The property includes two legal lots-one waterfront and one across the road-offering flexibility for future development. A large, covered boat dock and a gated driveway enhance your lakeside living experience, while nearby nature trails make this private oasis a haven for outdoor enthusiasts. Whether you're planning a remodel or seeking a tranquil retreat, this property provides the perfect canvas to create your ultimate lakefront escape. Embrace the lifestyle only lakefront living can offer! (id:39198)
The listing brokerage and/or agent is Sotheby's International Realty Canada
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.
$7,697 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,599,200
Total Interest Payments
$986,005
Total Payment (Principal + Interest)
$2,585,205
$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.