Price
$5,100,000
Bedrooms2 Beds
Bathrooms3 Baths
Size4188 sqft
Year Built1956
Property TypeDetached Home
Property Taxes$13,602
Cowichan Riverfront, Inwood Creek and a large, private waterfall on 40 acres with 3 water licenses beside a 30-acre waterfront conservancy parcel. A2 allows for five acre parcels in North Cowichan. A dedicated road leads you to this fabulous property, perhaps indicating North Cowichan’s long range plan. Huge indoor and separate outdoor covered riding arenas, with the glacial fluvial soil that is so healthy for your horse’s feet. Main house is handcrafted, with post and beam, beautiful whistler style vaulted ceilings and lots of glass. Large solarium and oak floors with a Cook's kitchen sporting a sub-zero fridge and a beautiful double oven six burner stove. Hot water heat supported by a huge outdoor wood furnace, which has been historically fed by downfalls right off the property. Separate 2 bd residence on top of the large shop. Large productive greenhouse, huge agricultural building, horse barn and 3 California chicken coops provide sustainability. You own the S curves fishing hole. The S curves is a favorite fishing spot on the Cowichan renowned for Steelhead. This property is past Marie Canon so you could float right down to the ocean. Perfect setup for growing popular healthy microgreens. This property takes sustainability to a new level , large gardens in and out , and many opportunities. Great water, the waterfall is amazing. Zoning allows for Craft distillery, home based business, kennel, riding stable supportive housing, assisted living animal shelter, community care facility plus more. (id:39198)
The listing brokerage and/or agent is RE/MAX Generation (LC)
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.
$19,455 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$4,080,000
Total Interest Payments
$2,515,569
Total Payment (Principal + Interest)
$6,595,569
$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.