Price
$5,849,000
Bedrooms3 Beds
Bathrooms4 Baths
Size3145 sqft
Year Built1949
Property TypeDetached Home
Property Taxes$19,847.99
Discover the best of coastal living in an exceptional south-facing waterfront estate located in the prestigious 10 Mile Point. Nestled on an extraordinary 1.13-acre property, this estate features 150 feet of ocean frontage, providing breathtaking panoramic views. Enjoy stunning vistas across Baynes Channel toward Chatham, Discovery, and Trail Islands, all framed by the Olympic Mountains in the distance. This tranquil, sun-drenched haven offers low-bank access, allowing for direct connection to the pristine shoreline—an ideal setting for relaxation and water activities. A remarkable opportunity awaits on a level lot, offering endless possibilities for its new owners. Current design concepts include a luxurious 7,210 square feet residence, a separate guest house, a spacious detached garage, and an inviting outdoor BBQ and pergola cooking area. Immerse yourself in the ever-changing scenery and abundant marine wildlife from your own private sanctuary. Conveniently situated near Cadboro Bay Village, the Royal Victoria Yacht Club, parks, walking trails, top-rated schools, and the University of Victoria, this property truly captures the essence of oceanfront living. Seize the opportunity to own a piece of Greater Victoria’s coastal paradise. (id:39198)
The listing brokerage and/or agent is The Agency
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.
$22,666 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$4,679,200
Total Interest Payments
$2,885,012
Total Payment (Principal + Interest)
$7,564,212
$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.