550 Marine Place, ARBUTUS RIDGE Cobble Hill
Price
$999,900
Bedrooms2 Beds
Bathrooms2 Baths
Size1610 sqft
Year Built1993
Property TypeCondo/Townhouse
Property Taxes$3,549
Maintenance Fees$424/month
Description
SPECTACULAR OCEAN VIEWS IN ARBUTUS RIDGE - Located in a quiet cul-de-sac with dramatic ocean views across Sansum Narrows and toward Salt Spring Island. This beautifully renovated 2 bed/2 bath home is bright with large windows flooding the home with natural light. Gorgeous updated kitchen with stainless appliances and an eating nook with a deck to enjoy the views. Living room with cozy fireplace and dining area overlooking the ocean. Upstairs is the primary bedroom with lovely ensuite and another deck leading to beautiful easy-care garden space. Second bedroom and updated main bath complete this level. Double garage and crawl space for extra storage. Arbutus Ridge is a gated, 55+ seaside community boasting 24/7 security, tennis court, pool, hot tub, fitness and activity rooms, RV storage and a network of oceanfront walking trails. This beauty is sure to impress! (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd. (Dun)
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,312 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$799,920
Total Interest Payments
$493,200
Total Payment (Principal + Interest)
$1,293,120
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.