PARADISE Close, Cowichan Bay Cowichan Bay
Price
$1,450,000
Bedrooms3 Beds
Bathrooms3 Baths
Size4071 sqft
Year Built2003
Property TypeDetached Home
Property Taxes$7,283.52
Description
Welcome to 1109 & 1111 Paradise Close - This custom log home & cabin are located in the desirable Cherry Point area. Enjoy a sun drenched deck & commanding ocean views overlooking the Satellite Channel & Salt Spring Island. Enter into an inviting, open vaulted, 2530 sqft log home with a cozy woodstove, open living area & kitchen perfect for hosting or entertaining. The 4 BD & 2 BA home has ample space for a growing family. The walk out basement has an additional rec room that is perfect for multi generational living. The 1.48 acres are nestled on a hilltop forest hideaway at the end of a cul-de-sac, the property is peaceful & private. There are mature trees & forested trail that lines the acreage with a private beach at the end. The cabin has immediate rental income potential with a fully-furnished 466 sqft 1BD, 1BA with separate parking, deck & a private walkway making it an ideal as a mortgage helper. Many new upgrades, some of which include 60-gal HWT, exterior energy-seal of logs, LG WashTower Laundry Centre, new paint, and new carpet. This property is exempt from the Foreign Buyers Tax & the Speculation & Vacancy Tax! Kayak or canoe from the Estates' Cees and Miep Hoff park to Musgrave Point on Salt Spring Island 3 km away, or take a lovely scenic bicycle ride past the expansive farmland pastures and wine vineyards of Cherry Point. Close to the premier Arbutus Ridge Golf Club & Academy, the South Cowichan Lawn Tennis Club active since 1887, the Cowichan Bay seafront promenade and estuary, and a short drive to the Kinsol Trestle, Malahat Skywalk, BC Discovery Center, Farmers Market, Maple Bay, and Mount Tzouhalem. Camp and stargaze in your backyard, pick food from your fruit trees (peach, pear, apple) and garden (berries, mint, thyme, and rosemary). Refer to buyer info pack for more information. Easy to show. Immediate possession available. Book your showing today. (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
$5,816 / 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
Related Properties
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.