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2550 Queenswood Drive, Queenswood Saanich

Price

$6,999,000

Bedrooms5 Beds

Bathrooms3 Baths

Size4384 sqft

Year Built1938

Property TypeDetached Home

Property Taxes$35,060.24

Description

Prime opportunity to own 3 acres in Queenswood on the oceanfront. 1st time to market in 50 years! Sweeping ocean views out to the San Juan Islands and 85 metres of foreshore provide a picturesque backdrop with plenty of peace & privacy. Development possibilities include subdividing into 3 lots, or live in the current residence while constructing your ocean front dream home! Current residence provides 3,000sqft of living space over 3 levels, with main floor living, plus 4 bedrooms above & lots of storage below.Exceptional outdoor living with sprawling patio areas, several decks & stone pathways. Park-like property includes mature trees, lush landscaping & an outdoor pool overlooking the active waterways. Envision a custom designed home with lavish finishings throughout, bringing new life to this treasured property, the possibilities are truly endless. Nearby amenities include lots of shopping & dining options, golf courses, recreation centres, marinas, extensive trails, parks & beaches. (id:39198)

Listed By

The listing brokerage and/or agent is Engel & Volkers Vancouver Island

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

$28,065 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$5,599,200

Total Interest Payments

$3,452,248

Total Payment (Principal + Interest)

$9,051,448

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

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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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home