Lot 10 Sheldrake Place, Mill Bay Mill Bay
Price
$1,190,000
Bedrooms2 Beds
Bathrooms1 Baths
Size1824 sqft
Year Built2025
Property TypeDetached Home
Property Taxes$2,144.18
Description
Purchase a nearly 1-Acre Parcel of land with a brand new 2 bed carriage house. Live on site while you build your dream home! Nestled on a cul-de-sac, this parcel offers the perfect blend of privacy & natural beauty. Surrounded by high-end homes and greenery, this is an ideal location for those seeking a peaceful lifestyle while staying close to schools, nature, and shopping. The carriage home is an excellent opportunity to generate revenue. It offers vaulted ceilings, custom fireplace and its own laundry. Underneath is a massive two-bay shop/garage with 12' ceilings offering endless possibilities. Use the shop for yourself, as part of the suite, or rent it out for a tidy monthly income. Work with the developer for a thoughtfully designed home plan or bring your own vision and create the custom home you've always dreamed of. This property is an excellent investment offering a rare opportunity to secure a stunning piece of land in a highly desirable neighbourhood. (id:39198)
Listed By
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.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,454 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$952,000
Total Interest Payments
$586,966
Total Payment (Principal + Interest)
$1,538,966
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.