Price
$548,800
Bedrooms2 Beds
Bathrooms2 Baths
Size2059 sqft
Year Built1971
Property TypeDetached Home
Property Taxes$3,812
OPEN HOUSE SAT APRIL 19 10AM-12PM - Perched to capture sweeping ocean views toward Salt Spring Island, this unique property blends coastal charm with practical versatility. The main level offers a bright and functional floor plan, featuring two comfortable bedrooms and a full bathroom. A spacious living room with a large picture window and cozy electric fireplace invites you to relax while enjoying the stunning seascape. The former garage has been used as a kitchen, once home to a successful catering business. While some renovation work is required to unlock the property's full potential, the main floor is move-in ready, offering a comfortable living space as you plan your updates. Downstairs, the walk-out basement presents exciting potential for development into a self-contained suite, adding value as a mortgage helper or guest accommodation. Whether you're looking for a home with business capability or a property with income potential, this is a rare find with endless possibilities. (id:39198)
The listing brokerage and/or agent is Royal LePage Coast Capital 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.
$2,290 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$439,040
Total Interest Payments
$270,695
Total Payment (Principal + Interest)
$709,735
$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.