7087 Mays Road, East Duncan Duncan
Price
$2,399,000
Bedrooms4 Beds
Bathrooms2 Baths
Size2530 sqft
Year Built1930
Property TypeDetached Home
Property Taxes$2,808
Description
Imagine enjoying your morning coffee, while feasting your eyes on the beauty of the sunrise, the mountains & pastoral views. The 2,133 Sq foot, spacious 4 bed,2 bath, charming farm house has lots of high ceilings, is bathed in natural light from its many windows and has many updates including a new heat pump w/air conditioning. This property is nestled in the heart of the Cowichan Valley which has received official recognition as an unique wine producing region, known for great growing conditions. There are numerous outbuildings: barns, shop, farm store, bachelor suite + a 2-bed tenanted home, a turn key, income producing blueberry operation & more. The property is fully fenced w/ lots of new fencing & perfectly set up for cattle & horses. There is also an established orchard & owners grow their own hay. This is a wonderful opportunity w/ many potential income streams for multiple sources of income. The new hospital under construction is just a few minutes away and offers opportunity to increase traffic to the well established farm store. Imagine hosting events here! Dreams do come true! (id:39198)
Listed By
The listing brokerage and/or agent is Royal LePage Parksville-Qualicum Beach Realty (QU)
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
$8,853 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,919,200
Total Interest Payments
$1,183,304
Total Payment (Principal + Interest)
$3,102,504
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.