Price
$4,495,000
Bedrooms2 Beds
Bathrooms4 Baths
Size4529 sqft
Year Built2022
Property TypeDetached Home
Property Taxes$8,386.1
Welcome to 10718 Madrona Drive, a breathtaking waterfront home in North Saanich, blending luxurious design with stunning ocean views. This thoughtfully crafted property features custom built-in cabinetry, exquisite mouldings, and Noguchi light fixtures for timeless elegance. The gourmet kitchen boasts a 58” Aga range, custom copper range hood, and Italian marble countertops, perfect for entertaining. The primary suite offers a spa-inspired ensuite with heated floors, while three gas fireplaces provide warmth and ambiance throughout. Additional highlights include a legal 1-bedroom suite, ideal for guests, extended family, or rental income. Outdoor living is enhanced by expansive patios, two olive trees, espalier lemon and guava trees, and a private mooring for boating or paddleboarding. Spend your summers swimming in the warm, tranquil waters or relaxing on your patio, soaking in the serene surroundings as the sunsets, second to none, paint the sky. This exceptional waterfront property is a rare opportunity. (id:39198)
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
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.
$16,847 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$3,596,000
Total Interest Payments
$2,217,153
Total Payment (Principal + Interest)
$5,813,153
$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.