7031 Sha-elum Drive, Lake Cowichan Lake Cowichan
Price
$1,000,000
Bedrooms2 Beds
Bathrooms4 Baths
Size1997 sqft
Year Built2022
Property TypeDetached Home
Property Taxes$4,654
Description
Welcome to North Shore Estates, a stunning leasehold property that offers a perfect blend of relaxation and investment potential. Overlooking the beautiful Cowichan Lake, this home has no restrictions for Airbnb or short-term rentals, and you won’t have to worry about property transfer tax. Enjoy the luxury of your own boat slip and access to a serene private beach, ideal for leisurely days by the water. The low-maintenance yard backs onto lush greenspace and a tranquil watercourse, enhancing your outdoor experience with privacy and natural beauty. Inside, the residence features raised ceilings that create a spacious atmosphere, along with a cozy gas fireplace, complete with a live edge mantel. The elegant design continues into the grand 5-piece primary bedroom ensuite and stylish granite countertops throughout. Don’t miss this incredible opportunity to own a slice of paradise at North Shore Estates! (id:39198)
Listed By
The listing brokerage and/or agent is Pemberton Holmes Ltd. (Dun)
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,981 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$800,000
Total Interest Payments
$493,249
Total Payment (Principal + Interest)
$1,293,249
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.