Price
$1,200,000
Bedrooms4 Beds
Bathrooms6 Baths
SizeNot listed
Year BuiltNot listed
Property TypeDetached Home
Property Taxes$6,830.36
** OPEN HOUSE THIS SATURDAY FEBRUARY 8th FROM 1pm-4pm** Discover the potential of owning a larger home with the added benefit of rental income! This remarkable legal 2-unit home in Bowmanville not only offers ample space for your family but also provides a steady income stream, making it easier to afford your dream home. Welcome to this magnificent executive home, only 4 years old and still under Tarion warranty, ensuring peace of mind for years to come. The main living area features 4 spacious bedrooms and 4 luxurious bathrooms, each upstairs bedroom enjoying the privacy and convenience of an ensuite or semi ensuite bathroom. This exquisite property boasts a legal basement apartment with a walk out to the backyard, that is not under rent control and includes 2 additional bedrooms and 2 bathrooms, with the primary bedroom having a 2-piece ensuite. Step outside to beautifully landscaped yard with stone stairs leading to a serene backyard that backs onto conservation land, offering ultimate privacy. Inside, the new hardwood floors on the main level add warmth and elegance, complemented by a large eat-in kitchen and a separate dining room for formal gatherings. The main floor also includes a convenient laundry room with garage access, a two-car garage, and a main floor office, perfect for working from home. Enjoy outdoor entertaining with a gas hook-up for your BBQ on the back deck, ideal for family gatherings and summer parties. Located in a family-friendly neighborhood, this home offers everything you need for comfortable and luxurious living. Don't miss the opportunity to make this dream home yours! Current AAA+ tenant has been renting the basement since 2021 and would prefer to stay. **** EXTRAS **** Water Pressure Booster added in 2021 to ensure good pressure throughout the home, even when more than 1 faucet is running at a time. Neighborhood average PSI is 39, With the Booster this home gets 65PSI! (id:39198)
The listing brokerage and/or agent is RE/MAX JAZZ INC.
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.
$4,881 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$960,000
Total Interest Payments
$591,899
Total Payment (Principal + Interest)
$1,551,899
$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.