$ 474.900

166 Lakefair Dr, Salt Spring

35 Photos

Bedroom - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 2

Ensuite - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 3

Bathroom - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 4

Family room - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 5

Living room - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 6

Bedroom - 166 Lakefair Dr, Salt Spring, BC V8K1K6 Photo 7

Bedrooms: 2
Bathrooms: 3
Living area: 4554 square feet

MLS®: 961105
Type: Residential
Added: 12 days ago

Property Details

Exceptional opportunity! Secure a 1/2 UNDIVIDED INTEREST in this 10-acre property, featuring a 2200+ sqft main residence (where the other owner resides) and a spacious 1700+ sq ft Quonset building. Complete with a 4-stall barn, riding ring, and 3-bay carport, this investment is truly one-of-a-kind. Generating a steady income stream of $1000/month from RV tenants who are eager to stay, this property offers immediate returns. Additionally, the 2-acre meadow yields ample hay for animals or can be utilized as an additional income source. Inquire for more information and to book your private viewing. (id:1945)

Best Mortgage Rates

Property Information

View: Lake view
Zoning: Rural residential
Cooling: None
Heating: Baseboard heaters, Electric
Year Built: 1974
Living Area: 4554
Lot Features: Acreage, Private setting, Southern exposure, Wooded area, Other
Photos Count: 35
Lot Size Units: acres
Parcel Number: 002-962-845
Parking Total: 10
Bedrooms Total: 2
Structure Type: House
Common Interest: Timeshare/Fractional
Fireplaces Total: 1
Tax Annual Amount: 4276
Community Features: Family Oriented, Pets Allowed With Restrictions
Lot Size Dimensions: 10
Zoning Description: RW1
Waterfront Features: Waterfront on lake
Above Grade Finished Area: 2277
Above Grade Finished Area Units: square feet

Room Dimensions

Type	Level	Dimensions
Bathroom	Second level	11'6 x 4'2
Bedroom	Second level	27'2 x 16'9
Ensuite	Main level	9'2 x 15'10
Bathroom	Main level	8'5 x 6'8
Family room	Main level	27'2 x 34'3
Living room	Main level	34'2
Bedroom	Main level	12'9 x 2'2
Kitchen	Main level	8'9

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Nearby Places

Name	Type	Address	Distance
Vesuvius, British Columbia	It is the eastern terminus of a ferry which connec...		1.1 km
CFSI-FM	Broadcasting on 107.9 FM, it is the first radio st...		3.9 km
Fernwood Road Cafe	Cafe	325 Fernwood Rd	4.0 km
Ganges, British Columbia	Ganges, British Columbia is an unincorporated comm...		4.3 km
Gulf Islands Secondary School	It is located on Salt Spring Island and is attende...		4.3 km
Calvin's Bistro	Restaurant	133 Lower Ganges Rd	4.9 km
Ganges Water Aerodrome	Airport	Ganges Harbor	5.0 km
Ganges Water Aerodrome	Ganges Water Aerodrome, (IATA: YGG, TC LID: CAX6),...		5.2 km
Quarrystone House Bed and Breakfast	Food	1340 Sunset Dr	5.7 km
Saltspring Island	The island was initially inhabited by various Sali...		6.5 km
Maple Mountain (British Columbia)	The mountain is located on the northern side of Ma...		6.7 km
Wallace Island Marine Provincial Park	Park	Galiano Island	6.8 km

Similar Houses Stat in Salt Spring

We have found 6 Houses that closely match the specifications of the property located at 166 Lakefair Dr with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 499,000 and 659,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V8K1K6 postal code area of Salt Spring British Columbia Canada.

166 Lakefair Dr mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 166 Lakefair Dr. The current price of the property is $474,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $379,920. This would result in a monthly mortgage payment of $2,221 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	30
Bachelor's degree	135
University / Above bachelor level	20
University / Below bachelor level	25
Certificate of Qualification	35
College	125
Degree in medicine	10
University degree at bachelor level or above	205

Neighbourhood Marital Status Stat

Married	470
Widowed	45
Divorced	80
Separated	35
Never married	195
Living common law	135
Married or living common law	605
Not married and not living common law	350

Neighbourhood Construction Date

1961 to 1980	100
1981 to 1990	80
1991 to 2000	125
2001 to 2005	35
2006 to 2010	65
1960 or before	35

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Lake Cowichan	60	$1.024.013
Saanich	299	$1.537.463
Langford	391	$991.113
Esquimalt	65	$1.027.859

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