Estimated Cash Flow
$364.00/ month
Asking Price
$345,900.00
Potential Rent
$2,400.00/ month
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YP991171 Victoria
Spirit Bay, BC.

THE PROJECT: Adorable cottages in the prestine Spirit Bay development. "The Hamlet" is a micro-community within Spirit Bay made up of eight lots on which cottages will be built - less than a 2 minute walk to the ocean, and directly next to the planned town center.

WHY PRE-CONSTRUCTION?: The project scope for the foreseeable future is 1500 homes, and this is phase one, AKA: The best rates you're going to see. The town center isn't built yet, the resort and spa has yet to be built - this is the very beginning. Prices are already going up as more lots sell and begin construction.

WHY SPIRIT BAY?: Spirit Bay is a stunning seaside community located only 15-minutes from the core of Langford - which has been the fastest frowing municipality in BC several years in a row. Langford is also home to attractions such as a PGA golf resort (Bear Mountain), Mountain Bike Canada, Rugby Canada, Tennis Canada and Goldstream provincial park.

YOUR OWN HOLIDAY HOME?: If you're an investor who also wants a holiday home, use this as your personal vacation rental. You can maximize cashflow through short-term rental and book it for your own holidays (and write it off as a business trip!?).

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