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Royal LePage
Royal LePage
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$485,900

607-2770 Winster Rd, Langford, BC, V9B 7C7

QuickQuoteTM: Not Available
MLS® # 984240

1 Beds

1 Bath

725 FEETSQ sqft

MULTIMEDIA

Open House

  • Wed Apr. 30 12:30 PM - 4:30 PM
  • Thu May. 01 12:30 PM - 4:30 PM
  • Sat May. 03 12:00 PM - 4:00 PM
  • Wed May. 07 12:30 PM - 4:30 PM
  • Thu May. 08 12:30 PM - 4:30 PM
  • Sat May. 10 12:00 PM - 4:00 PM
  • Wed May. 14 12:30 PM - 4:30 PM
  • Thu May. 15 12:30 PM - 4:30 PM
  • Sat May. 17 12:00 PM - 4:00 PM

Property Information:

MOVE IN READY! 5% deposit! A northeast-facing unit that enjoys amazing sunrises and overlooks a peaceful residential neighbourhood. Award winning builder, Viking Properties presents Winster Court, a 68 unit residence with 17 spacious floorplans. Inclds Heat/cooling pump, EV-ready parking stalls, Samsung Elite SS appliances, wide plank luxury vinyl floors, tile backsplash, quartz countertops & spacious decks to give each residence a welcoming, contemporary feel. Ply-Gem, x-large windows provide plenty of natural light! Lifestyle conveniences such as a courtyard, pet areas, rooftop solar panels, & bike storage. Winster Court boasts PREMIUM soundproofing! Pet Friendly (2 dogs or 2 cats),in the Heart of Langford w/ WALKSCORE of 92. The Westshore’s best shops, dining, parks, recreation & best biking trails including the E&N trail system right outside your front door. SALES CENTER OPEN AT 715 GOLDSTREAM, WED-THURS 12:30-4:30PM, SATURDAY 12-4PM MEET AT 2770 WINSTER RD.

Property Features:

  • Bedrooms: 1
  • Bathrooms: 1
  • Annual Tax Amount: $1
  • Accessibility Features: Ground Level Main Floor
  • Appliances: Dishwasher, F/S/W/D, Microwave
  • Association Amenities: Bike Storage, Common Area, Elevator(s), Secured Entry, Security System, Storage Unit
  • Association Fee Includes: Trash, Maintenance Grounds, Property Management, Recycling, Sewer, Water
  • Basement: None
  • Building Features: Bike Storage, Fire Alarm, Fire Sprinklers, Security System, Transit Nearby
  • Built in: 2024
  • Condo Fees: $240 Monthly
  • Construction Materials: Cement Fibre, Frame Wood, Glass, Wood
  • Cooling: Other
  • Exterior Features: Balcony/Deck, Fencing: Partial, Garden, Security System, Sprinkler System
  • Floor Space (approx): 725 Square Feet
  • Flooring: Vinyl
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric, Heat Pump
  • Interior Features: Dining/Living Combo
  • Laundry Features: In Unit
  • Lot Frontage: 725 Square Feet
  • Lot Size: 725.00 Square Feet
  • Ownership: Freehold/Strata
  • Parking Features: Underground
  • Pets Allowed: Aquariums, Cats OK, Dogs OK
  • Property Condition: New Construction
  • Property Sub Type: Condo Apartment
  • Roof: Asphalt Torch On, Other
  • View: City, Mountain(s)
  • Water Source: Municipal
  • Window Features: Screens, Vinyl Frames, Window Coverings
  • Zoning Description: Multi-Family
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 1

Rooms:

  • Bathroom Main Level 2.72 m x 1.52 m
  • Kitchen Main Level 3.33 m x 3.48 m
  • Living Main Level 3.81 m x 4.24 m
  • Dining Main Level 3.00 m x 2.29 m
  • Bedroom Main Level 3.20 m x 3.20 m
  • Other Main Level 4.29 m x 1.83 m

Convert Measurement to:


MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Potential Investment Performance

Cumulative ROI

152.6%

Cumulative Market Appreciation

$134,245

Net Operating Income in Year 5

$35,737

Cash on Cash Return in Year 5

8.1%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$97,180
Mortgage Amount $388,720
Mortgage Payment
%
$2,016

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $3,247
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Condo/Strata Fees
$
Total Operating Expenses $625
Net Operating Income $2,622
Debt Service
Mortgage Payment $2,016
Net Cash Flow $605

Cap Rate

6.48%

Acquistion Costs

Down Payment $97,180
Land Transfer Tax $7,718
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $106,898

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $97,180 - - - - - - - - -
Closing Costs $9,718 - - - - - - - - -
Mortgage Paydown $6,048$6,338$6,643$6,962$7,297$7,648$8,015$8,400$8,804$9,227
Total $112,946$6,338$6,643$6,962$7,297$7,648$8,015$8,400$8,804$9,227
Cash Invested $112,946$119,284$125,928$132,890$140,188$147,836$155,852$164,253$173,057$182,285
Rental Cash Flows
Rent and other income $38,971$40,140$41,345$42,585$43,863$45,178$46,534$47,930$49,368$50,849
Operating Expenses -$7,506-$7,696-$7,891-$8,092-$8,298-$8,509-$8,726-$8,948-$9,177-$9,411
Mortgage Payment -$24,202-$24,202-$24,202-$24,202-$24,202-$24,202-$24,202-$24,202-$24,202-$24,202
Net Cash Flow $7,262$8,241$9,250$10,290$11,361$12,466$13,605$14,778$15,988$17,234
Returns
Property Price Appreciation $24,295$25,509$26,785$28,124$29,530$31,007$32,557$34,185$35,894$37,689
Mortgage Paydown $6,048$6,338$6,643$6,962$7,297$7,648$8,015$8,400$8,804$9,227
Net Cash Flow $7,262$8,241$9,250$10,290$11,361$12,466$13,605$14,778$15,988$17,234
Total Return $37,605$40,089$42,678$45,377$48,190$51,122$54,178$57,365$60,687$64,152
Cumulative Return $37,605$77,695$120,374$165,751$213,941$265,063$319,242$376,607$437,295$501,448
Investment Metrics
Cumulative ROI 33.3% 65.1% 95.6% 124.7% 152.6% 179.3% 204.8% 229.3% 252.7% 275.1%
Cash On Cash 6.4% 6.9% 7.3% 7.7% 8.1% 8.4% 8.7% 9.0% 9.2% 9.5%
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Market Price Trends

Townhouse

0.92%

Price change (1 year)

39.76%

Price change (5 years)

All Properties

5.95%

Price change (1 year)

48.49%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 607-2770 Winster Rd, Langford, BC, V9B 7C7

Demographic Information of 607-2770 Winster Rd, Langford, BC, V9B 7C7

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$103,946.94

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.11 %

High school certificate or equivalent

33.63 %

Apprenticeship trade certificate/diploma

8.84 %

College/non-university certificate

20.31 %

University certificate (below bachelor)

1.69 %

University Degree

20.42 %

Commuter

Travel To Work

By Car

79.24 %

By Public Transit

4.93 %

By Walking

9.75 %

By Bicycle

2.51 %

By Other Methods

3.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.55 %

Houses

50.45 %

Own Vs. Rent

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