5101 Jagtar's Way, Victoria, BC V9E 2H7

$3,995,000
4
BD
5
BA
4,700
SqFt
List Price
$3,995,000
Status
CURRENT
MLS® #
413563
Property Type
Single Family Residential
Year Built
2018
Title
Freehold
Style
Contemporary
Bedrooms
4
Total baths
5
Living Area
4,700
Acres
10.09
Lot Size
439,520
District
Saanich West
Neighbourhood
Sw Prospect Lake

Property Description

Can be purchased alone or together with MLS#413832. Sited on 10 acres, this newly completed, exceptionally private, warrantied home is backed by forest and Prospect Lake Park. Excellent pasture land is tenanted by a local farmer encouraging enjoyment of a large parcel of land without the associated upkeep. Farm status not only brings this property below the luxury tax bracket; it exempts it from most of BC’s new property transfer taxes (PTT). Portions of the property have been dedicated to remain in a natural forested state and have been so noted on the property title. Under BC assessment laws, the value of these lands is exempted from PTT and those areas also qualify for ongoing reductions to residential property taxes. Enjoy all the benefits and quiet of country living with someone else doing the farming while saving tens of thousands in government and property taxes. Farm status also allows for construction of additional buildings; versatility of this nature is rare.

Additional Information

Layout
Main Level Entry with Upper Level(s)
Lot Features
Level, Serviced, Treed
Heating
Floor Radnt
Roof
Asphalt/Rolled
Exterior Features
Balcony/Deck, Guest Accommodations, Patio, Private Prop, Sprinkler Underground
Interior Features
Bar, Ceil Vaulted, Closet Organizer, Controlled Entry, Dining Area, Dining-Living Combo, Eating Space, Flrs/Wood, Screens, Soaker Tub, Wine Storage
Parking Type
Driveway, Garage Double, Garage Triple, Visitors
Kitchens
2
Laundry Feature
In-House, In-Suite(s)
Fireplace Description
Living Rm, Natural Gas
Rentals Allowed
No Rentals
Pets Allowed
Cats, Dogs

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Sotheby's International Realty Canada

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