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Patrick OGorman

REALTOR®/Broker

  • Office 778-265-5552
  • Cell 250-891-5180
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5101 Jagtar's Way, Victoria, British Columbia – $3,995,000

  • 4 Beds
  • 5 Baths
  • 4,700 Sqft
  • 10.09 Acres
  • 4 Beds
  • 5 Baths
  • 4,700 Sqft
  • 10.09 Acres

5101 Jagtar's Way

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 BCs 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. (id:6289)

Essential Information

  • Listing #413563
  • Price$3,995,000
  • Bedrooms4
  • Bathrooms5.00
  • Square Footage4,700
  • Acres10.09
  • Year Built2018
  • TypeSingle Family
  • Sub-TypeFreehold

Community Information

  • Address5101 Jagtar's Way
  • SubdivisionProspect Lake
  • CityVictoria
  • ProvinceBritish Columbia
  • Postal CodeV9E2H7

Amenities

  • AmenitiesGuest Suite
  • FeaturesLevel lot, Treed
  • Parking Spaces5
  • ParkingGarage
  • # of Garages2

Interior

  • FireplaceYes
  • # of Fireplaces1

Listing Details

Office

Sotheby's International Realty Canada

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Sotheby's International Realty Canada.