1539 Monterey Avenue, North Oak Bay Oak Bay
Price
$1,200,000
Bedrooms3 Beds
Bathrooms2 Baths
Size3009 sqft
Year Built1911
Property TypeDetached Home
Property Taxes$6,599
Description
A rare and exciting opportunity to acquire a property in the heart of North Oak Bay, one of Victoria’s most desirable and established neighborhoods. Situated on a 6,000 sf lot with a neighboring separately titled 8x120 strip of property included. Centrally located just steps from beautiful Oak Bay Village, you'll enjoy easy access to charming shops, cafes, restaurants, and essential amenities, all within walking distance. This is a quiet, tree-lined residential area that perfectly blends community charm with urban convenience. The property is priced primarily for land value and is listed well below the BC Assessment, making it an outstanding investment opportunity. Ideal for builders, developers, or savvy buyers looking to built their dream home in an unbeatable location. Opportunities like this don’t come often — explore the possibilities today. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Island Properties
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$4,861 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$960,000
Total Interest Payments
$591,899
Total Payment (Principal + Interest)
$1,551,899
Cashflow Calculator
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Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.