Price
$1,590,000
Bedrooms4 Beds
Bathrooms1 Baths
Size2257 sqft
Year Built1931
Property TypeDetached Home
Property Taxes$8,398.6
Beautiful and rare .23 ACRE property on one of South Oak Bay's nicest streets! Offered for sale for the first time in nearly 75 years, the lot features a sunny, private, WEST-FACING back yard, and is just steps from the ocean. The original 1931 character home is solidly built, with 4 bedrms, 1 bath & bamt, and original hardwood floors and windows. While the house would be a great rental or renovation project, the value here is primarily in the lot itself, which is larger than most of the neighbouring properties. New homes in the area have recently sold in the mid to high $3m range, and are always sought-after! South Oak Bay offers easy access to top schools, beaches, parks, and lots of options for recreation, including the Victoria Golf Club and Oak Bay Marina. Wonderful amenities incl. pubs, cafe's, restaurants & boutique shops are available in & around Oak Bay Village. This property offers a special opportunity not to be missed, in a beautiful, safe, upscale, seaside community! (id:39198)
The listing brokerage and/or agent is Sotheby's International Realty Canada
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.
$6,412 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,272,000
Total Interest Payments
$784,266
Total Payment (Principal + Interest)
$2,056,266
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.