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1040 St. Louis Street, South Oak Bay Oak Bay

Price

$1,675,000

Bedrooms3 Beds

Bathrooms3 Baths

Size3123 sqft

Year Built1927

Property TypeDetached Home

Property Taxes$8,195.96

Description

Charming South Oak Bay Character Home on Prime Corner Lot. Situated on a beautiful 10,000 sq. ft. corner lot in the heart of South Oak Bay, this 3-bedroom, 2,100 sq. ft. home offers timeless appeal with exciting potential. Just a short walk to the ocean, Oak Bay Village, schools, parks, and golf this property is perfectly located in one of Victoria’s most desirable neighbourhoods. Full of original character, the home features formal living and dining rooms, a stately fireplace, large windows, and a classic floorplan. A tranquil setting surrounded by charming English gardens and mature trees and plantings. Some updating is required, making this an excellent opportunity to personalize or modernize while preserving the home’s charm or build new. The expansive, level lot is private and sun-filled with mature landscaping—perfect for gardening, entertaining, or future expansion. A rare opportunity in a prestigious setting. (id:39198)

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Listed By

The listing brokerage and/or agent is Pemberton Holmes Ltd.

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

$6,701 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,340,000

Total Interest Payments

$826,192

Total Payment (Principal + Interest)

$2,166,192


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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

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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.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions