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5151 Del Monte Avenue Unit Lot 1, Cordova Bay Saanich

Price

$1,399,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeDetached Home

Property Taxes$4,232.82

Unit NumberLot 1

Description

Situated in coveted Cordova Bay. This rare bright corner lot offers a tremendous opportunity to build your dream home in one of Victoria’s most sought-after neighbourhoods. This flat, cleared lot offers over 10,000 sq ft of space with wide frontage and exceptional potential. Located on a quiet street, this property combines privacy with convenience. Enjoy being just minutes from the ocean, Elk Lake, top-rated schools, parks, and trails. This is a blank canvas in an unbeatable location. Possible option to build a duplex or potentially up to four units! Buyer to verify. (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$5,379 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,119,200

Total Interest Payments

$690,055

Total Payment (Principal + Interest)

$1,809,255

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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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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home