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406 Beach Drive, South Oak Bay Oak Bay

Price

$2,295,000

Bedrooms3 Beds

Bathrooms1 Baths

Size1406 sqft

Year Built1952

Property TypeDetached Home

Property Taxes$9,076.75

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Description

One of the last building sites in South Oak Bay by the sea. Unobstructed forever ocean views over McNeil Bay to the south and west. This level corner property offers over 87 feet of frontage on Beach Drive and over 85 Ft on St. Patrick with a total area of 7,893 Sq. Ft. (id:39198)

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Listed By

The listing brokerage and/or agent is Newport Realty 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


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Mortgage Calculator

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Total Monthly Payment

$9,001 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,836,000

Total Interest Payments

$1,132,006

Total Payment (Principal + Interest)

$2,968,006


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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.

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Cowichan Valley

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

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Engel & Võlkers Vancouver Island

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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