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611 Island Road, South Oak Bay Oak Bay

Price

$3,195,000

Bedrooms3 Beds

Bathrooms3 Baths

Size4867 sqft

Year Built1988

Property TypeCondo/Townhouse

Property Taxes$10,773.14

Maintenance Fees$84/month

Description

Located in the coveted South Oak Bay community, this grand residence offers nearly 4,800 square feet of elegant living space on three levels, set on a beautifully landscaped and private 0.33-acre lot. A striking foyer with an 18-foot ceiling sets the tone and leads to an oversized kitchen and dining area with soaring 14-foot ceilings, perfect for gatherings. The impressive 30x17-foot formal living room, designed for entertaining, features a stately fireplace, one of three throughout the home. Upstairs, there are three spacious bedrooms along with a bonus room that has its own separate exterior entrance above the double garage. This space is ideal for guests, a studio, or a home office. The home is move-in ready and showcases quality craftsmanship and thoughtful design, while also offering the potential for those who wish to update or personalize the décor to suit their style. The flat east-facing backyard and large south-facing patio off the kitchen provide inviting spaces to enjoy sunny afternoons and quiet evenings. The mature and well-tended landscaping enhances the beauty and privacy of the property. This distinguished home presents an exceptional opportunity to live in one of Victoria’s most desirable neighbourhoods, by Anderson Hill Park and just steps from the Victoria Golf Club. The Oak Bay Marina, scenic Beach Drive, and the charming shops and cafés of Oak Bay Village are also close at hand. (id:39198)

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Property Dimensions


The Property Location

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Total Monthly Payment

$12,460 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,556,000

Total Interest Payments

$1,575,930

Total Payment (Principal + Interest)

$4,131,930


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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


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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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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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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