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  5. Newport

821 Newport Avenue, South Oak Bay Oak Bay

Price

$1,495,000

Bedrooms2 Beds

Bathrooms2 Baths

Size2383 sqft

Year Built1935

Property TypeDetached Home

Property Taxes$7,186.63

Description

Located in one of South Oak Bay’s most sought-after settings, this timeless residence backs directly onto the prestigious Victoria Golf Club and is just steps from the Oak Bay Marina and the Oak Bay Beach Hotel. Originally built in 1935, the home has been lovingly held by the same family for over 48 years, now presenting a rare opportunity to secure a prime piece of real estate in this exceptional neighbourhood. While the home shows signs of deferred maintenance, it offers tremendous potential for restoration, renovation, or reimagining. The property spans a 50' x 110' lot with an east-facing rear garden, providing a peaceful and private outdoor space. This is a unique opportunity to invest in an iconic South Oak Bay location. Easy to show. Visit Marc’s website for more photos and floor plan or email marc@owen-flood.com (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


The Property Location

Mortgage Calculator

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Total Monthly Payment

$5,970 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,196,000

Total Interest Payments

$737,407

Total Payment (Principal + Interest)

$1,933,407


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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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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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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