2561 Forbes Street, Fernwood Victoria
Price
$799,900
Bedrooms2 Beds
Bathrooms2 Baths
Size1340 sqft
Year Built1941
Property TypeDetached Home
Property Taxes$4,184.07
Description
Prime Fernwood/Oaklands border! 5500 sqft level lot located on a quiet street just steps from Haultain village and easy access to schools, shops and transit (walk score of 85!). The property is nestled amongst mature trees, providing a tranquil setting. Flexible R1-B zoning in a popular location ripe to take advantage of the provincial SSMUH or 'Missing Middle' housing opportunities. Although priced for land value, there is a character home with a flexible in-law secondary suite in place which offers potential to create your own vision or a great holding property while you design your dream home or development project. An easy commute to UVIC and in a desirable school catchment: Oaklands, Landsdowne and Oak Bay High! This IS a great drive-by! A rare opportunity to get into this neighbourhood at an accessible price point. (id:39198)
Listed By
The listing brokerage and/or agent is Macdonald Realty Victoria
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Property Dimensions
The Property Location
Mortgage Calculator
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Total Monthly Payment
$3,223 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$639,920
Total Interest Payments
$394,550
Total Payment (Principal + Interest)
$1,034,470
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
Comber Friesen Group
Realtors
Related Properties
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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.