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  5. Monterey

650 Monterey Avenue, South Oak Bay Oak Bay

Price

$2,858,000

Bedrooms3 Beds

Bathrooms5 Baths

Size3528 sqft

Year Built2024

Property TypeDetached Home

Property Taxes$6,425.82

Description

In the heart of South Oak Bay, this newly built 3,528 sq.ft. residence offers contemporary elegance on a landscaped 6,215 sq.ft. lot. Soaring windows, clean architectural lines, and seamless indoor-outdoor flow define this home’s design.The main floor centers around a stunning kitchen with marble surfaces, a large island, walk-in pantry, and custom wine display. Open dining and living areas with gas fireplace create an inviting atmosphere, complemented by a private office, laundry, and powder room. Direct access to a double garage and paved drive adds convenience.Upstairs, the primary suite features a spa-inspired 5-piece ensuite and walk-in closet, joined by two additional bedrooms, one with its own walk-in. The lower level provides a media room, family lounge, two bedrooms, two full baths, and ample storage.A fenced backyard with patio and manicured front garden offer tranquil outdoor living. Steps to excellent schools, shops, and Oak Bay Village, this home delivers modern luxury. (id:39198)

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Listed By

The listing brokerage and/or agent is eXp Realty

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

$10,803 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,286,400

Total Interest Payments

$1,409,705

Total Payment (Principal + Interest)

$3,696,105


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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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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