862 Somenos Street, Fairfield East Victoria
Price
$2,999,900
Bedrooms6 Beds
Bathrooms5 Baths
Size3591 sqft
Year Built2022
Property TypeDetached Home
Property Taxes$11,387.05
Description
Seldom does a modern masterpiece of this caliber come available—luxury meets versatility in the most thoughtful design. Proudly recognized as multiple award winner at the 2025 CARE awards, built by Upward Elements Contracting. Bathed in south-facing natural light, every inch of this home has been meticulously crafted, with flush baseboards and minimalist design that let the custom finishings take center stage. Tucked away on a quiet cul-de-sac in Fairfield East, right on the border of South Oak Bay, this home offers the best of both worlds—peaceful privacy and walkability to Oak Bay Avenue, Gonzales Beach, and the stunning waterfront. But what truly sets this property apart is the detached laneway home—an incredible opportunity for rental income with potential monthly earnings of $3,200. Whether you use it as a high-performing rental, guest suite, or studio, this space adds tremendous value. As stunning as the photos are, a private tour is even better. Don’t miss your chance to own something truly special. (id:39198)
Listed By
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
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
$11,726 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,399,920
Total Interest Payments
$1,479,697
Total Payment (Principal + Interest)
$3,879,617
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
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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.
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.