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486 Royal Bay Drive Unit 60, Royal Bay Colwood

Price

$849,000

Bedrooms3 Beds

Bathrooms3 Baths

Size2182 sqft

Year Built2004

Property TypeCondo/Townhouse

Property Taxes$3,734

Unit Number60

Maintenance Fees$553/month

Description

Welcome to #60-486 Royal Bay Drive! This spacious 3-bedroom, 2.5-bathroom townhome offers 2,182 sq. ft. of bright, functional living in the sought-after seaside community of Royal Bay. Featuring updated flooring throughout, the main floor boasts a functional layout with a well-appointed kitchen, a generous dining and living area, and a separate family room overlooking the backyard—perfect for everyday living and entertaining. Upstairs features 3 spacious bedrooms, highlighted by a primary suite with ensuite bathroom. A standout feature downstairs is the extra-large flex/media room—ideal as a playroom, home theatre, or additional family space. Enjoy a private, low-maintenance patio/backyard, with a children’s playground just steps away. All this just minutes to excellent schools, parks, beaches, trails, and the new Royal Bay retail village. (id:39198)

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Listed By

The listing brokerage and/or agent is Pemberton Holmes 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

$3,915 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$679,200

Total Interest Payments

$418,769

Total Payment (Principal + Interest)

$1,097,969


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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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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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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