3159 Alder Street, Mayfair Victoria
Price
$989,990
Bedrooms2 Beds
Bathrooms2 Baths
Size1597 sqft
Year Built1959
Property TypeDetached Home
Property Taxes$3,881
Description
Charming and well-maintained, this 3-bedroom, 2-bathroom home in Victoria’s desirable Mayfair area offers the perfect blend of 1950s character and modern updates—plus a bright, spacious income suite! Located on a large, sunny lot, this home features beautifully refinished oak floors throughout the upper level, a tastefully updated kitchen with stainless steel appliances, and a sleek, contemporary bathroom. Downstairs, the lower level includes a shared laundry area and a bright, modern suite with vinyl plank flooring—ideal for generating rental income or accommodating extended family. The suite has its own entrance and offers a comfortable, open-concept living space. Enjoy outdoor living in the sunny backyard with a spacious deck that gets light all day—perfect for entertaining or relaxing. There's plenty of storage under the deck, in the utility room, and in the backyard shed. A long driveway on the side of the home provides parking for two vehicles plus room for an RV or boat. This home is move-in ready, full of charm, and offers flexibility for homeowners and investors alike. Don’t miss this gem in a central, convenient neighborhood! (id:39198)
Listed By
The listing brokerage and/or agent is Royal LePage Coast Capital - Oak Bay
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
$3,880 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$791,992
Total Interest Payments
$488,312
Total Payment (Principal + Interest)
$1,280,304
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.