645 Transit Road, South Oak Bay Oak Bay
Price
$1,725,000
Bedrooms3 Beds
Bathrooms2 Baths
Size2196 sqft
Year Built1956
Property TypeDetached Home
Property Taxes$8,843.78
Description
Welcome to 645 Transit Road, a charming 1950s bungalow in the heart of South Oak Bay. Situated on a rare, oversized lot that is fully usable, this property offers level lawn space with no steep slopes or rocky outcrops, making every inch of the yard functional and inviting. Warm and welcoming, the main level features classic character with hardwood floors, picture windows, and a spacious living room anchored by an exposed brick fireplace. The bright kitchen flows into a dining area and breakfast nook. While the kitchen is original, this presents the perfect opportunity for a buyer to create their dream design. Ample space exists to reimagine the layout with a long countertop, built in bench seating, a rectangular dining table, and even room for an island to achieve a modern, open feel. Three bedrooms and a full bath complete the main floor. Downstairs, a self-contained 1 bedroom suite with separate entrance offers excellent flexibility, ideal for extended family or rental income, alongside 870 plus sq ft of unfinished space for storage, hobbies, or future expansion. Outdoors, the private, mature backyard is peaceful and spacious, with a lush lawn, patio, and multiple sitting areas to enjoy the seasons. A detached garage and workshop add further utility. Just steps from McNeill Bay, Windsor Park, and Oak Bay Village, this is a rare opportunity to secure a large, usable lot with character and potential in one of Victoria’s most desirable neighbourhoods. (id:39198)
Listed By
The listing brokerage and/or agent is The Agency
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
$6,934 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,380,000
Total Interest Payments
$850,855
Total Payment (Principal + Interest)
$2,230,855
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.