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69 Gorge Road Unit 506, Cedar shores Saanich

Price

$425,000

Bedrooms2 Beds

Bathrooms2 Baths

Size987 sqft

Year Built1981

Property TypeCondo/Townhouse

Property Taxes$2,004.96

Unit Number506

Maintenance Fees$699/month

Description

Discover easy waterfront living at Cedar Shores—one of Victoria’s most sought-after condo communities along the Gorge Waterway. This bright and beautifully updated top-floor, southeast-facing 2 bedroom, 2 bathroom home offers a spacious single-level layout designed for modern comfort. Bathed in gentle morning sun, the open dining and living area feels warm and inviting, with plenty of room for entertaining and access to a large private balcony overlooking beautiful mature trees with glimpses of the water beyond. The updated kitchen features oversized cabinetry, ample counter space, and stainless steel appliances. The generous primary bedroom easily accommodates a king-size bed and includes a walk-in closet with direct access to the full bathroom. A well-sized second bedroom, bonus powder room, and in-suite laundry complete this lovely home. Additional features include newer vinyl windows, upgraded Hunter Douglas blinds, and a potential wood-burning fireplace. Cedar Shores offers an impressive list of amenities: an indoor pool, whirlpool, sauna, outdoor tennis court, recreation room, and storage for bikes and kayaks. This well-run strata provides peace of mind with a strong contingency fund, recent balcony upgrades, and hot water included in the fees. Ideally located steps to transit and moments to downtown, shopping, parks, and waterfront walking trails. (id:39198)

Listed By

The listing brokerage and/or agent is RE/MAX Camosun

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

$2,393 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$340,000

Total Interest Payments

$209,631

Total Payment (Principal + Interest)

$549,631

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

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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

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home