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1440 BEACH Drive Unit 507, South Oak Bay Oak Bay

Price

$1,148,000

Bedrooms3 Beds

Bathrooms2 Baths

Size1685 sqft

Year Built1972

Property TypeCondo/Townhouse

Property Taxes$4,597

Unit Number507

Maintenance Fees$843/month

Description

Impeccably positioned on the top floor of a corner setting in South Oak Bay, this exquisite condo is a sanctuary of elegance and charm. Offering 3 bedrooms, 2 bathrooms, 1,494sf and unrivaled Southwest views of the majestic Olympic Mountains, Windsor Park, Beach Drive, Nt Baker and Oak Bay Marina, this residence is a true gem. As you step through the generous formal double door entry, you are greeted by spacious rooms and a sense of tranquility. The living space is adorned with updated wood floors, stainless steel appliances, and in-suite laundry. Indulge in the luxury of heat and hot water included in your monthly strata fees, ensuring a worry-free lifestyle. Step out onto the sunny West exposure balcony and immerse yourself in the breathtaking views of the water, Windsor Park, and Olympic Mountains. Recent upgrades to the building guarantee optimal comfort, including an elevator, boiler, landscaping, and deck enhancements. Located on Beach Drive, residents can enjoy leisurely strolls along the ocean walkways and revel in the charming ambiance of Oak Bay Village. This coveted location beckons you to embrace the active West Coast lifestyle and bask in the unparalleled beauty that surrounds you. Experience a harmonious blend of luxury, convenience, and natural beauty in this highly sought-after Oak Bay abode. (id:39198)

Listed By

The listing brokerage and/or agent is Newport Realty 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

$5,351 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$918,400

Total Interest Payments

$566,250

Total Payment (Principal + Interest)

$1,484,650

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