Price
$1,125,000
Bedrooms3 Beds
Bathrooms2 Baths
Size1465 sqft
Year Built1912
Property TypeDetached Home
Property Taxes$5,821.42
Oak Bay bungalow with adjacent garage, and access off both Florence St & back laneway PLUS legal non-conforming 2-bed, 1-bath cottage! Situated in an excellent location, the property is just a short walk to schools, recreation centre, shopping, hospital, parks, bus routes & all other amenities. Zoned R-5, the home offers 2 bedrooms, a 4-piece bathroom, living rm with fireplace, dining area, kitchen and plenty of storage in the basement. Lots of potential with the 50' x 120' lot, providing great opportunity for investors, re-development, buyers looking for an affordable home they can refurbish, first-time home buyers, or those wanting a private, flat lot on which to build their new Oak Bay home. The flat and fully useable yard enjoys a sunny western exposure, with mature trees and hedges, and room for vegetable gardens. This is a great opportunity to get into a fantastic and quiet Oak Bay neighbourhood. Sellers have paid for the sewer upgrade project, slated to be completed by June. (id:39198)
The listing brokerage and/or agent is Sotheby's International Realty Canada
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.
$4,527 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$900,000
Total Interest Payments
$554,905
Total Payment (Principal + Interest)
$1,454,905
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.