Price
$2,000,000
Bedrooms3 Beds
Bathrooms3 Baths
Size4773 sqft
Year Built1922
Property TypeDetached Home
Property Taxes$12,820.98
Welcome developers, builders, and families to this one-of-a-kindproperty in South Oak Bay. 52 Sylvan Lane has been enjoyed by the current owner for over 40 years and is located on a charming quiet side street and offers endless opportunities. The home situated beautifully above the street on .59 acres is surrounded in mature gardens and landscaping while perched perfectly to take in loads of natural light. As an added bonus the property can be purchased on its own or in conjunction with Lot One Sylvan Lane directly beside the home which would give a land total of just slightly under an acre. The 1912 home itself boasts over 4000 ft.2 and has an ideal floor plan with three generous sized rooms on the main floor along with a massive family room, dining room and charming sunroom. Bring your ideas with lots of space to work with, this home was built in anera that didn’t compromise on size with wider than normal hallways, large windows, ample ceiling heights and very good bones. Upstairs has been converted into another bedroom with study area which could make a really great space for a primary or guest retreat. Downstairs is also spacious and offers more living area with another bedroom and full bath. There is also plenty of storage room on this level, and again, endless opportunities. With a location you can’t beat this home offers close proximity to Gonzales Beach, Parks, Schools and so much more. In a prestigious neighbourhood and part of Oak Bays history 52 Sylvan Lane is a rare find and awaits its new owners to enjoy for years to come. Call today for your private tour of this exquisite opportunity. (id:39198)
The listing brokerage and/or agent is RE/MAX Generation - The Neal Estate Group
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.
$8,254 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,600,000
Total Interest Payments
$986,498
Total Payment (Principal + Interest)
$2,586,498
$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.