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  5. Sylvan

52 Sylvan Lane, South Oak Bay Oak Bay

Price

$2,000,000

Bedrooms3 Beds

Bathrooms3 Baths

Size4773 sqft

Year Built1922

Property TypeDetached Home

Property Taxes$12,820.98

Description

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)

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Listed By

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.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$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


Discuss Your Options With Us Today

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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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions