Price
$749,950
Bedrooms2 Beds
Bathrooms3 Baths
Size1577 sqft
Year Built2022
Property TypeCondo/Townhouse
Property Taxes$3,558
Unit Number43
Maintenance Fees$323/month
ATTENTION INVESTORS!!!! Currently tenanted M2M for $3500 per month. Welcome to Unit 43 at ''The Coral'' at Royal Bay. Built in 2022 by PATH (formerly PCRE Group), this 2 Bedroom/3 Bathroom townhome is offered as part of their 83 unit development. Centrally located in Royal Bay and just minutes essential amenities. Entertain you friends in the open concept main floor with a bright and welcoming living/dining room as well as a kitchen equipped with quartz countertops. Make your way upstairs to the top floor where you will find 2 spacious bedrooms - with their very own ensuites!! The ''double length'' single garage give you options to have a workshop in the back or just use it as extra storage. 4 new schools, 10kms of lush trails and 3 dynamic playgrounds along with being steps from the beach, interconnected and walkable streets, bike lanes, sports fields, Transit Exchange - in line with the Master Plan, ROYAL BAY is destined to be the ''Next Big Thing'' for Seaside Living. (id:39198)
The listing brokerage and/or agent is RE/MAX Island Properties
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.
$3,314 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$599,960
Total Interest Payments
$369,912
Total Payment (Principal + Interest)
$969,872
$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.