824 Monterey Avenue, South Oak Bay Oak Bay
Price
$1,225,000
Bedrooms3 Beds
Bathrooms2 Baths
Size2106 sqft
Year Built1957
Property TypeDetached Home
Property Taxes$6,775.02
Description
Priced - $220K Below BC Assessment this Home offers huge value for those who are prepared to finish the renovation. Centrally located in the highly desirable neighbourhood of South Oak Bay, this 1957 House rests on a large / level 7,847 square foot lot with West Facing Backyard. Recent Updates include Paint inside / out, Roof, Updated Electrical with 200 Amp Service, Newer Windows, High Efficiency Furnace and Engineered Hard Wood Floors up and down. There is still some work required: Needs Kitchen and Basement is semi-completed but the major work has been done well. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Generation
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
$4,966 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$980,000
Total Interest Payments
$604,230
Total Payment (Principal + Interest)
$1,584,230
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
Comber Friesen Group
Realtors
Related Properties
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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.