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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)

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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


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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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.

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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