Price
$1,150,000
Bedrooms2 Beds
Bathrooms2 Baths
Size2031 sqft
Year Built1947
Property TypeDetached Home
Property Taxes$4,699.33
Unlock stellar rental potential with this newly renovated 2-bedroom suite on Foul Bay Road, Oak Bay. Ideal for investors or families, this ready-to-rent and ready to move-in haven features a private entrance on a 6,000 sqft lot. Upstairs, two cozy bedrooms, a spacious sunny living room, dining room, and a balcony overlooking a large private backyard create an inviting vibe. Downstairs, a versatile 2 bedroom suite with a den doubles as an office or study space. Covered parking at the back, accessed via a private laneway is a rare offering! Steps from Oak Bay’s vibrant amenities - cafes, shops, parks—and top schools like Oak Bay High and Glenlyon Norfolk, it’s perfect for families and students. Close to UVic and downtown Victoria, this home promises strong rental appeal in a prime location. Plenty of recent updates complete this fantastic home. Snap up this investment gem! (id:39198)
The listing brokerage and/or agent is Real Broker B.C. Ltd.
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.
$4,523 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$920,000
Total Interest Payments
$567,237
Total Payment (Principal + Interest)
$1,487,237
$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.