2393 Eastdowne Road, North Oak Bay Oak Bay
Price
$1,500,000
Bedrooms5 Beds
Bathrooms2 Baths
Size3506 sqft
Year Built1910
Property TypeDetached Home
Property Taxes$6,343.15
Description
Located in the heart of Oak Bay’s coveted Estevan neighbourhood,this versatile property offers a rare blend of immediate livability and future potential.Set on a 7,000+ sq.ft. R5 Zoned lot,the home features a well-appointed 3-bedroom main residence plus a bright and spacious 2-bedroom suite—ideal for multi-generational living,rental income, or holding coverage. With incredible development potential, this is a prime R5 Zoned investment or holding opportunity in one of Victoria’s most desirable neighbourhoods. Whether you envision building new townhomes under the new SSMUH initiative, expanding the current residence, or simply moving into a turn-key home in a world-class location, the options are endless. Location offers a walkable lifestyle just minutes from Willows Beach, Oak Bay Avenue, and top-ranked schools including Willows Elementary and Oak Bay High. This is a chance to own property in an area where demand consistently outpaces supply—secure your future in Estevan today. (id:39198)
Listed By
The listing brokerage and/or agent is RE/MAX Camosun
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
$5,918 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,200,000
Total Interest Payments
$739,874
Total Payment (Principal + Interest)
$1,939,874
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
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.