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862 Somenos Street, Fairfield East Victoria

Price

$2,999,900

Bedrooms6 Beds

Bathrooms5 Baths

Size3591 sqft

Year Built2022

Property TypeDetached Home

Property Taxes$11,387.05

Description

Seldom does a modern masterpiece of this caliber come available—luxury meets versatility in the most thoughtful design. Proudly recognized as multiple award winner at the 2025 CARE awards, built by Upward Elements Contracting. Bathed in south-facing natural light, every inch of this home has been meticulously crafted, with flush baseboards and minimalist design that let the custom finishings take center stage. Tucked away on a quiet cul-de-sac in Fairfield East, right on the border of South Oak Bay, this home offers the best of both worlds—peaceful privacy and walkability to Oak Bay Avenue, Gonzales Beach, and the stunning waterfront. But what truly sets this property apart is the detached laneway home—an incredible opportunity for rental income with potential monthly earnings of $3,200. Whether you use it as a high-performing rental, guest suite, or studio, this space adds tremendous value. As stunning as the photos are, a private tour is even better. Don’t miss your chance to own something truly special. WILL ACCEPT BITCOIN. (id:39198)

Listed By

The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate

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

$11,726 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$2,399,920

Total Interest Payments

$1,479,697

Total Payment (Principal + Interest)

$3,879,617

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.

Locations We Serve

Cowichan Valley

Cowichan Valley

Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture

Westshore

Westshore

The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.

Victoria

Victoria

As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.

Oak Bay

Oak Bay

Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.

Saanich

Saanich

The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

We can help you find your dream home