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1728 Foul Bay Road, Jubilee Victoria

Price

$998,900

Bedrooms2 Beds

Bathrooms2 Baths

Size1574 sqft

Year Built1950

Property TypeDetached Home

Property Taxes$4,685

Description

A great opportunity for your investment buyer or your buyer wanting a mortgage helper. At the Jubilee/Oak Bay/Fairfield border. The lower 1-bd suite now has a tenancy agreement for $1,350 a month and the tenant is leaving Jan 1st. Vacant home as of Jan 1st 2025! The home has been thoughtfully updated with 200 amp, heat pump, and recent renovations to the upper suite. The large west-facing fenced backyard is a huge bonus, and the location is ideal, on the Jubilee side of Oak Bay Ave. with lower taxes than Oak Bay. There are no legal notations, charges, liens, or bylaw contraventions on title - clean title! straightforward property that will make financing much easier for the right buyer. This could be a strong, low-stress investment for your buyer with excellent rental flexibility. Walk score 91, bike score 86! The location is near unbeatable—just steps to shops, transit, schools, Oak Bay Rec Centre, Royal Jubilee Hospital, and Oak Bay Village, plus an easy commute to downtown, Camosun College, and UVIC. Note: Currently upstairs suite also includes storage/Flex room on lower level. MOTIVATED SELLER! (id:39198)

Listed By

The listing brokerage and/or agent is Royal LePage Coast Capital - Oak Bay

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

$3,979 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$799,120

Total Interest Payments

$492,707

Total Payment (Principal + Interest)

$1,291,827

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