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2655 Shady Lane, North Oak Bay Oak Bay

Price

$3,850,000

Bedrooms4 Beds

Bathrooms5 Baths

Size5185 sqft

Year Built1921

Property TypeDetached Home

Property Taxes$14,259.18

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Description

Discerning Character This stately 1921 residence has been thoughtfully reimagined, blending timeless elegance with modern comfort. Set on nearly 12,000 sq. ft. of sun-filled grounds on a quiet lane off prestigious Beach Drive, the 5 bedroom - 4,500 sq. ft. home offers both privacy and presence, behind custom automated gates. Inside, classic architecture is paired with contemporary updates. A chef’s kitchen by Urbana is a show stopper on the main floor with its expansive island and top-tier appliances. Comfort is enhanced with updated underfloor heating including a new boiler, along with three new natural gas fireplaces in the den, living room and family room. The original fir floors have been restored to their former magnificence and the sunroom has been completely rebuilt as a serene retreat. New folding doors extend the dining room to a refinished west-facing patio for effortless indoor-outdoor living. Upstairs, the reconfigured primary suite includes a generous walk-in closet and a spa-inspired ensuite by Urbana. The lower level features a gym with rubberized flooring, along with a bedroom and bathroom with new shower. Outside, extensive landscaping creates a sanctuary of its own: succulent crevice gardens, custom cedar planters, a new slate patio, and a Bluetooth-enabled irrigation and lighting system. A separate double garage completes the property. Centrally located near Oak Bay Marina, GNS Junior School, and a short stroll to the Village, this home offers a refined retreat with ample space for family and entertaining. (id:39198)

Listed By

The listing brokerage and/or agent is Sotheby's International Realty Canada

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

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Total Monthly Payment

$15,019 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,080,000

Total Interest Payments

$1,899,008

Total Payment (Principal + Interest)

$4,979,008

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Monthly Cash Flow

$300 / month

Monthly Expenses

-$1,700

Monthly Income

$2,000

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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