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  5. Southgate

1016 Southgate Street Unit 5, The Shafer Victoria

Price

$875,000

Bedrooms2 Beds

Bathrooms2 Baths

Size1065 sqft

Year Built2017

Property TypeCondo/Townhouse

Property Taxes$4,853.68

Unit Number5

Maintenance Fees$260/month

Description

? Open House Sun 12:00–1:30pm ? Located in desirable Fairfield, between Dallas Road and Beacon Hill Park, The Shafer on Southgate represents a unique opportunity to acquire a high-end, premium luxury penthouse townhome just steps from Cook St. Village. Built by Dewhurst Developments with design by Zebra Designs, this boutique 3-storey building blends timeless architectural elements with sophisticated modern living. Offering 1,012 sq ft of beautifully finished living space plus a private balcony, this unit delivers an ideal blend of comfort, style, and functionality, with 9’ ceilings and a thoughtful layout that creates excellent separation between living areas and bedrooms. The main living space is bright and inviting, anchored by a gas fireplace and enhanced by refined finishes such as hardwood flooring and quartz countertops. The bright kitchen with skylight features new cabinetry and premium Bosch appliances, including a gas range, creating a sleek and elevated cooking space that feels both timeless and contemporary. Attention to detail is evident throughout, with modern, clean interiors by award-winning Sandy Nygaard Design. The spacious primary bedroom includes a walk-in closet and 3-piece ensuite, complemented by a second bedroom ideal for guests, a home office, or flex space. A full main bathroom and in-suite laundry add everyday practicality. One of the standout features of this home is this unit’s top-floor patio, where you can enjoy stunning views and the perfect setting for morning coffee, evening downtime, or entertaining. Additional highlights include secure bike storage, plus a dedicated parking stall and spacious storage locker off Harling Lane for easy access and added security. A rare Fairfield offering in an unbeatable lifestyle location—steps to the ocean, parks, and the best of Victoria. (id:39198)

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Listed By

The listing brokerage and/or agent is eXp Realty

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

$3,808 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$700,000

Total Interest Payments

$431,593

Total Payment (Principal + Interest)

$1,131,593


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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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Comber Friesen Group

Realtors

Related Properties

1016 Southgate Unit 1

Victoria, V8V2Z2


Property image 1

$849,900

78 days on market

2 Bed

2 Bath

1235

Condo/Townhouse


Listed By: RE/MAX Camosun


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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.

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Engel & Võlkers Vancouver Island

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions