Price
$2,999,999
Bedrooms3 Beds
Bathrooms5 Baths
Size3528 sqft
Year Built2024
Property TypeDetached Home
Property Taxes$5,695.83
Nestled in the heart of South Oak Bay at 650 Monterey Avenue, this newly built modern home offers an unparalleled blend of style, space, and convenience. Situated on a generous 6,215 sqft lot, the home features 3,528 sqft of finished living space with a bright and open design that maximizes natural light through its many large windows. The location is second to none, just steps from top-rated schools, boutique shopping, grocery stores, and the vibrant Oak Bay Village, making it ideal for families and professionals alike. The main floor is designed for effortless living and entertaining, with a contemporary dining room, a sunlit living room, a private office, a convenient laundry room, a 2-piece powder room, and a double garage with a paved driveway. The centrepiece of the home is the modern kitchen, outfitted with sleek marble countertops, a spacious walk-in pantry, a built-in wine cellar, and a large island perfect for gatherings. Upstairs, the luxurious primary suite offers a serene retreat with a walk-in closet and a spa-inspired 5-piece ensuite bathroom. Two additional bedrooms, one with its own walk-in closet, share a well-appointed 4-piece bathroom, ensuring comfort and privacy for all. The lower level adds incredible versatility, featuring a spacious family room, two additional bedrooms, two 4-piece bathrooms, a dedicated media room, and practical under-stairs storage. Outside, the private, fully fenced backyard and patio provide a perfect space for relaxing or entertaining, while the manicured front lawn enhances the home’s curb appeal. Combining modern elegance, thoughtful design, and a prime location, this home is a rare opportunity to enjoy the best of South Oak Bay living. (id:39198)
The listing brokerage and/or agent is The Agency
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.
$11,252 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,400,000
Total Interest Payments
$1,479,746
Total Payment (Principal + Interest)
$3,879,745
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Realtors
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.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.