525 Transit Road, South Oak Bay Oak Bay
Price
$2,099,000
Bedrooms3 Beds
Bathrooms3 Baths
Size2821 sqft
Year Built2002
Property TypeDetached Home
Property Taxes$10,048.75
Description
Welcome to this elegant period-style residence in the heart of Victoria's coveted Oak Bay neighborhood. Built in 2002, this five-bedroom, three-bathroom home spans 2,821 square feet, blending classic architectural features with contemporary amenities. From the moment you enter, you are greeted by the warmth of fir doors and solid hardwood floors that extend throughout the home. The interiors are enhanced by French doors, graceful archways, and distinctive circular walls, while meticulous stonework and millwork add a touch of timeless sophistication. Set back from the road, the property offers an exceptional level of privacy and tranquility. The backyard is a serene retreat with two charming patios perfect for hosting gatherings or enjoying quiet moments outdoors. The front patio, nestled within a circular staircase, provides stunning views of Gonzales Hill. The lower level holds potential for a future suite with a separate entry, offering flexibility for guests or rental income. Ample parking, including a garage, ensures convenience for residents and visitors alike. The prime location offers direct access to Anderson Hill Park from the rear garden and beautiful outlooks over Gonzales Hill and McNeil Bay. Just steps from the beach and within walking distance of Oak Bay Village, Oak Bay Marina, and the Victoria Golf Club, this home is ideally situated to enjoy all that the area has to offer. The high walk score allows for easy access to daily errands and leisurely strolls, making this residence the perfect blend of luxury, convenience, and community living. (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
Mortgage Calculator
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Total Monthly Payment
$8,378 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,679,200
Total Interest Payments
$1,035,330
Total Payment (Principal + Interest)
$2,714,530
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
Comber Friesen Group
Realtors
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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
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.