2517 Margate Avenue, South Oak Bay Oak Bay
Price
$1,550,000
Bedrooms2 Beds
Bathrooms2 Baths
Size2513 sqft
Year Built1928
Property TypeDetached Home
Property Taxes$6,636.63
Description
South Oak Bay, one of Victoria’s pre-eminent neighbourhoods. Set in one of its most advantageous sections areas & lovingly maintained for the last 26 years, it's now your turn to make everlasting memories in this charming home. Equidistant from Windsor Park, Oak Bay Marina, & Victoria Golf Club, all the storefronts along Oak Bay Ave are within walking distance. A 1928 home full of character details consistent w/ the era incld: oak & fir floors w/ inlays & generous living spaces. 2 beds/ 2 full bath on the main level w/ a bright & cheerful country style kitchen. Potential awaits in the full height downstairs w/ an additional family room & bedroom & additional rooms perfect for an in-law suite/space to grow into. Updates incl. roof, gas fireplace & HE gas furnace. Enjoy the double car garage, & workshop area and mature garden! This home is part of a unique collection of homes that back onto McNeill Ave at the rear, offering incredible southern exposure & extra off-street parking options (id:39198)
Listed By
The listing brokerage and/or agent is Initium Real Estate Ltd.
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
$6,122 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,240,000
Total Interest Payments
$764,536
Total Payment (Principal + Interest)
$2,004,536
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.