$ 1.498.000

1564 Monterey Ave, Oak Bay

40 Photos

Bedroom - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 2

Bathroom - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 3

Bedroom - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 4

Kitchen - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 5

Eating area - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 6

Living room - 1564 Monterey Ave, Oak Bay, BC V8R5V4 Photo 7

Bedrooms: 5
Bathrooms: 2
Living area: 2733 square feet

MLS®: 961616
Type: Residential
Added: 10 days ago

Property Details

Centrally located just steps away from the Vibrant Oak Bay Village. This Charming Home with welcoming front veranda, elegant entry, lots of natural light, well designed Kitchen that connects to a huge 450 sq ft private deck for outdoor living, 91 walk score, fir floors, generous room sizes with period finishing are sure to impress + long list of improvements that make this Character House comfortable today: newer roof, freshly painted interior, upgraded wiring – insulation - perimeter drains, double carport, high-efficiency gas furnace / HW and a self contained 2-bedroom lower-level suite on its own electrical service. The Lot is 125 feet deep with rear lane access / lots of parking and a sunny west facing backyard. This Special Property is truly a rare opportunity that offers tremendous value in an excellent neighbourhood. (id:1945)

Best Mortgage Rates

Property Information

Tax Lot: 11
Zoning: Residential
Cooling: None
Heating: Baseboard heaters, Forced air, Electric, Natural gas
List AOR: Victoria
Tax Block: 1
Year Built: 1911
Living Area: 2733
Lot Features: Central location, Level lot, Private setting, Other, Rectangular, Marine Oriented
Photos Count: 40
Lot Size Units: square feet
Parcel Number: 004-625-064
Parking Total: 4
Bedrooms Total: 5
Structure Type: House
Common Interest: Freehold
Fireplaces Total: 1
Tax Annual Amount: 6089.68
Lot Size Dimensions: 6250
Zoning Description: RS-5
Architectural Style: Character
Above Grade Finished Area: 2733
Above Grade Finished Area Units: square feet

Room Dimensions

Type	Level	Dimensions
Laundry room	Lower level	8'10 x 11'6
Bedroom	Lower level	12'5 x 13'6
Bathroom	Lower level	4-Piece
Bedroom	Lower level	9'7 x 9'8
Kitchen	Lower level	8'2 x 8'5
Eating area	Lower level	8'5 x 8'8
Living room	Lower level	10'8 x 14'7
Mud room	Lower level	7'1 x 13'9
Bedroom	Second level	10'5 x 11'2
Bedroom	Second level	10'5 x 15'10
Laundry room	Main level	5'6 x 8'1
Bathroom	Main level	3-Piece
Kitchen	Main level	11'3 x 12'11
Primary Bedroom	Main level	11'0 x 11'2
Den	Main level	11'0 x 14'1
Living room	Main level	11'10 x 17'5
Dining room	Main level	11'1 x 12'8
Entrance	Main level	4'5 x 13'4
Porch	Main level	5'5 x 16'8

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Nearby Places

Name	Type	Address	Distance
Oak Bay, British Columbia	It is one of the 13 municipalities of Greater Vict...		0.6 km
Patrick Arena	Built in 1911 at a cost of $110,000 with a capacit...		0.7 km
Sealand of the Pacific	In 1991, all three were involved in an incident in...		1.0 km
Oak Bay Marina	Oak Bay Marina is a border and Customs check in po...		1.0 km
Victoria College of Art	Accredited by the post-secondary BC government age...		1.0 km
Willows Beach	It takes its name from the Willows Fairground buil...		1.0 km
Victoria College Of Art	School	1625 Bank St	1.1 km
Royal Jubilee Hospital	The Royal Jubilee Hospital is a 500-bed general ho...		1.2 km
Royal Jubilee Hospital	Hospital	1952 Bay St	1.2 km
Malvern and Westerham School	Malvern and Westerham School was a school located ...		1.3 km
CILS-FM	The station was licensed by the Canadian Radio-tel...		1.7 km
McNeill Bay (British Columbia)	On 14 March 1843 the SS Beaver anchored in this ba...		1.7 km

Similar Houses Stat in Oak Bay

We have found 6 Houses that closely match the specifications of the property located at 1564 Monterey Ave with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 950,000 and 1,849,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V8R5V4 postal code area of Oak Bay British Columbia Canada.

1564 Monterey Ave mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1564 Monterey Ave. The current price of the property is $1,498,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,198,400. This would result in a monthly mortgage payment of $7,005 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	65
Bachelor's degree	85
University / Above bachelor level	20
College	40
Degree in medicine	10
University degree at bachelor level or above	175

Neighbourhood Marital Status Stat

Married	315
Widowed	40
Divorced	35
Separated	5
Never married	105
Living common law	15
Married or living common law	330
Not married and not living common law	190

Neighbourhood Construction Date

1961 to 1980	40
1981 to 1990	20
1991 to 2000	15
1960 or before	165

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