1307 Transit Rd

South Oak Bay, Oak Bay · MLS® 1049690

bedrooms: 5
bathrooms: 5
living area: 4,511 sq ft
lot: 6,851 sq ft
parking: 3
built: 2023
type: House
style: Single Family

about this home

An award-winning custom residence in the heart of South Oak Bay, this modern French country home was built by Coast Prestige Homes with interiors by Jenny Martin Design. Set on a beautifully landscaped corner lot, the home features graceful…

features

Level lot
Private setting
Southern exposure
Corner Site
Other
Marine Oriented

what it costs per month

estimated payment

$17,207/ monthly

loan $3,112,000

25-year amortization

down payment20% · $778,00020%+ down: no mortgage insuranceinterest rate4.49%5-year fixed, semi-annual compoundingamortizationpayment frequency

total interest: $2,050,035
property transfer tax: $112,500; BC general rate
cash to close: $890,500; down + PTT
total paid: $5,162,035

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.