2568 Margate Ave

South Oak Bay, Oak Bay · MLS® 1051061

bedrooms: 3
bathrooms: 2
living area: 1,602 sq ft
lot: 7,532 sq ft
parking: 2
built: 1954
type: House
style: Single Family

about this home

CHARMING SOUTH OAK BAY HOME. A lovely character home with 3 bedrooms and 2 bathrooms situated in a prime neighbourhood. Cove ceilings, oak hardwood floors, glass door knobs & a wood burning fireplace are all hallmark signs of a home built…

features

Curb & gutter
Level lot
Private setting
Irregular lot size
Other

what it costs per month

estimated payment

$6,586/ monthly

loan $1,191,200

25-year amortization

down payment20% · $297,80020%+ down: no mortgage insuranceinterest rate4.49%5-year fixed, semi-annual compoundingamortizationpayment frequency

total interest: $784,705
property transfer tax: $27,780; BC general rate
cash to close: $325,580; down + PTT
total paid: $1,975,905

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.