5248 Parker Ave

Cordova Bay, Saanich · MLS® 1047473

bedrooms: 5
bathrooms: 3
living area: 2,968 sq ft
lot: 14,983 sq ft
parking: 3
built: 1974
type: House
style: Single Family

about this home

Ocean views define this exceptional Parker Avenue residence, set along one of Cordova Bay’s most coveted streets and just steps from Fenn Beach and Parker Park. Custom built in 1974, this distinctive steel-and-concrete West Coast home offer…

features

Wooded area
Other
Washer
Refrigerator
Range - Gas
Range - Electric

what it costs per month

estimated payment

$8,515/ monthly

loan $1,540,000

25-year amortization

down payment20% · $385,00020%+ down: no mortgage insuranceinterest rate4.49%5-year fixed, semi-annual compoundingamortizationpayment frequency

total interest: $1,014,477
property transfer tax: $36,500; BC general rate
cash to close: $421,500; down + PTT
total paid: $2,554,477

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.