568 Island Rd

South Oak Bay, Oak Bay · MLS® 1049268

bedrooms: 5
bathrooms: 4
living area: 3,150 sq ft
lot: 8,633 sq ft
parking: 4
built: 1993
type: House
style: Single Family

about this home

Idyllic South Oak Bay location - adjacent to Anderson Hill Park & a short stroll to the oceanfront - this custom Executive residence is well maintained and offers wonderful space & comfort. Enter through the foyer to the large living room w…

features

Park setting
Other
Family Oriented
Pets Allowed

what it costs per month

estimated payment

$9,510/ monthly

loan $1,720,000

25-year amortization

down payment20% · $430,00020%+ down: no mortgage insuranceinterest rate4.49%5-year fixed, semi-annual compoundingamortizationpayment frequency

total interest: $1,133,053
property transfer tax: $42,500; BC general rate
cash to close: $472,500; down + PTT
total paid: $2,853,053

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.