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Exceptional Property

1975 Lee Avenue, Victoria

$449,000

2 Bedrooms

1 Bathrooms

803 sqft

Property Highlights

Distinctive Features That Set This Property Apart

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Property Type

Single Family

Style

Apartment

Year Built

1958

Square Footage

803 square feet

Bedrooms

2 Bedrooms

Bathrooms

1 Bathroom

Distinguished Features

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Property Overview

A Closer Look at This Distinguished Residence

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OPEN HOUSE 17/08/25 11AM-1PM .PRICE ADJUSTED.Have a student going to UVIC? Invest in both your futures with this 2 Bedroom,1 bath Condo(compare the cost of renting as opposed to a purchase) IMMEDIATE POSSESSION! Fabulous morning sun! Ten minutes to downtown and UVIC.Recently updated with new floors ,updated bathroom and freshly painted throughout.M...

MLS Number

1008705

Listed By

Team 3000 Realty Ltd

Last Updated

Aug 14, 2025, 7:30 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Open House Events

Open Houses

1 upcoming open house

Open House

Active

Aug 17

11:00 a.m. - 1:00 p.m.

Property Specifications

Comprehensive Details of This Fine Residence

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Experience The Property

View Virtual Tour

Property Specifications

Property Type

Single Family

Architectural Style

Apartment

Year Built

1958

Square Footage

803

Zoning

Multi-Family

Climate Control & Utilities

Heating System

Electric, Hot Water

Air Conditioning

None

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

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Property Timeline

Historical transactions and listing information

New

MLS# 1008705

List Date

Jul 30, 2025, 6:49 p.m.

List Price

$449,000

Property Type

Sale

Bedrooms

Bathrooms

Financial Planning

Tools to Help You Plan Your Investment

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Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

Total Payments

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.