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Investment signal

$1,149,800

2139 Foul Bay Rd

Save this home

Beds

4

Baths

3

Sqft

Year

1944

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 2139 Foul Bay Road - a charming home in the heart of sought-after Oak Bay! This 4 bed, 3 bath residence offers a versatile layout ideal for families or investors. The main level features a classic living room, two bedrooms, a full bath, and an updated kitchen that opens to a spacious sitting deck—perfect for relaxing or entertaining. The lower level offers excellent flexibility with two studio-style spaces, each with separate entrances and inviting patio areas, providing great potential for extended family or rental income. Situated on a 6,500 sqft lot and conveniently located within walking distance to recreation, grocery stores, and all levels of public and private schools. Just minutes driving to Camosun College and UVic, with easy access to transit. A fantastic opportunity in one of Victoria’s most desirable neighbourhoods! (id:65958)

Subtype
Single Family
Structure
House
Community
Camosun
Common interest
Freehold
Living area
1,900 square feet
Lot size
6,500 square feet
Lot dimensions
6500
Parking
2 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Apr 1, 2026
Status changed
Apr 22, 2026
Annual tax
$4,562.27
Zoning
Residential
Photos
38
MLS#
1030274
Area
SAANICH

Features and systems

Parking

Stall

Appliances

WasherRefrigeratorDishwasherDryer

Heating

Baseboard heatersElectricWood

Cooling

None

Lot

Rectangular
Negative cash flow ~$1,242/mo at these assumptions

Cash on cash

-6.48%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,058

Financing

Down payment$229,960
Loan amount$919,840
Mortgage$4,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,661/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.

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