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Home buyers in South Oak Bay often struggle to understand why BC Assessment values differ from actual market prices, leading to confusion and potential overpayment.

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South Oak Bay REALTOR®

Your 3-Step Plan to Find the Right Home in South Oak Bay

Buying a home in South Oak Bay can be simple and stress-free when you follow this 3-step plan designed to help you find the right home at fair market value.

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Step 3: Make Informed Decisions

Use two years of sold data along with local insights to make well-informed decisions in South Oak Bay, ensuring you choose the right home for your budget.

Explore the Latest Homes for Sale in South Oak Bay

Browse through the most current homes for sale in South Oak Bay. Our listings are updated in real-time, ensuring you have access to the latest properties on the market.

Looking for a new home on Vancouver Island? Check out South Oak Bay! This neighbourhood is perfect for families and young professionals, with plenty of green space and great schools nearby. Plus, with homes for sale starting in the mid-$700,000 range, it's more affordable than you might think. So why not make the move to Vancouver Island today?
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  • 752 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 981235

    752 Monterey Ave OB South Oak Bay Oak Bay V8S 4V2
    Main Photo: 752 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 981235
    $2,450,000
    Residential
    Status:
    Active
    MLS® Num:
    981235
    Bedrooms:
    3
    Bathrooms:
    4
    Floor Area:
    2,027 sq. ft.
    Cobble Cottage, a one of a kind sanctuary in walkable South Oak Bay, is a masterpiece for sophisticated downsizers seeking a unique lifestyle. This iconic home has a steam bent Hobbit style roof and was hand crafted by skilled artisans featuring Brazilian wood floors, jade counters/fireplace hearth, copper accents both in and out, Cowichan River rock, floor to ceiling mahogany walls and a petrified wood wall in the en-suite. The home includes a totem pole, massive etched glass kitchen island with brass trim, etched front and bathroom doors by renowned First Nation's artist Klatle-Bhi. This artistic haven offers a separate studio with a copper portico and a detached dream bath house with copper tub, deluxe shower and sauna. Relax in the in-ground pool, amidst mature grounds with a water feature and gardens front and back. Fully fenced with electric gate. Cobble Cottage radiates charm and vibrancy in every detail. Steps to the ocean and all the best this prime location has to offer. More details
    Listed by Newport Realty Ltd.
    JASON ANSON
  • 1263 St. Denis St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 981364

    1263 St. Denis St OB South Oak Bay Oak Bay V8S 5A6
    Main Photo: 1263 St. Denis St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 981364
    $3,100,000
    Residential
    Status:
    Active
    MLS® Num:
    981364
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,942 sq. ft.
    Incredible single level rancher home, in one of South oak bays most coveted locations. Turn key 2025 built ICF home on low maintenance property built to the highest standards by award winning Sharples Contracting. Interior design by Raubyn Rothschild, with 3 bedroom 3 bathrooms, designer kitchen with additional pantry, laundry all on one level.Single car garage with additional parking for boat or RV in behind the home. Fully level walkability with no steps around entire home, with turn key lock up and go living by design. This home is unlike anything on the market, located walking distance to Oak Bay Avenue, Windsor Park, Oak Bay Marina and Victoria Golf Club. Est completion Jan.2025. More details
    Listed by RE/MAX Camosun
    JASON ANSON
  • 403 1159 Beach Dr in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 981368

    403 1159 Beach Dr OB South Oak Bay Oak Bay V8S 2N2
    Main Photo: 403 1159 Beach Dr in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 981368
    $669,900
    Residential
    Status:
    Active
    MLS® Num:
    981368
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    918 sq. ft.
    OCEANFRONT - Oak Bay! Welcome to Hampshire House a well loved steel and concrete building w "Mid-Century Mediterranean" charm. Unit 403 is an remarkably spacious 1-bed, 2-bath suite w over 900 sqft. Upon entry you're welcomed by a spacious foyer which leads to fully renovated bath. Large living area (yes you can bring real furniture) w a wall of windows + access to the balcony, perfect for soaking in scenic ocean views filling the living & dining space w natural light. Large Primary bed boasts private balcony access and a beautifully renovated 4-piece ensuite bath. Hampshire House is a special property from the discreet, set back entrance hidden behind a wall of Garry Oaks, flowering rhododendrons. Owners will enjoy a guest suite, well equipped laundry rm & workshop.observatory lounge w panoramic views of Mt Baker & access to a private cove. PET FRIENDLY for animal lovers! Conveniently close to Oak Bay Village, Marina, Windsor Park & steps to Oak Bay Beach Hotel & Victoria Golf Club. More details
    Listed by Keller Williams Realty VanCentral
    JASON ANSON
  • 2027 Oak Bay Ave in Oak Bay: OB South Oak Bay Business for sale : MLS®# 981197

    2027 Oak Bay Ave OB South Oak Bay Oak Bay V8R 1E5
    Main Photo: 2027 Oak Bay Ave in Oak Bay: OB South Oak Bay Business for sale : MLS®# 981197
    $149,900
    Commercial Sale
    Status:
    Active
    MLS® Num:
    981197
    Fantastic turn-key opportunity! This charming and cozy Asian restaurant in Oak Bay is in a perfect location. Well-established for food service, it comes with a liquor license and features 17 indoor seats and potential outdoor seatings. Newly renovated, no commercial hood, steam venting system available. The menu includes coffees, teas, sweets, breakfasts, lunches, sushi, and Asian cuisine, establishing a loyal customer base. Situated in a prime location near residential areas, businesses, schools, and the public library, it’s a thriving spot ready for new ownership. Come make it your DESTINED business! Please do not approach staff and owner regarding sale of business.* More details
    Listed by Pemberton Holmes Ltd.
    JASON ANSON
  • SL 1 1965 Oak Bay Ave in Oak Bay: OB South Oak Bay Retail for lease : MLS®# 981014

    SL 1 1965 Oak Bay Ave OB South Oak Bay Oak Bay V8R 1E3
    Main Photo: SL 1 1965 Oak Bay Ave in Oak Bay: OB South Oak Bay Retail for lease : MLS®# 981014
    $37 /sqft
    Commercial Lease
    Status:
    For Lease
    MLS® Num:
    981014
    William Wright Commercial is pleased to present the opportunity to sublease a northwest facing CRU in a luxury condominium building. Built in 2014, this attractive and modern building located in the prestigious community of Oak Bay offers a unique mix of retailers providing a wide variety of services to the surrounding neighbourhood. Perfectly situated at the prominent corner of Oak Bay Avenue and Foul Bay Road, Village Walk offers a highly visible location and great street-front exposure for a variety of business types. More details
    Listed by William Wright Commercial Real Estate Service - Victoria Branch
    JASON ANSON
    To access this listing,
    please create a free account

  • 662 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980577

    662 Monterey Ave OB South Oak Bay Oak Bay V8S 4T9
    Main Photo: 662 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980577
    $2,999,999
    Residential
    Status:
    Active
    MLS® Num:
    980577
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    3,578 sq. ft.
    We proudly present a stunning turnkey home meticulously crafted by Meqani Developments & Patriot Homes in the highly desirable South Oak Bay neighbourhood. This 5-bed, 5-bath masterpiece epitomizes quality & elegance, featuring a potential 1,275 sq.ft. 1-bed lower-level suite w/ private access, ideal for extended family/nanny/income earner. The chef-inspired kitchen is a showstopper, w/ custom rift-cut oak cabinetry, quartz & top-of-the-line appliances. The spacious living area opens to a west-facing, low-maintenance backyard. Upstairs, the dream primary suite boasts an oversized walk-in closet & ensuite w/ freestanding soaker tub, custom shower w/ steam generator. Designed with sustainability in mind, this home features Step 4 BC Energy efficiency, ICF foundation, high-efficiency furnace w/ heat pump & rough-in for solar panels, to name a few. Located close to OB Village, Windsor Park, Willows Beach & Marina, this home is surrounded by Oak Bay's most picturesque scenery. More details
    Listed by The Agency
    JASON ANSON
  • 2359 Cookman St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980481

    2359 Cookman St OB South Oak Bay Oak Bay V8S 2X3
    Main Photo: 2359 Cookman St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980481
    $1,399,000
    Residential
    Status:
    Active
    MLS® Num:
    980481
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,692 sq. ft.
    Situated in the serene heart of South Oak Bay on a peaceful, tree-lined street. Boasting original oak floors, a spacious living and dining area with a fireplace, and an abundance of natural light streaming through large windows. The interior has been freshly painted and new wood flooring has been installed in the kitchen. The kitchen overlooks a very private backyard. The main floor also features a laundry area and a two-piece bathroom. Upstairs, you'll find four generously sized bedrooms and a recently renovated full bathroom. There's a crawl space entrance in the back housing a new hot water tank and a newer gas furnace, perfect for storage. The backyard faces south, making it sunny and exceptionally private, with a hedge-enclosed area perfect for dining or relaxing, plus a detached garage ideal for garden equipment or a small car. This prime location is just a few blocks from GNS & SMU schools + a short walk to McNeill Bay, Windsor Park, and local cafes! More details
    Listed by The Agency
    JASON ANSON
  • 824 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980343

    824 Monterey Ave OB South Oak Bay Oak Bay V8S 4V2
    Main Photo: 824 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 980343
    $1,600,000
    Residential
    Status:
    Active
    MLS® Num:
    980343
    Bedrooms:
    5
    Bathrooms:
    2
    Floor Area:
    2,063 sq. ft.
    Amazing Opportunity to acquire a property in South Oak Bay in a wonderful family neighbourhood across from the Monterey Middle School. Walking distance to Oak Bay Ave shops and Monterey Activity Center, Windsor Park and Oak Bay Marina. Near many beaches along Beach Drive. Watch the kids walk to Monterey Middle school while being minutes to SMU Junior Campus, Windsor Park, Oak Bay Ave, OB Marina, Victoria Golf Course & McNeill Bay & Beach. One of the best values in today's market! More details
    Listed by Royal LePage Coast Capital - Chatterton
    JASON ANSON
  • 2548 Windsor Rd in Oak Bay: OB South Oak Bay Business for sale : MLS®# 980296

    2548 Windsor Rd OB South Oak Bay Oak Bay V8S 3E9
    Main Photo: 2548 Windsor Rd in Oak Bay: OB South Oak Bay Business for sale : MLS®# 980296
    $42,000
    Commercial Sale
    Status:
    Active
    MLS® Num:
    980296
    Here's a rare opportunity to own a well-established hair salon adjacent to Windsor Park, in the heart of Oak Bay, one of Victoria’s most desirable neighborhoods! This successful salon has built a loyal clientele and reputation for exceptional service. Whether you’re an experienced stylist looking to take the next step or an investor seeking a solid, profitable venture, this Oak Bay hair salon is an outstanding opportunity. For more information on this exciting business for sale, reach out. More details
    Listed by Coldwell Banker Oceanside Real Estate and Royal LePage Coast Capital - Chatterton
    JASON ANSON
  • 611 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 979968

    611 Island Rd OB South Oak Bay Oak Bay V8S 2T7
    Main Photo: 611 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 979968
    $2,799,900
    Residential
    Status:
    Active
    MLS® Num:
    979968
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    4,898 sq. ft.
    Located within an exclusive enclave of special homes, this grand home offers 4900 square feet on three levels on a 0.33ac lot at Anderson Hill Park and very close to the Victoria Golf Club with the Oak Bay Marina and scenic marine Beach Drive nearby along with vibrant Oak Bay Village. Impressive foyer with soaring 18' ceiling, oversized kitchen and dining area with 14' ceiling, formal 30x17 living room for entertaining and 3 spacious bedrooms up plus bonus room with separate exterior entrance over the double garage. This residence is an opportunity to update and decorate to your tastes while enjoying one of the City's most sought after locations. More details
    Listed by RE/MAX Island Properties
    JASON ANSON
  • 207 2125 Oak Bay Ave in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 979983

    207 2125 Oak Bay Ave OB South Oak Bay Oak Bay V8R 1E8
    Main Photo: 207 2125 Oak Bay Ave in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 979983
    $695,000
    Residential
    Status:
    Active
    MLS® Num:
    979983
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,277 sq. ft.
    Come discover the wonders of Oak Bay living in the Village Oaks. This two-bedroom condo has 1,277 square feet of living spacious space. Featuring well-appointed kitchen, spacious principal rooms, and primary suite with a walk-in closet and ensuite. Opening to an enclosed patio overlooking Oak Bay Avenue. The building offers owners a workshop, library, billiard room, laundry area and underground parking. An exciting opportunity to enjoy an incredible year-round lifestyle. The Village Oaks is surrounded by beautifully maintained grounds and situated in a prime location to all Oak Bay offers with the Village cafes, galleries, shops and the Public Library all nearby! More details
    Listed by Newport Realty Ltd.
    JASON ANSON
  • 551 Oliver St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 979848

    551 Oliver St OB South Oak Bay Oak Bay V8S 4W2
    Main Photo: 551 Oliver St in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 979848
    $1,749,000
    Residential
    Status:
    Active
    MLS® Num:
    979848
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,989 sq. ft.
    Nestled in the heart of South Oak Bay, this sunny, level property spans 6,650 sf and is just half a block from the ocean and the sandy shores of McNeill Bay. This charming home features 4 bedrooms and showcases classic coved ceilings, hardwood floors, and a spacious living room featuring a wood burning fireplace. Meticulously maintained this home has been updated throughout including a fresh kitchen with quartz countertops, a fully renovated bathroom plus new windows and exterior doors, providing a fresh and modern feel. The lower level features two bedrooms, a second full bathroom, a laundry area, and a large family room—offering versatile living space. Step outside to your incredibly spacious and flat backyard to enjoy sunny evenings on the patio. This seaside location is unbeatable, just 5 blocks from the vibrant Oak Bay Village, with boutique cafés along the way. Enjoy proximity to top schools (both public and private), parks, the Victoria Golf Club, and the Oak Bay Marina. More details
    Listed by The Agency
    JASON ANSON
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Data was last updated December 2, 2024 at 10:05 PM (UTC)
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Avoid These Home-Buying Challenges in South Oak Bay

Buying a home in South Oak Bay can come with unexpected challenges. Here are some of the most common issues buyers encounter and how to overcome them.

Misled by BC Assessment Values?

Many buyers in South Oak Bay mistakenly use BC Assessment values as a guide, often leading to overpayment for homes.

Missing Out on Hot New Listings?

In a competitive market like South Oak Bay, slow updates can mean losing the chance to make an offer on your dream home.

Unsure if You’re Making the Right Offer?

Without access to recent sold data in South Oak Bay, it’s hard to know if you’re making the right offer on a home.

From Search to Satisfaction: How South Oak Bay Buyers Found Their Ideal Homes

Hear from Happy Homeowners in South Oak Bay

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