Property Description
*Foreign Buyer Ban Exempt* Once-in-a-generation offering in one of Canada’s most distinguished coastal enclaves. Situated on Oak Bay’s prestigious Beach Drive, this rare assembly offers two titles, over 1,000 ft of shoreline, private beach access, an unprecedented buildable area, and panoramic views of the Haro Strait. Surrounded by established multi-family buildings and iconic amenities including Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, the property offers unmatched potential for a legacy project. Under the new OCP, these properties are identified within a special study area for “larger sites and (multi lot) areas to be comprehensively planned and designed” for future land use changes, further highlighting their suitability for high-value redevelopment. Professionally cleared and surveyed, with comprehensive geotechnical, environmental, traffic, and servicing reports complete, these parcels are primed for development. Get in touch to explore the possibilities.
Property Details
MLS #:
1008863
ID #:
29599993
Type:
Residential
Sub-Type:
Land
Area:
Oak Bay
Sub-Area:
OB South Oak Bay
Status:
Active
Lot Size:
5.13 acres
Property Tax:
$147,673 (2025)
Days on Market:
403 days
Listing provided by Sotheby's International Realty Canada
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CMHC Insurance Required: Down payments less than 20% require mortgage default insurance.
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