Oak Bay Waterfront Real Estate

Locally known as “behind the tweed curtain” in homage to original British development of the area, Oak Bay is a Victoria municipality challenging stereotypes and offering alternatives. Oak Bay is both established and innovating, and maintains an easy hospitality in keeping with the inclusive community atmosphere.

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This desirable heritage neighbourhood located just 4 kilometres from downtown Victoria has a distinct British influence that has been maintained over generations. This influence is so powerful that even today, Oak Bay is locally referred to as ‘behind the tweed curtain’! Despite its age and repute, this neighbourhood continues to be innovating and maintains an inclusive and vibrant residential and commercial community. Unlike many North American neighbourhoods, Oak Bay was designed using a British ‘high street’ model creating a neighbourhood village on the main street, Oak Bay Avenue, comprising important daily commercial business such as banks and grocery stores as well as specialty boutiques, wellness centres, cafes, restaurants and more! Radiating outward from Oak Bay Avenue are beautiful green spaces, stunning beaches, exclusive recreation clubs, oceanfront resorts, top-tier public and private schools and premium assisted-living facilities. While this area is generally known for its higher real estate price tag, affluent clients looking to invest in this elegant borough of Victoria can find single-family homes on idyllic streets, high-end condos, and stunning oceanfront homes.

1069/1101 Beach Dr

OB South Oak Bay Oak Bay V8S 2N2

$52,500,000

Residential beds: 0 baths: 0.0 0 sq. ft.

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Status:

Active

Prop. Type:

Residential

MLS® Num:

1008863

• Photos (23)

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*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.

General Info:

Property Type:

Residential

Type:

Land

Living Area:

0 sq. ft.0 m2

Auxiliary Building Living Area:

0 sq. ft.0 m2

Main Building Living Area:

0 sq. ft.0 m2

Listing General Location:

OB South Oak Bay, Oak Bay

Bedrooms:

0

Bathrooms:

0.0 (Full:-/Half:-)

Lot Size:

5.13 acre(s)2.08 hectare(s)

Kitchens:

0

Additional Info:

Construction:

See Remarks

Foundation:

None

Roof:

See Remarks

Total Building Area:

0 sq. ft.0 m2

Total Unfinished Area:

0 sq. ft.0 m2

# Bedrooms or Dens Total:

0

# Main Level Bedrooms:

0

# Second Level Bedrooms:

0

# Third Level Bedrooms:

0

# Lower Level Bedrooms:

0

# Other Level Bedrooms:

0

# Main Level Bathrooms:

0

# Second Level Bathrooms:

0

# Third Level Bathrooms:

0

# Lower Level Bathrooms:

0

# Other Level Bathrooms:

0

# Main Level Kitchens:

0

# Second Level Kitchens:

0

# Third Level Kitchens:

0

# Lower Level Kitchens:

0

# Other Level Kitchens:

0

Living Area Lower Floor:

0 sq. ft.0 m2

Living Area Main Floor:

0 sq. ft.0 m2

Living Area Other Floor:

0 sq. ft.0 m2

Living Area 2nd Floor:

0 sq. ft.0 m2

Living Area 3rd Floor:

0 sq. ft.0 m2

Fireplaces:

0

Fireplace Details:

Other

Water supply:

Municipal

Sewer:

Sewer To Lot

Cooling:

None

Heating:

Other

Fireplace:

No

View:

Mountain(s), Ocean

Waterfront Features:

Ocean Front

Directions:

Parallel to the entrance of the Victoria Golf Club.

Entry Location:

Main Level

Minimum Age:

0

BBQ Allowed:

Yes

Smoking Bylaw:

No

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:

District of Oak Bay

Zoning:

R-1

Other Details:

Number of 2 piece baths:

0

Number of 3 piece baths:

0

Number of 4 piece baths:

0

Number of 5 piece baths:

0

Number of 2 piece Ensuites:

0

Number of 3 piece Ensuites:

0

Number of 4 piece Ensuites:

0

Occupancy:

Vacant

Property Condition:

Land Value Only

Land Info:

Exposure / Faces:

East

Layout:

Other

Lot Site Features:

Acreage, Central Location, Cleared, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Landscaped, Marina Nearby, Near Golf Course, Park Setting, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Walk on Waterfront, See Remarks

Attached Garage:

No

Carport Spaces:

0

Garage Spaces:

0

Garage:

No

Parking Features:

Driveway

Total Parking Spaces:

10

Road Frontage Type:

Marine

Road Surface Type:

Paved

Listing Info:

Date Listed:

Aug 15, 2025

Original Price:

5.25E7

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Listed by Sotheby's International Realty Canada

Data was last updated July 26, 2026 at 08:05 PM (UTC)

Area Statistics

Listings on market:

70

Avg list price:

$1,812,500

Min list price:

$367,500

Max list price:

$52,500,000

Avg days on market:

60

Min days on market:

2

Max days on market:

345

Avg price per sq.ft.:

$781.37

These statistics are generated based on the current listing's property type and located in OB South Oak Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• Vancouver Island
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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