121 Denison Rd
Oak Bay, BC V8S2K2
$8,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 16,640 square feet
- Zoning
- Residential
R-4
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $17,594.63
Interior
- Heating
- Heat Pump, Baseboard heaters, Other
- Cooling / A/C
- Fully air conditioned
- Fireplace
- Yes (2)
Exterior & Lot
- View
- City view, Mountain view, Ocean view
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Lower level | — |
| Utility room | Lower level | — |
| Storage | Lower level | — |
| Workshop | Lower level | — |
| Patio | Lower level | — |
| Storage | Lower level | — |
| Utility room | Lower level | — |
| Sauna | Lower level | — |
| Bathroom | Lower level | 3-Piece |
| Gym | Lower level | — |
| Balcony | Second level | — |
| Kitchen | Second level | — |
| Pantry | Second level | — |
| Ensuite | Second level | 3-Piece |
| Bedroom | Second level | — |
| Bathroom | Second level | 2-Piece |
| Wine Cellar | Second level | — |
| Living room | Second level | — |
| Entrance | Second level | — |
| Laundry room | Second level | — |
| Balcony | Second level | — |
| Ensuite | Second level | 5-Piece |
| Primary Bedroom | Second level | — |
| Storage | Main level | — |
| Patio | Main level | — |
| Ensuite | Main level | 3-Piece |
| Bedroom | Main level | — |
| Ensuite | Main level | 3-Piece |
| Bedroom | Main level | — |
| Bathroom | Main level | 2-Piece |
| Entrance | Main level | — |
| Family room | Main level | — |
Listing Information
- MLS®
- 1031395
- Listed
- June 6, 2026
- Time on market
- On the market for 87 days
- Data last synced
- August 28, 2026
Listing provided by: The Agency · Data source: CREA DDF.
Description
121 Denison Rd, ''King of The Hill'', is a rare and exceptional offering in South Oak Bay, positioned at the highest point in Oak Bay above McNeil Bay. From this elevated setting, the home enjoys unobstructed 270° views of the Olympic Mountains, Trial Island lighthouse, and Discovery and Trial Islands, with ever-changing marine activity including cruise ships, freighters, and whale-watching vessels. Located on a quiet, park-like cul-de-sac, the property offers outstanding privacy and tranquility. Originally built in the 1970s and meticulously maintained, the home was reimagined by Zebra Design to preserve its irreplaceable height—now restricted by current building codes—while ensuring ocean views from every principal room, including the garage. Designed with a focus on simplicity, livability, and entertaining, the home was constructed by GT-Mann Construction with an emphasis on uncompromising quality. Premium materials include top-grade framing, engineered beams enabling a pillarless design, triple-pane windows, and solid core doors. Extensive soundproofing minimizes both exterior and interior noise. Full Control4 automation manages lighting, climate, blinds, security, and more. Architectural details include shadow-line drywall finishes, a floating staircase with glass railings, and seamless indoor-outdoor living through expansive decks, gas fireplaces, and outdoor cooking areas. The low-maintenance exterior features acrylic stucco, metal detailing, and a standing seam metal roof. A concrete pool with LED lighting and retractable cover is complemented by a spa-like wellness area with sauna, gym, and yoga space—all oriented to the view. Custom Southshore cabinetry, a hidden pantry, and a striking temperature-controlled 400-bottle wine cellar complete the home, reflecting a cohesive commitment to design, quality, and its extraordinary coastal setting. (id:63159)
Values & Trends
This listing
$1,682/sqft
Building average
—
No other active listings in this building
Gonzales average
$1,115/sqft
11 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Gonzales Point
15°C
—
Humidity 76%
Wind W 10 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
17,990
(2021 Census)
-0.6% since 2016
Density: 1,710.1/km²
Dwellings: 8,168
Median household income: $107,000
After-tax: $93,000
Immigrant population: 21.9%
Top countries of origin (% of total population)
- United Kingdom7% · 1,265
- United States of America2.9% · 515
- China1.5% · 270
- Germany0.9% · 155
- South Africa, Republic of0.5% · 85
- Netherlands0.4% · 80
- Philippines0.4% · 75
- Taiwan0.4% · 70
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Monterey Middle School | Elementary | 906 m |
| Margaret Jenkins Elementary | Elementary | 983 m |
| Glenlyon Norfolk School(Independent) | K-12 | 1.4 km |
| Sundance-Bank Elementary | Elementary | 2.1 km |
| Sir James Douglas Elementary | Elementary | 2.2 km |
| Oak Bay Secondary | Secondary | 2.2 km |
| St Patrick's School(Independent) | Elementary | 2.5 km |
| Central Middle School | Elementary | 2.6 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Parks (5+)
- Walbran Park162 m
- Trafalgar Park292 m
- Unnamed395 m
- Quimper Park · 2115 Quimper Street413 m
- Lafayette Park · 2200 Lafayette Street463 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,700,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.