Property Type: Detached HouseOwnership: Freehold

1256 Oliver St

Oak Bay, BC V8S4W9

$3,595,000

4 bed5 bath3 parking3,782 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Lot size
6,360 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,283.71

Interior

Heating
Heat Pump, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
3 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
OtherLower level2'9 x 5'4
Utility roomLower level6'1 x 6'10
OtherLower level4'7 x 4'7
BathroomLower level4-Piece
OtherLower level2'1 x 4'3
MediaLower level10'8 x 16'8
BathroomLower level4-Piece
OtherLower level2'1 x 8'5
BedroomLower level16'9 x 12'11
KitchenLower level15'4 x 17'6
BathroomSecond level4-Piece
OtherSecond level2'1 x 7'1
BedroomSecond level10'6 x 12'0
OtherSecond level2'2 x 7'1
OtherSecond level4'7 x 4'7
OtherSecond level2'2 x 7'1
BedroomSecond level10'9 x 11'10
Laundry roomSecond level5'6 x 10'4
EnsuiteSecond level5-Piece
Primary BedroomSecond level13'6 x 14'2
PatioMain level9'6 x 17'11
Dining roomMain level9'9 x 14'3
PantryMain level8'2 x 5'4
KitchenMain level13'6 x 12'1
Mud roomMain level6'0 x 8'6
OtherMain level2'7 x 3'3
OtherMain level2'7 x 3'7
OtherMain level4'6 x 4'6
OfficeMain level10'8 x 11'10
BathroomMain level2-Piece
EntranceMain level17'7 x 5'5

Listing Information

MLS®
1032679
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

CONSTRUCTION STARTED - EST COMP DEC. 2026 - A stunning modern craftsman new build in the heart of South Oak Bay, designed by Lorri McCrackin and will be expertly constructed by Patriot Homes. The main offers an open-concept living space with a sleek kitchen featuring Bosch & Fisher Paykel appliances. Step off the living room to your WEST-FACING back patio and outdoor kitchen. An office, mudroom, 2-piece bath & ELEVATOR complete this level. Upstairs, you will find 3 bedrooms, including a stunning primary. Also on this level, a 4-piece bath & laundry. The lower level features a media room/space for guests, complete with a 4-piece bath. As well as a one-bed LEGAL suite. With a beautifully balanced exterior of shingle siding, natural stone, & warm wood accents, the home will combine high-end finishes and thoughtful design for modern living. Reach out to learn more about this exceptional opportunity to secure a brand-new, custom home in beautiful South Oak Bay! INFO PACK AVAILABLE, EST COMPLETION 2026. (id:63159)

Values & Trends

This listing

$951/sqft

Building average

No other active listings in this building

South Oak Bay average

$905/sqft

23 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

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

48

7/9 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

SchoolTypeDistance
Monterey Middle SchoolElementary624 m
Oak Bay SecondarySecondary828 m
Sundance-Bank ElementaryElementary1.2 km
St Patrick's School(Independent)Elementary1.3 km
Glenlyon Norfolk School(Independent)K-121.3 km
Ecole Willows ElementaryElementary1.4 km
Margaret Jenkins ElementaryElementary1.5 km
Victor SchoolK-122.0 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

Restaurants (5+)

  • Bon Sushi · 1467 Hampshire Road324 m
  • The Oaks Restaurant · 2250 Oak Bay Avenue330 m
  • Kissako Sushi · 2027 Oak Bay Avenue679 m
  • Oak Bay Seafood · 2024 Oak Bay Avenue704 m
  • Tapas on Oak · 2006 Oak Bay Avenue744 m

Cafes (5+)

  • Ottavio · 2272 Oak Bay Avenue327 m
  • Hide & Seek Coffee · 2207 Oak Bay Avenue344 m
  • Starbucks402 m
  • Windsor Cafe · 2540 Windsor Road453 m
  • Demitasse Cafe · 2164 McNeill Avenue482 m

Grocery (1)

  • Fairway Market Athlone Court · 2187 Oak Bay Avenue379 m

Parks (5+)

  • Cochrane's Common357 m
  • Windsor Park · 2451 Windsor Road483 m
  • Haynes Park · 1499 Beach Drive529 m
  • Queen’s Park650 m
  • Firefighter's Park671 m

Gyms (1)

  • Spinco Oak Bay · 2005 Oak Bay Avenue736 m

Pharmacies (2)

  • Fort Royal Pharmacy · 2217 Oak Bay Avenue333 m
  • Pharmasave · 2200 Oak Bay Avenue382 m

Banks & ATMs (5+)

  • RBC · 2255 Oak Bay Avenue297 m
  • BMO · 2219 Oak Bay Avenue327 m
  • CIBC · 2224 Oak Bay Avenue357 m
  • Unnamed361 m
  • TD362 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($719,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,876,000.00
Periodic payment — Principal & Interest (monthly)$18,554.98
Additional monthly expenses (strata, tax, utilities, etc.)$795.98
Total monthly cost$19,350.95
Interest paid over 5-yr term$824,269.87
Balance at end of term$2,586,971.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$719,000
Stress test qualifying rate8.09%
Payment you must qualify for$22,115.43

Cash Needed at Closing

Minimum down payment$719,000
Estimated BC PTT$97,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$818,250

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.

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