Property Type: Detached HouseOwnership: Freehold

1580 Beach Dr

Oak Bay, BC V8R6H8

$5,650,000

4 bed6 bath3 parking7,787 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
0.55 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$40,364.91

Interior

Heating
Hot Water, Other
Cooling / A/C
None
Fireplace
Yes (5)
Appliances
Refrigerator, Dishwasher, Range, Freezer, Oven - Built-In

Exterior & Lot

View
Mountain view, Ocean view
Lot features
Curb & gutter, Private setting, Irregular lot size, Other

Building

Parcel ID (PID)
017-920-736

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
PatioOther8'0 x 12'0
PatioOther10'2 x 27'2
PatioOther18'2 x 23'10
PatioOther13'0 x 20'0
BalconySecond level7'10 x 21'8
Laundry roomSecond level8'0 x 10'8
BedroomSecond level15'4 x 18'10
EnsuiteSecond level4-Piece
EnsuiteSecond level4-Piece
BedroomSecond level17'0 x 16'0
Sitting roomSecond level10'0 x 17'5
EnsuiteSecond level6-Piece
Primary BedroomSecond level15'0 x 30'10
StorageLower level17'7 x 13'0
StorageLower level34'10 x 18'10
Utility roomLower level6'6 x 14'2
Wine CellarLower level6'7 x 7'1
Hobby roomLower level20'3 x 17'4
StorageLower level10'2 x 5'6
OtherLower level8'0 x 10'10
Sitting roomLower level9'5 x 13'5
Recreation roomLower level16'1 x 20'8
BathroomLower level5-Piece
BedroomLower level15'7 x 15'5
EntranceLower level8'6 x 3'7
OtherLower level21'4 x 13'7
OfficeMain level11'9 x 14'0
Mud roomMain level5'8 x 6'4
Family roomMain level18'0 x 24'7
KitchenMain level19'7 x 19'0
Eating areaMain level14'0 x 14'0
Dining roomMain level16'6 x 21'8
Living roomMain level27'0 x 19'5
BathroomMain level2-Piece
EntranceMain level32'6 x 17'3
EntranceMain level9'3 x 9'7

Listing Information

MLS®
1040895
Listed
June 18, 2026
Time on market
On the market for 74 days
Data last synced
August 31, 2026

Listing provided by: The Agency · Data source: CREA DDF.

Description

With its commanding presence, masterful craftsmanship, and breathtaking ocean views, this Oak Bay Estate offers the perfect combination of dramatic coastal beauty and a sense of privacy. Set behind a gated entrance on a lush 0.55-acre lot, this extraordinary residence is a rare coastal treasure. A grand entrance welcomes you with solid wood double doors opening to a soaring 24-foot vaulted foyer with a skylit sitting area and fireplace, creating an unforgettable first impression. Throughout the home, refined millwork blends warm wood tones with crisp white-painted accents, complemented by coffered ceilings that add depth and architectural elegance. Expansive formal living and dining rooms provide exceptional entertaining spaces, while more intimate areas offer comfort and sophistication. The upper level features a primary retreat with a cozy fireplace, arched ceilings, and a six-piece spa-inspired ensuite. A study with its own fireplace opens to a balcony with sweeping ocean views. Two additional bedrooms, each with ensuites and walk-in closets, offer comfort and privacy, while thoughtfully placed laundry adds convenience. The lower level is designed for versatility and leisure, featuring a dance studio, wine cellar, and a dedicated hobby room. Entertain effortlessly in the expansive recreation room with a wet bar, or unwind in the additional bedroom with a full bath and a rejuvenating steam shower. Outdoors, expansive patios overlook a tranquil pond and meticulously landscaped gardens, creating the ideal setting for entertaining or enjoying serene coastal living. The staggered three-car garage harmonizes with the estate’s design while offering ample space and functionality. This exceptional property presents a rare opportunity to own a truly distinguished estate on Oak Bay’s most coveted coastline. (id:63159)

Values & Trends

This listing

$726/sqft

Building average

No other active listings in this building

North Oak Bay average

$963/sqft

3 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

41

6/9 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
Oak Bay SecondarySecondary774 m
Ecole Willows ElementaryElementary961 m
Monterey Middle SchoolElementary1.1 km
St Patrick's School(Independent)Elementary1.3 km
Sundance-Bank ElementaryElementary1.5 km
Glenlyon Norfolk School(Independent)K-121.8 km
Margaret Jenkins ElementaryElementary2.0 km
Victor SchoolK-122.2 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 (2)

  • The Oaks Restaurant · 2250 Oak Bay Avenue441 m
  • Bon Sushi · 1467 Hampshire Road557 m

Cafes (5+)

  • Ottavio · 2272 Oak Bay Avenue389 m
  • Windsor Cafe · 2540 Windsor Road450 m
  • Hide & Seek Coffee · 2207 Oak Bay Avenue540 m
  • Oak Bay Marina Coffee House568 m
  • Starbucks595 m

Grocery (1)

  • Fairway Market Athlone Court · 2187 Oak Bay Avenue605 m

Parks (5+)

  • Haynes Park · 1499 Beach Drive125 m
  • Firefighter's Park333 m
  • Queen’s Park422 m
  • Bowker Creek Walkway583 m
  • Windsor Park · 2451 Windsor Road597 m

Pharmacies (2)

  • Fort Royal Pharmacy · 2217 Oak Bay Avenue525 m
  • Pharmasave · 2200 Oak Bay Avenue550 m

Banks & ATMs (5+)

  • RBC · 2255 Oak Bay Avenue450 m
  • CIBC · 2224 Oak Bay Avenue506 m
  • BMO · 2219 Oak Bay Avenue514 m
  • Unnamed575 m
  • Scotiabank575 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,130,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$4,520,000.00
Periodic payment — Principal & Interest (monthly)$29,161.51
Additional monthly expenses (strata, tax, utilities, etc.)$3,752.74
Total monthly cost$32,914.25
Interest paid over 5-yr term$1,295,444.99
Balance at end of term$4,065,754.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,130,000
Stress test qualifying rate8.09%
Payment you must qualify for$34,757.22

Cash Needed at Closing

Minimum down payment$1,130,000
Estimated BC PTT$200,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,332,000

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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