Property Type: Land / LotOwnership: Freehold

176 Barkley Terr

Oak Bay, BC V8S2J6

$2,100,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
11,022 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$9,523

Interior

Heating
Other
Fireplace
None

Exterior & Lot

View
Ocean view

Parking

Features
Garage

Listing Information

MLS®
1020682
Listed
November 18, 2025
Time on market
On the market for 286 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Extremely rare SW-facing, spectacular ocean-view building lot in Oak Bay. See drone video! Overgrowth on property has been removed to create access. Build your dream home on one of Victoria's most prestigious streets or develop the property under the new municipal bylaws which permit 4 homes. Conceptual renderings and floor plans available. Large, sunny SW-facing lot with endless possibilities. Last undeveloped lot on Barkley Terrace. This opportunity will not come along again. Note, price of $2,100,000 is for land only. LA has interest. (id:63159)

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

19

3/9 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
Margaret Jenkins ElementaryElementary708 m
Monterey Middle SchoolElementary1.0 km
Glenlyon Norfolk School(Independent)K-121.1 km
Sir James Douglas ElementaryElementary1.9 km
Sundance-Bank ElementaryElementary1.9 km
Oak Bay SecondarySecondary2.2 km
Central Middle SchoolElementary2.3 km
St Patrick's School(Independent)Elementary2.4 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

Cafes (1)

  • The Teahouse at Abkhazi Garden · 1964 Fairfield Road596 m

Parks (5+)

  • Walbran Park153 m
  • Unnamed282 m
  • Gonzales Hill Regional Park · 302 Denison Road287 m
  • Quimper Park · 2115 Quimper Street370 m
  • Gonzales Green · 1845 Crescent Road386 m

Pharmacies (1)

  • Gonzales Pharmacy · 1845 Fairfield Road635 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($420,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,680,000.00
Periodic payment — Principal & Interest (monthly)$10,838.79
Additional monthly expenses (strata, tax, utilities, etc.)$793.58
Total monthly cost$11,632.37
Interest paid over 5-yr term$481,492.83
Balance at end of term$1,511,165.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$420,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,918.61

Cash Needed at Closing

Minimum down payment$420,000
Estimated BC PTT$41,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,500

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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