Property Type: TownhouseOwnership: StrataNEW LISTING

2 3022 Cadboro Bay Rd

Oak Bay, BC V8R5J9

$2,050,000

3 bed3 bath2 parking2,103 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Style
Contemporary
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$292/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Forced air, Electric, Other
Cooling / A/C
Central air conditioning, Fully air conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave, Freezer, Oven - Built-In

Exterior & Lot

View
Mountain view
Lot features
Level lot, Other

Building

Parcel ID (PID)
032-830-521

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level10'3 x 8'6
PatioMain level13'0 x 13'0
BathroomSecond level4-Piece
BedroomSecond level10'5 x 11'0
BedroomSecond level11'5 x 9'2
EnsuiteSecond level10'4 x 9'9
Primary BedroomSecond level15'5 x 15'6
KitchenMain level10'8 x 15'3
Dining roomMain level12'10 x 8'7
Living roomMain level15'5 x 15'0
BathroomMain level2-Piece
EntranceMain level15'5 x 7'0

Listing Information

MLS®
1048177
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Alexandrite Real Estate Ltd. · Data source: CREA DDF.

Description

Brand new luxury townhome in coveted Oak Bay. This 3 bed, 3 bath residence showcases superior ICF construction, triple-glazed windows & a private elevator servicing both levels for exceptional accessibility & lasting value. Soaring 10'6'' main & 9' and 10' upper ceilings create airy elegance throughout. Chef's kitchen with premium Miele appliances, custom millwork & quartz counters flows to a gas fireplace-warmed living room and 13'x13' south facing private patio—ideal for entertaining. The expansive primary suite features walk-in closet & spa-inspired ensuite with dual vanities. Two additional bedrooms, dedicated laundry & full bath complete the upper level. High-efficiency heat pump with built-in air purification ensures year-round comfort & superior air quality. Oversized double garage, designer finishes & uncompromising craftsmanship throughout. Refined West Coast lifestyle moments from beaches, UVic & Golf, Marinas as well as Oak Bay, Estevan and Cadboro Bay Village amenities. (id:63159)

Values & Trends

This listing

$975/sqft

Building average

$951/sqft

1 active listing(s)

Estevan average

$984/sqft

3 active listing(s)

Parking: 2 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

26

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
Ecole Willows ElementaryElementary944 m
Artemis Place Secondary(Independent)Secondary1.2 km
Lansdowne Middle SchoolMiddle1.3 km
St. Michaels University School(Independent)K-121.5 km
St Patrick's School(Independent)Elementary1.6 km
Oak Bay SecondarySecondary1.6 km
Oaklands ElementaryElementary2.0 km
Victoria School for Ideal Education(Independent)Elementary/Middle2.1 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 (4)

  • Machi Sushi · 2583 Cadboro Bay Road729 m
  • AsUsual Cafe · 2510 Estevan Avenue793 m
  • The Village Estevan Restaurant · 2518 Estevan Avenue798 m
  • Hot House Pizza799 m

Cafes (1)

  • Pure Vanilla Bakery and Cafe726 m

Grocery (2)

  • The Old Farm Market · 2585 Cadboro Bay Road712 m
  • Farmy Market · 2897 Foul Bay Road776 m

Parks (5+)

  • Oakdowne Park257 m
  • Unnamed459 m
  • Nottingham Park463 m
  • Thompson/Topp Park476 m
  • Carnarvon Park652 m

Gyms (1)

  • Curves · 2545 Musgrave Street772 m

Banks & ATMs (1)

  • Instacoin ATM780 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 2 3022 Cadboro Bay Rd

View building profile →
Built 2026

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($410,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,640,000.00
Periodic payment — Principal & Interest (monthly)$10,580.72
Additional monthly expenses (strata, tax, utilities, etc.)$397.00
Total monthly cost$10,977.72
Interest paid over 5-yr term$470,028.71
Balance at end of term$1,475,185.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$410,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,611.03

Cash Needed at Closing

Minimum down payment$410,000
Estimated BC PTT$39,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$451,000

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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