Property Type: Detached HouseOwnership: Freehold

2096 Falkland Pl

Oak Bay, BC V8S4M5

$3,937,500

5 bed4 bath4 parking4,198 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
House
Lot size
9,366 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$15,486

Interior

Heating
Forced air, Natural gas, Other
Cooling / A/C
None
Fireplace
Yes (3)

Parking

Total spaces
4 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
EnsuiteSecond level5-Piece
BathroomSecond level4-Piece
BathroomLower level4-Piece
BedroomLower level12'6 x 19'2
Recreation roomLower level13'9 x 13'7
BedroomLower level14'6 x 16'6
Games roomLower level14'6
Primary BedroomSecond level15'3
BedroomSecond level12'5 x 14'5
BedroomSecond level12'9 x 12'6
Living roomMain level16'7
Family roomMain level14'4
Dining roomMain level15'5 x 15'11
EntranceMain level9'1 x 11'11
OfficeMain level13'1 x 18'1
KitchenMain level15'6

Listing Information

MLS®
1031741
Listed
April 12, 2026
Time on market
On the market for 142 days
Data last synced
August 28, 2026

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

Description

Welcome to 2096 Falkland Place, a stately 4,000+ sq ft custom residence nestled on a quiet, highly sought-after cul-de-sac in the heart of South Oak Bay. Purpose-built as the builder’s personal home, every detail reflects uncompromising quality, premium finishes, and a no-expense-spared approach. Upon entering, a soaring vaulted ceiling anchors the heart of the home, enhanced by skylights that flood the space with natural light, while a dramatic catwalk staircase overlooks the living area below. Vaulted ceilings continue into the bedrooms and office, adding to the home’s sense of space and architectural elegance. This 5-bedroom, 3½-bathroom residence boasts two gas fireplaces, including a 50-inch wood-burning fireplace with log lighter, framed in limestone with a custom Craftsman-style mantle creating a commanding focal point. The gourmet kitchen is a chef’s dream, wrapped in custom face-framed cabinetry with two islands, a 48-inch Wolf stove, Sub-Zero refrigerator, and Wolf convection steam oven. Every corner of this residence embodies the perfect balance of architectural artistry, luxurious detail, and functional elegance, a home designed to be lived in, admired, and remembered (id:63159)

Values & Trends

This listing

$938/sqft

Building average

No other active listings in this building

South Oak Bay average

$905/sqft

23 active listing(s)

Parking: 4 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

33

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 SchoolElementary615 m
Glenlyon Norfolk School(Independent)K-12740 m
Sundance-Bank ElementaryElementary919 m
Margaret Jenkins ElementaryElementary940 m
Oak Bay SecondarySecondary997 m
St Patrick's School(Independent)Elementary1.3 km
Ecole Willows ElementaryElementary1.7 km
Victor SchoolK-121.7 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+)

  • Kissako Sushi · 2027 Oak Bay Avenue505 m
  • Tapas on Oak · 2006 Oak Bay Avenue554 m
  • Oak Bay Seafood · 2024 Oak Bay Avenue561 m
  • Bon Sushi · 1467 Hampshire Road596 m
  • Panda Island Chinese Cuisine617 m

Cafes (5+)

  • Demitasse Cafe · 2164 McNeill Avenue262 m
  • Good Earth Coffeehouse · 1971 Oak Bay Avenue537 m
  • Marcelo’s Coffee Shop · 2060 Oak Bay Avenue541 m
  • Discovery Coffee · 1964 Oak Bay Avenue589 m
  • Starbucks621 m

Grocery (1)

  • Fairway Market Athlone Court · 2187 Oak Bay Avenue590 m

Parks (5+)

  • Maddison Green462 m
  • Cochrane's Common512 m
  • Wilmer Green Park513 m
  • Entrance Park · 2001 Oak Bay Avenue518 m
  • Pemberton Park · 1855 Richardson Street632 m

Gyms (2)

  • Spinco Oak Bay · 2005 Oak Bay Avenue528 m
  • Arbutus Physiotherapy · 1928 Oak Bay Avenue625 m

Pharmacies (2)

  • Fort Royal Pharmacy · 2217 Oak Bay Avenue634 m
  • Pharmasave · 2200 Oak Bay Avenue648 m

Banks & ATMs (5+)

  • TD602 m
  • Unnamed606 m
  • Scotiabank633 m
  • BMO · 2219 Oak Bay Avenue640 m
  • CIBC · 2224 Oak Bay Avenue669 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($787,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,150,000.00
Periodic payment — Principal & Interest (monthly)$20,322.73
Additional monthly expenses (strata, tax, utilities, etc.)$1,500.50
Total monthly cost$21,823.23
Interest paid over 5-yr term$902,799.05
Balance at end of term$2,833,435.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$787,500
Stress test qualifying rate8.09%
Payment you must qualify for$24,222.40

Cash Needed at Closing

Minimum down payment$787,500
Estimated BC PTT$114,875
Legal / closing costs (typical estimate)$1,500
Total cash needed$903,875

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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