Property Type: Detached HouseOwnership: Freehold

2114 Marne St

Oak Bay, BC V8S4J9

$3,795,000

6 bed4 bath3 parking4,201 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
House
Lot size
11,021 square feet
Zoning
Residential

RS5

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$18,502

Interior

Heating
Heat Pump, Baseboard heaters, Forced air, Natural gas, Other
Cooling / A/C
Central air conditioning, Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
KitchenLower level13'3 x 14'10
PatioMain level10'9 x 21'2
PatioMain level15'9 x 17'3
PatioMain level21'8 x 14'7
BalconySecond level13'3 x 19'8
GymLower level16'4
Recreation roomLower level13'7
StorageLower level21'8
Sitting roomMain level12'2 x 17'6
BedroomLower level16'4
BedroomSecond level13'7
BedroomSecond level11'1 x 13'1
BedroomSecond level17'2 x 13'2
BathroomMain level2-Piece
Laundry roomMain level10' x 11'
Bonus RoomLower level11' x 16'
BedroomLower level11'7 x 16'2
Family roomMain level25'8 x 13'10
BathroomLower level3-Piece
BathroomSecond level4-Piece
BathroomSecond level5-Piece
Primary BedroomSecond level12'6 x 17'5
KitchenMain level14'2 x 15'6
Dining roomMain level11'6 x 15'7
Living roomMain level13'3
OtherLower level7'10

Listing Information

MLS®
1040389
Listed
June 19, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

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

Description

Welcome home to 2114 Marne St. A truly exceptional waterfront offering, this rare low bank, walk on oceanfront estate is set on over a 1/4 acre in one of Oak Bay’s most coveted coastal enclaves. With prized southwest exposure, the property enjoys all day sunshine, spectacular sunsets, and panoramic ocean vistas across an ever changing seascape. The residence spans 3 thoughtfully composed levels, 6 beds/4 baths/over 4200 finished sq/ft and blends timeless West Coast architecture with enduring quality and craftsmanship. Expansive windows capture the ocean from nearly every principal room, while almost 1,300 sq/ft of ocean view decks/patios create a seamless indoor and outdoor living experience. The main level offers bright, open, and flexible living spaces oriented to the extraordinary setting. The lower level, complete with a separate entrance w/full kitchen, provides exceptional versatility for guest accommodation, extended family, or multigenerational living. A private sandy cove anchors the shoreline, offering access for kayaking/paddle boarding/swimming/beach-combing. A waterfront boathouse provides convenient storage, while the dramatic rocky point and long/level waterfront lawn with a gas fire bowl frame the setting for quintessential West Coast sunsets. Extensively upgraded throughout, improvements include: a new kitchen, upgraded building envelope/energy efficient enhancements, new roof, fully renovated bathrooms, new lower level suite w/kitchen, updated electrical/plumbing systems, new flooring, interior/exterior paint, custom window coverings/lighting, and more. Tucked away on a quiet cul de sac on the less busy side of Gonzales Bay, the property offers tranquility and is far removed from through traffic. Rarely does a property combine such coveted SW orientation, walk on beachfront access, private shoreline, architectural pedigree, and comprehensive upgrades. This is Oak Bay waterfront living at it's finest! (id:63159)

Values & Trends

This listing

$903/sqft

Building average

No other active listings in this building

Gonzales average

$1,186/sqft

11 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

11

1/9 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 ElementaryElementary930 m
Monterey Middle SchoolElementary1.4 km
Glenlyon Norfolk School(Independent)K-121.4 km
Sir James Douglas ElementaryElementary1.9 km
Sundance-Bank ElementaryElementary2.2 km
Central Middle SchoolElementary2.4 km
Oak Bay SecondarySecondary2.5 km
St Patrick's School(Independent)Elementary2.7 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

Parks (5+)

  • Unnamed116 m
  • Quimper Park · 2115 Quimper Street143 m
  • Trafalgar Park347 m
  • Walbran Park448 m
  • Gonzales Green · 1845 Crescent Road478 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($759,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,036,000.00
Periodic payment — Principal & Interest (monthly)$19,587.24
Additional monthly expenses (strata, tax, utilities, etc.)$1,751.83
Total monthly cost$21,339.08
Interest paid over 5-yr term$870,126.33
Balance at end of term$2,730,891.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$759,000
Stress test qualifying rate8.09%
Payment you must qualify for$23,345.78

Cash Needed at Closing

Minimum down payment$759,000
Estimated BC PTT$107,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$868,250

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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