Property Type: Detached HouseOwnership: Freehold

218 Beach Dr

Oak Bay, BC V8S2M1

$2,299,900

6 bed3 bath5 parking3,306 sqftBuilt 1946
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Property Details

Property & Lot

Sub-type
House
Lot size
9,090 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,402.49

Interior

Heating
Forced air, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view, Ocean view, Valley view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
PatioLower level
PatioLower level
Laundry roomLower level
BedroomLower level
StorageLower level
BedroomLower level
Family roomLower level
BathroomLower level3-Piece
Utility roomLower level
KitchenAdditional Accommodation
PatioLower level
BedroomSecond level
EnsuiteSecond level5-Piece
Primary BedroomSecond level
BedroomMain level
BedroomMain level
BathroomMain level4-Piece
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1044173
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Life by the beach in Oak Bay! 218 Beach Dr pairs classic character with an easy coastal lifestyle, set on a sunny 9,000 sqft corner lot just steps from the beach. Ocean views, mature landscaping and a private garden with fruit trees create a beautiful and private setting. The bright kitchen features stainless appliances and opens to a sunny deck, perfect for morning coffee or evening unwinding. Upstairs, the primary suite captures lovely water views and offers a walk in closet plus a spa inspired ensuite with heated marble floors, clawfoot tub, double vanity and shower. A second upper bedroom makes a charming nursery, office or guest room. The main level adds two beds and a full bath with heated floors and jetted tub. Downstairs, the fully self contained two bedroom suite has its own sunny patio, making it a valuable mortgage helper. A double garage, metal roof, gas furnace, on demand hot water, vinyl windows, French doors and refinished hardwood complete this rare seaside offering. (id:63159)

Values & Trends

This listing

$696/sqft

Building average

No other active listings in this building

South Oak Bay average

$916/sqft

23 active listing(s)

Parking: 5 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

2/9 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 SchoolElementary695 m
Margaret Jenkins ElementaryElementary1.0 km
Glenlyon Norfolk School(Independent)K-121.3 km
Sundance-Bank ElementaryElementary2.0 km
Oak Bay SecondarySecondary2.0 km
Sir James Douglas ElementaryElementary2.3 km
St Patrick's School(Independent)Elementary2.4 km
Central Middle SchoolElementary2.6 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)

  • Unnamed604 m

Parks (5+)

  • Lafayette Park · 2200 Lafayette Street246 m
  • Walbran Park307 m
  • Trafalgar Park505 m
  • Gonzales Hill Regional Park · 302 Denison Road588 m
  • Unnamed612 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($459,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,839,920.00
Periodic payment — Principal & Interest (monthly)$11,870.54
Additional monthly expenses (strata, tax, utilities, etc.)$1,031.87
Total monthly cost$12,902.41
Interest paid over 5-yr term$527,326.36
Balance at end of term$1,655,013.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$459,980
Stress test qualifying rate8.09%
Payment you must qualify for$14,148.34

Cash Needed at Closing

Minimum down payment$459,980
Estimated BC PTT$46,997
Legal / closing costs (typical estimate)$1,500
Total cash needed$508,477

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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