Property Type: Condo / ApartmentOwnership: Strata

305 1270 Beach Dr

Oak Bay, BC V8S2N3

$500,000

2 bed1 bath1,020 sqftBuilt 1957
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
19,440 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$525/mo
Annual property tax
$58,179.52

Interior

Heating
Hot Water
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Ocean view

Restrictions & Policies

Pets
Not allowed
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
KitchenMain level7'5 x 7'7
Living roomMain level13'2 x 20'0
Dining roomMain level7'9 x 8'1
BedroomMain level15'4 x 9'8
BedroomMain level14'8 x 10'1
OtherMain level3'11 x 17'11
EntranceMain level8'9 x 8'9

Listing Information

MLS®
1043177
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

Opportunities like this rarely come to market. Tucked into one of Victoria’s most desirable seaside neighbourhoods, this unique offering combines exceptional value, lifestyle, and flexibility — all without property transfer tax or vacancy tax, and with annual property taxes included. Set within a beautifully maintained building, this top-floor two-bedroom corner suite offers 1,020 sq. ft. of bright, inviting living space. Large windows and skylights flood the home with natural light, highlighting the hardwood floors and airy open layout. The spacious living room captures ocean views, creating the perfect backdrop for relaxed coastal living. Co-op units in Oak Bay are rare, offering a chance to enjoy this coveted lifestyle at a price point well below comparable strata properties. Enjoy thoughtful amenities including kayak storage, secure e-bike storage, and an unbeatable location moments from Windsor Park, Oak Bay Marina, Willows Beach, and Oak Bay Village. Reach out to the Modern Real Estate Team for more information or book your private showing today! (id:63159)

Values & Trends

This listing

$490/sqft

Building average

$614/sqft

1 active listing(s)

South Oak Bay average

$816/sqft

10 active listing(s)

Parking: Not indicatedStorage 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

19

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 SchoolElementary1.0 km
Oak Bay SecondarySecondary1.5 km
Ecole Willows ElementaryElementary1.6 km
St Patrick's School(Independent)Elementary2.0 km
Sundance-Bank ElementaryElementary2.1 km
Glenlyon Norfolk School(Independent)K-122.1 km
Margaret Jenkins ElementaryElementary2.2 km
Victor SchoolK-122.9 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 (3)

  • Oak Bay Marina Coffee House250 m
  • FARO273 m
  • Windsor Cafe · 2540 Windsor Road413 m

Parks (5+)

  • Marina Park53 m
  • Native Plant Garden236 m
  • Queen’s Park328 m
  • Windsor Park · 2451 Windsor Road402 m
  • Haynes Park · 1499 Beach Drive624 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 305 1270 Beach Dr

View building profile →
Built 1957

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$400,000.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$5,424.29
Total monthly cost$8,004.96
Interest paid over 5-yr term$114,641.15
Balance at end of term$359,801.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

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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