Property Type: Condo / ApartmentOwnership: Strata

307 1270 Beach Dr

Oak Bay, BC V8S2N3

$749,000

2 bed2 bath1,219 sqftBuilt 1957
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,219 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$526/mo
Annual property tax
$58,179.52

Interior

Heating
Baseboard heaters, Hot Water, Other
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view, Ocean view
Waterfront
Waterfront on ocean

Parking

Features
Carport

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
PantryMain level
BathroomMain level2-Piece
BedroomMain level
Primary BedroomMain level
BathroomMain level3-Piece
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1040366
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Discover the wonders of Oak Bay living from this extensively renovated northeast-facing top floor suite in Vista Towers, tucked into one of Victoria's most desirable seaside neighbourhoods. Offering 1200+ sf of thoughtfully designed living space, this home blends timeless style with modern comfort. The floor plan features spacious rooms with warm hardwood floors and quality high-end finishes throughout. The principal living areas open onto a private balcony showcasing views of the Oak Bay shoreline. Two generous bedrooms, a full bathroom, and a convenient powder room complete the layout. This is a co-op offering — a sale of Shares of Unit 307 and a lease to occupy Vista Towers Limited — allowing you to enjoy this coveted lifestyle at a price point well below comparable strata properties, with no property transfer tax or speculation tax. The monthly fee includes property taxes, heat, hot water, water. Conveniently located to the Oak Bay Marina, Oak Bay Village & Victoria Golf Club. (id:63159)

Values & Trends

This listing

$614/sqft

Building average

$490/sqft

1 active listing(s)

South Oak Bay average

$803/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 House238 m
  • FARO285 m
  • Windsor Cafe · 2540 Windsor Road405 m

Parks (5+)

  • Marina Park54 m
  • Native Plant Garden249 m
  • Queen’s Park315 m
  • Windsor Park · 2451 Windsor Road397 m
  • Haynes Park · 1499 Beach Drive611 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$5,435.29
Total monthly cost$9,301.13
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

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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