Property Type: Detached HouseOwnership: FreeholdRECENTLY LISTED

3315 Ripon Rd

Oak Bay, BC V8R6G6

$2,200,000

4 bed3 bath3 parking3,763 sqftBuilt 1945
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Property Details

Property & Lot

Sub-type
House
Lot size
15,961 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,142.37

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
3 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
SunroomLower level13'8 x 19'5
OtherAdditional Accommodation11'6 x 13'5
StorageLower level
BathroomLower level3-Piece
BedroomLower level12'8 x 19'10
DenLower level13'4 x 11'5
Recreation roomLower level13'6 x 27'8
BedroomMain level11'8 x 13'6
BedroomMain level13'9 x 13'4
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Primary BedroomMain level23'7 x 13'7
KitchenMain level13'8
Dining roomMain level13'6 x 11'9
Living roomMain level13'7
EntranceMain level5'6 x 8'7

Listing Information

MLS®
1047760
Listed
August 26, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

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

Description

If you want to be in the Uplands, opportunities like this rarely come to market. Set on a tranquil, park-like lot just under 16,000 sq ft, 3315 Ripon Rd offers an exceptional chance to secure one of Victoria’s most historic and protected addresses. The value here is unmistakably in the land — a generous, private footprint surrounded by winding, tree-lined streets and landmark estates. The existing home, with over 3,750 finished sq ft and four bedrooms, provides a substantial foundation for those considering a major transformation. Whether you envision a comprehensive redesign or a complete rebuild, the scale of the lot and the prestige of the neighbourhood create the perfect canvas for a custom architectural residence. This is about lifestyle as much as it is about location. You’re steps from Uplands Park, Willows Beach, Oak Bay Village, and the Royal Victoria Yacht Club — a rare blend of nature, recreation, and coastal elegance. Bring your architect, bring your vision, and build a legacy in one of Victoria’s most coveted communities. (id:63159)

Values & Trends

This listing

$585/sqft

Building average

No other active listings in this building

Uplands average

$659/sqft

18 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

7

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
Ecole Willows ElementaryElementary1.7 km
Frank Hobbs ElementaryElementary1.8 km
Artemis Place Secondary(Independent)Secondary2.2 km
St. Michaels University School(Independent)K-122.2 km
Lansdowne Middle SchoolMiddle2.3 km
Oak Bay SecondarySecondary2.5 km
Arbutus Global Middle SchoolElementary2.5 km
Campus View ElementaryElementary2.6 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

Parks (5+)

  • Loon Bay Park266 m
  • Midland Circle290 m
  • Unnamed348 m
  • Unnamed356 m
  • Unnamed387 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($440,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,760,000.00
Periodic payment — Principal & Interest (monthly)$11,354.92
Additional monthly expenses (strata, tax, utilities, etc.)$1,199.86
Total monthly cost$12,554.79
Interest paid over 5-yr term$504,421.06
Balance at end of term$1,583,125.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$440,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,533.78

Cash Needed at Closing

Minimum down payment$440,000
Estimated BC PTT$44,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,500

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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