3400 Upper Terrace Rd
Oak Bay, BC V8R6E6
$2,489,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 13,648 square feet
- Zoning
- Residential
R-2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $10,901.38
Interior
- Heating
- Heat Pump, Forced air, Electric
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | 2-Piece |
| Patio | Other | 23'5 x 25'8 |
| Storage | Lower level | 14'1 x 10'8 |
| Laundry room | Lower level | 8'2 x 16'8 |
| Recreation room | Lower level | 18'9 x 30'3 |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | 13'2 x 14'7 |
| Bedroom | Second level | 9'7 x 11'1 |
| Bedroom | Second level | 10'10 x 12'8 |
| Ensuite | Second level | 4-Piece |
| Primary Bedroom | Second level | 12'3 x 13'4 |
| Bathroom | Main level | 2-Piece |
| Office | Main level | 15'10 x 15'9 |
| Kitchen | Main level | 11'7 x 16'3 |
| Family room | Main level | 10'10 x 14'7 |
| Dining room | Main level | 13'9 x 15'7 |
| Living room | Main level | 15'7 x 22'8 |
| Entrance | Main level | 14'7 x 18'10 |
Listing Information
- MLS®
- 1042541
- Listed
- July 9, 2026
- Time on market
- On the market for 53 days
- Data last synced
- August 28, 2026
Listing provided by: The Agency · Data source: CREA DDF.
Description
Set on a quiet, tree-lined curve in the heart of the Uplands, this classic Tudor residence offers timeless architecture, exceptional privacy, and a rare sense of calm. Framed by mature landscaping and positioned on a beautifully proportioned lot, the home blends storybook charm with light-filled interiors and thoughtful updates that respect its original character. Inside, warm hardwood floors, elegant sightlines, and generous principal rooms create an inviting atmosphere ideal for both everyday living and entertaining. The living and dining areas flow naturally, anchored by traditional fireplaces and large windows that bring in soft, natural light. The kitchen is bright and functional, offering excellent workspace while remaining true to the home’s classic aesthetic. Upstairs, the bedrooms are peaceful and well-proportioned, including a spacious primary retreat and versatile secondary rooms ideal for family, guests, or a home office. A charming upper flex space adds further flexibility as a reading room, studio, or children’s retreat. The bathrooms are clean, bright, and timeless, complementing the home’s overall warmth and authenticity. The lower level extends the living space with a comfortable rec room, perfect for movie nights, games, or a casual family hangout. A separate exterior entrance to the basement adds valuable flexibility for guests, teenagers, extended family, or potential suite considerations. Outdoors, the southwest-facing backyard enjoys excellent afternoon and evening sun, creating a bright and welcoming setting for relaxing, gardening, or entertaining. Mature trees and established landscaping provide a sense of privacy and tranquility that is increasingly rare. A true Uplands classic, this is a home that offers not only architectural beauty, but a lifestyle defined by quiet elegance, functional space, and enduring appeal. (id:63159)
Values & Trends
This listing
$751/sqft
Building average
—
No other active listings in this building
Uplands average
$649/sqft
18 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| Ecole Willows Elementary | Elementary | 1.6 km |
| Frank Hobbs Elementary | Elementary | 1.7 km |
| St. Michaels University School(Independent) | K-12 | 1.8 km |
| Artemis Place Secondary(Independent) | Secondary | 1.9 km |
| Lansdowne Middle School | Middle | 2.0 km |
| Campus View Elementary | Elementary | 2.2 km |
| Oak Bay Secondary | Secondary | 2.4 km |
| Arbutus Global Middle School | Elementary | 2.4 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+)
- Unnamed43 m
- Unnamed153 m
- Unnamed256 m
- Midland Circle333 m
- Unnamed399 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
999 m away
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($497,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.