Property Type: Detached HouseOwnership: Freehold

3445 Beach Dr

Oak Bay, BC V8R6M6

$9,495,000

5 bed9 bath4 parking10,486 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Lot size
1.07 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$68,137.48

Interior

Heating
Heat Pump, Baseboard heaters, Electric, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (4)

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PatioLower level
OtherLower level
OtherLower level
Exercise roomLower level
StorageLower level
StorageSecond level
Sitting roomSecond level
OtherSecond level
EnsuiteSecond level3-Piece
BedroomSecond level
EnsuiteSecond level3-Piece
BedroomSecond level
BathroomSecond level4-Piece
BedroomSecond level
BalconyMain level
PatioMain level
BalconyMain level
PatioMain level
EntranceMain level
PantryMain level
Dining roomMain level
EntranceMain level
Living roomMain level
EnsuiteMain level4-Piece
BathroomMain level2-Piece
BedroomMain level
WorkshopMain level
Laundry roomMain level
BathroomMain level2-Piece
OfficeMain level
BathroomMain level2-Piece
PantryMain level
EnsuiteMain level5-Piece
Primary BedroomMain level
Family roomMain level
KitchenMain level
Eating areaMain level
LibraryMain level
BathroomMain level2-Piece
Mud roomMain level
StorageMain level

Listing Information

MLS®
1044532
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Victoria · Data source: CREA DDF.

Description

Welcome to Greystone, one of Uplands finest waterfront estates, deserving of the title “Best in Class”! Masterfully envisioned with builder Mike Knight, this 1.6-acre sanctuary offers sweeping views over the Victoria Yacht Club & sheltered, direct ocean access from artfully landscaped grounds. The land was selected for its natural protection & exceptional water frontage-one of the finest in Victoria. With over 9,000 sq. ft., every inch was designed for impact-timeless in style, uncompromising in detail. The primary suite is on the main, with separate access to a nanny suite. The den showcases irreplicable mahogany craftsmanship. A key feature is the indoor aquatic centre adjoined to a full workout facility. Designed for privacy and peace of mind, the estate includes a full security system and electronic gate. Entertain in style with a formal dining room and terrace ideal for al fresco gatherings. Every finish and detail were hand-selected to create a home as remarkable as its setting! (id:63159)

Values & Trends

This listing

$905/sqft

Building average

No other active listings in this building

Uplands average

$641/sqft

18 active listing(s)

Parking: 4 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

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
Frank Hobbs ElementaryElementary1.5 km
Ecole Willows ElementaryElementary2.0 km
St. Michaels University School(Independent)K-122.2 km
Arbutus Global Middle SchoolElementary2.2 km
Artemis Place Secondary(Independent)Secondary2.3 km
Campus View ElementaryElementary2.4 km
Lansdowne Middle SchoolMiddle2.4 km
Mount Douglas SecondarySecondary2.7 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+)

  • Costain Green200 m
  • Loon Bay Park296 m
  • Unnamed311 m
  • Unnamed419 m
  • Unnamed459 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,899,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$7,596,000.00
Periodic payment — Principal & Interest (monthly)$49,006.81
Additional monthly expenses (strata, tax, utilities, etc.)$6,202.12
Total monthly cost$55,208.94
Interest paid over 5-yr term$2,177,035.43
Balance at end of term$6,832,626.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,899,000
Stress test qualifying rate8.09%
Payment you must qualify for$58,410.58

Cash Needed at Closing

Minimum down payment$1,899,000
Estimated BC PTT$392,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$2,293,250

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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