Property Type: Detached HouseOwnership: FreeholdNEW LISTING

3558 Redwood Ave

Oak Bay, BC V8P4Z7

$1,298,000

4 bed3 bath4 parking2,160 sqftBuilt 1964
41
Walk Score
50
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Property Details

Property & Lot

Sub-type
House
Lot size
8,603 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,312.97

Interior

Heating
Forced air, Natural gas, Wood
Cooling / A/C
None
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Dishwasher, Dryer, Microwave

Exterior & Lot

Lot features
Private setting, Irregular lot size, See remarks, Other

Building

Parcel ID (PID)
003-411-346

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
StorageMain level4'10 x 8'8
BathroomSecond level12'8 x 4'11
BedroomSecond level11'8 x 14'7
BedroomSecond level16'7 x 9'10
EnsuiteSecond level6'2 x 4'11
Primary BedroomSecond level11'9 x 19'4
Laundry roomMain level6'4 x 11'3
BathroomMain level5'6 x 5'10
BedroomMain level18'2 x 11'3
KitchenMain level10'2 x 17'0
Dining roomMain level14'2 x 10'3
Living roomMain level14'11 x 20'0
EntranceMain level9'4 x 5'10
PorchMain level4'4 x 6'4

Listing Information

MLS®
1047749
Listed
September 9, 2026
Time on market
On the market for 4 days
Data last synced
September 13, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Welcome to 3558 Redwood Avenue, a spacious Henderson home with a layout that simply works for family life. Set on a sought-after street surrounded by mature landscaping, this well-maintained home offers room to grow, entertain, and enjoy for years to come. The bright main level features a generous living room with fireplace, well-proportioned kitchen and dining area, and warm hardwood floors. French doors open to the south-facing deck, creating an inviting extension of the living space for summer dinners, barbecues, and relaxing in the sunshine. A main-level bedroom adds flexibility for guests, a home office, or family members. Upstairs are three generous bedrooms and two bathrooms, including a spacious primary. A substantial crawl space provides exceptional storage, while the double garage offers secure parking and more room for belongings. Established gardens add privacy and appeal. Just a short stroll to Mt. Tolmie Park and UVic, with schools, recreation, shopping, and everyday amenities nearby. (id:63159)

Values & Trends

This listing

$601/sqft

Building average

No other active listings in this building

Henderson average

$712/sqft

8 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

16°C

Humidity 66%

Wind W 25 km/h

Tonight

12°

Monday

16°

Monday night

11°

Tuesday

20°

Tuesday night

10°

Wednesday

22°

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.

Nearby Schools

SchoolTypeDistance
St. Michaels University School(Independent)K-12923 m
Campus View ElementaryElementary928 m
Doncaster ElementaryElementary1.4 km
Mount Douglas SecondarySecondary1.5 km
Lansdowne Middle SchoolMiddle1.6 km
Artemis Place Secondary(Independent)Secondary1.6 km
Cedar Hill MiddleElementary1.6 km
Frank Hobbs ElementaryElementary1.6 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

Cafes (1)

  • Mac's727 m

Parks (5+)

  • Mount Tolmie Park371 m
  • Gyro-Henderson Park446 m
  • Henderson Recreation Centre · 2291 Cedar Hill Cross Road570 m
  • Horner Park715 m
  • Rendle Green798 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,038,400.00
Periodic payment — Principal & Interest (monthly)$6,699.40
Additional monthly expenses (strata, tax, utilities, etc.)$717.41
Total monthly cost$7,416.82
Interest paid over 5-yr term$297,608.42
Balance at end of term$934,044.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,175.29

Cash Needed at Closing

Minimum down payment$104,800
Estimated BC PTT$23,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$130,260

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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