Property Type: Condo / ApartmentOwnership: Strata

401 1665 Oak Bay Ave

Victoria, BC V8R1B5

$500,000

2 bed2 bath1 parking1,256 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,114 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$570/mo
Annual property tax
$2,690.33

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None
Appliances
Range - Electric, Dishwasher, Microwave

Building

Parcel ID (PID)
000-441-996

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Restrictions & Policies

Pets
Allowed with restrictions
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
BedroomMain level14' x 10'
Eating areaMain level9' x 9'
Living roomMain level19' x 14'
KitchenMain level10' x 8'
BedroomMain level13' x 15'
BathroomMain level3-Piece
BathroomMain level2-Piece
BalconyMain level19' x 8'

Listing Information

MLS®
1036467
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
September 1, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

TOP FLOOR CORNER unit in the sought-after Oak Bay Junction/Rockland area! 2bed/2bath offering 1256 sq ft of bright & inviting living spaces featuring a warm wood tone kitchen leading to the dining area with West facing window and overlooking greenery. The primary bedroom boasts a huge walk-through closet & private ensuite. A favourite detail is the enclosed balcony perched in the trees. Beautiful when in full bloom & makes a great space for relaxation, studio, container gardening, office space, or more entertaining! This 55+ community, has been well maintained & offers a party room, reading lounge, workshop, storage locker & covered parking. Steps from Oak Bay Village with charming shops, cafes, restaurants, grocery, Library & minutes to Oak Bay Marina, downtown, Rec Center, Cook St Village, Jubilee Hospital & scenic parks. Experience the vibrant community & incredible walkability of this desirable location blending comfort, convenience, and charm. Reach out today to view! (id:63159)

Values & Trends

This listing

$398/sqft

Building average

$501/sqft

1 active listing(s)

Fairfield East average

$692/sqft

2 active listing(s)

Parking: 1 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

Mainly Clear

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 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
Sundance-Bank ElementaryElementary410 m
Glenlyon Norfolk School(Independent)K-12700 m
Victor SchoolK-12738 m
St Patrick's School(Independent)Elementary1.0 km
Central Middle SchoolElementary1.1 km
Victoria HighElementary1.1 km
Margaret Jenkins ElementaryElementary1.2 km
Oak Bay SecondarySecondary1.2 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

Restaurants (5+)

  • CairoMum · 1807 Fort Street454 m
  • Tartan Toque · 1507 Pandora Avenue459 m
  • Confit · 1871 Oak Bay Avenue507 m
  • White Heather Tea Room · 1885 Oak Bay Avenue528 m
  • White Spot · 1871 Fort Street667 m

Cafes (4)

  • QV Coffee House · 1769 Fort Street380 m
  • Shine Cafe · 1548 Fort Street407 m
  • Discovery Coffee · 1964 Oak Bay Avenue718 m
  • Good Earth Coffeehouse · 1971 Oak Bay Avenue773 m

Grocery (1)

  • Urban Grocer186 m

Parks (5+)

  • Terrace Park · 1002 Terrace Avenue230 m
  • Verrinder Park · 1551 Oak Bay Avenue258 m
  • Leighton Green262 m
  • Scurrah Green · 1580 Fort Street326 m
  • Fern Street Park · 1819 Fern Street333 m

Gyms (2)

  • Arbutus Physiotherapy · 1928 Oak Bay Avenue639 m
  • Six Factors Fitness · 1931 Lee Avenue777 m

Pharmacies (3)

  • Shoppers Drug Mart158 m
  • I.D.A. · 1775 Fort Street389 m
  • Fort Royal Pharmacy · 1803 Fort Street442 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM303 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 401 1665 Oak Bay Ave

View building profile →
Built 1975

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($25,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$400,000.00
Periodic payment — Principal & Interest (monthly)$2,580.66
Additional monthly expenses (strata, tax, utilities, etc.)$857.19
Total monthly cost$3,437.86
Interest paid over 5-yr term$114,641.15
Balance at end of term$359,801.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$25,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,652.58

Cash Needed at Closing

Minimum down payment$25,000
Estimated BC PTT$8,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,500

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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