587 Oliver St
Oak Bay, BC V8S4W2
$3,100,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,650 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,791.71
Interior
- Heating
- Heat Pump, Heat Recovery Ventilation (HRV)
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | 5'6 |
| Bedroom | Main level | 11'4 |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | 11'5 |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | 14'2 x 14'7 |
| Living room | Main level | 15'8 |
| Dining room | Main level | 15'5 x 9'3 |
| Pantry | Main level | 5'3 x 4'4 |
| Kitchen | Main level | 14'7 x 8'7 |
| Bathroom | Main level | 2-Piece |
| Entrance | Main level | 8'3 x 9'2 |
Listing Information
- MLS®
- 1036359
- Listed
- June 25, 2026
- Time on market
- On the market for 67 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Camosun · Data source: CREA DDF.
Description
Welcome to a truly exceptional offering in South Oak Bay — a residence that redefines single-level luxury living. Conceived as the collaborative vision of Rob Sharples and Rothschild West Design, this architecturally refined rancher represents a level of design, craftsmanship, and performance seldom found in today’s market. Purposefully created for those unwilling to compromise, the home delivers seamless indoor-outdoor living through soaring 9’ to 12’ ceilings, clean architectural lines, and a thoughtful floor plan devoted to effortless main-floor living. Every space has been meticulously considered, resulting in a residence that feels both sophisticated and remarkably livable. Offering three bedrooms and three bathrooms, the interiors showcase an extraordinary level of detail. Custom millwork, integrated built-ins, and curated finishes create a sense of understated luxury, while the beautifully crafted banquette dining area serves as both a gathering place and a striking design feature. The primary suite offers a private sanctuary, complete with a spa-inspired ensuite featuring custom oak cabinetry, a heated bench within the zero-edge shower, and a deep soaker tub. Constructed entirely with insulated concrete form (ICF) technology, the home delivers exceptional energy performance, acoustic separation, and long-term durability. Designed to support graceful age-in-place living, it offers the convenience of single-level living without sacrificing comfort or elegance. Positioned just steps from Beach Drive, the residence places South Oak Bay’s most coveted amenities at your doorstep — from the shoreline and Victoria Golf Club to Oak Bay Marina and the village’s boutiques, cafés, and restaurants. This is more than a luxury rancher; it is a rare and highly considered offering that establishes a new benchmark for downsizing in South Oak Bay — where design, performance, and lifestyle converge in one of Victoria’s most prestigious coastal neighbourhoods. (id:63159)
Values & Trends
This listing
$1,615/sqft
Building average
—
No other active listings in this building
South Oak Bay average
$876/sqft
23 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
19
2/9 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 |
|---|---|---|
| Monterey Middle School | Elementary | 346 m |
| Margaret Jenkins Elementary | Elementary | 1.2 km |
| Glenlyon Norfolk School(Independent) | K-12 | 1.4 km |
| Oak Bay Secondary | Secondary | 1.7 km |
| Sundance-Bank Elementary | Elementary | 1.8 km |
| St Patrick's School(Independent) | Elementary | 2.1 km |
| Ecole Willows Elementary | Elementary | 2.3 km |
| Sir James Douglas Elementary | Elementary | 2.6 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 (2)
- Unnamed163 m
- Demitasse Cafe · 2164 McNeill Avenue679 m
Parks (4)
- Lafayette Park · 2200 Lafayette Street232 m
- Anderson Hill Park479 m
- Kitty Islet Park654 m
- Walbran Park725 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($620,000) — 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.





