Property Type: Condo / ApartmentOwnership: Strata

603 1420 Beach Dr

Oak Bay, BC V8S2N8

$739,000

2 bed2 bath1,257 sqftBuilt 1963
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,257 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,137/mo
Annual property tax
$186,568.83

Interior

Heating
Hot Water
Cooling / A/C
None
Fireplace
None

Parking

Features
Other

Restrictions & Policies

Pets
Not allowed
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
BalconyMain level6'1 x 19'6
Living roomMain level14'6 x 27'1
Dining roomMain level9'4
BedroomMain level12'3 x 9'3
KitchenMain level7'8
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Primary BedroomMain level12'3 x 15'1
EntranceMain level4'1 x 10'7

Listing Information

MLS®
1041949
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Perfectly positioned on prestigious Beach Drive in the heart of South Oak Bay, this exceptional location offers easy access to the shoreline and the very best of coastal living. Welcome to the Rudyard Kipling, where a 2-bedroom, 2-bathroom co-op offers 1,257 sq. ft. of thoughtfully designed living space, complemented by a spacious, inviting patio - ideal for relaxing or entertaining. A sunny southwest exposure fills the home with natural light through oversized windows, creating a warm and welcoming atmosphere throughout. This unit is looking for some updating to the kitchen and bathroom. Enjoy peaceful garden views and picturesque vistas of Windsor Park from the south-facing balcony. Constructed of concrete and steel, this exceptionally well-maintained building offers lasting quality and a strong sense of community. Step outside the lobby and you're just moments from the oceanfront, scenic walking paths, and one of Victoria's most coveted waterfront settings. Oak Bay Village, with its charming boutiques, cafés, restaurants, and everyday amenities, is also just a pleasant stroll away. Restricted to residents aged 19 and over, with no pets or rentals permitted, this sought-after co-op provides a peaceful, well-cared-for environment and an effortless lifestyle in one of South Oak Bay's most desirable locations. Experience carefree coastal living at its finest. Visit Marc’s website for more photos and floor plan or email marc@owen-flood.com (id:63159)

Values & Trends

This listing

$588/sqft

Building average

No other active listings in this building

South Oak Bay average

$806/sqft

10 active listing(s)

Parking: Not indicatedStorage 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

37

6/9 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
Monterey Middle SchoolElementary863 m
Oak Bay SecondarySecondary1.1 km
Ecole Willows ElementaryElementary1.3 km
St Patrick's School(Independent)Elementary1.6 km
Sundance-Bank ElementaryElementary1.7 km
Glenlyon Norfolk School(Independent)K-121.8 km
Margaret Jenkins ElementaryElementary1.9 km
Victor SchoolK-122.5 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 (2)

  • The Oaks Restaurant · 2250 Oak Bay Avenue638 m
  • Bon Sushi · 1467 Hampshire Road716 m

Cafes (5+)

  • Windsor Cafe · 2540 Windsor Road86 m
  • Oak Bay Marina Coffee House339 m
  • Ottavio · 2272 Oak Bay Avenue595 m
  • FARO658 m
  • Hide & Seek Coffee · 2207 Oak Bay Avenue716 m

Grocery (1)

  • Fairway Market Athlone Court · 2187 Oak Bay Avenue776 m

Parks (5+)

  • Queen’s Park162 m
  • Windsor Park · 2451 Windsor Road232 m
  • Haynes Park · 1499 Beach Drive273 m
  • Marina Park436 m
  • Native Plant Garden606 m

Pharmacies (2)

  • Fort Royal Pharmacy · 2217 Oak Bay Avenue701 m
  • Pharmasave · 2200 Oak Bay Avenue744 m

Banks & ATMs (5+)

  • RBC · 2255 Oak Bay Avenue625 m
  • BMO · 2219 Oak Bay Avenue689 m
  • CIBC · 2224 Oak Bay Avenue701 m
  • Unnamed748 m
  • TD751 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$591,200.00
Periodic payment — Principal & Interest (monthly)$3,814.22
Additional monthly expenses (strata, tax, utilities, etc.)$16,747.65
Total monthly cost$20,561.87
Interest paid over 5-yr term$169,439.62
Balance at end of term$531,786.31

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,306.63

Cash Needed at Closing

Minimum down payment$48,900
Estimated BC PTT$12,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,180

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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