626 Monterey Ave
Oak Bay, BC V8S4T9
$2,995,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,780 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $11,602.15
Interior
- Heating
- Heat Pump, Heat Recovery Ventilation (HRV), Natural gas
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | — |
| Ensuite | Other | 3-Piece |
| Bedroom | Additional Accommodation | — |
| Bathroom | Lower level | 3-Piece |
| Sauna | Lower level | — |
| Ensuite | Lower level | 6-Piece |
| Primary Bedroom | Lower level | — |
| Media | Lower level | — |
| Laundry room | Lower level | — |
| Bedroom | Second level | — |
| Kitchen | Main level | — |
| Family room | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1047327
- Listed
- August 20, 2026
- Time on market
- On the market for 11 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.
Description
One of a kind, sustainable masterpiece! Located just steps from the beach in prestigious South Oak Bay, this modern gem excites the senses and truly is a unique work of art. Choosing natural, organic and sustainable materials, master craftsmen and artisans curated a home of exceptional quality, nourishing the soul and supporting physical and mental well being, in harmony with nature. Offering three luxurious levels of living for the environmentally conscious couple, seeking state of the art amenities, the home is ideal for indoor outdoor living from its sensational gourmet kitchen and expansive open floor plan to the spacious walk-out deck, inviting alfresco fetes. Among The unusual features is a totem pole (which can be removed - not structural) and etched glass panels designed by award winning master carver, First Nations artist Klatle-bhi. Every season is honoured in the professionally landscaped garden designed by Demitasse with transcendent, meandering stone walkways and offering a fabulous array of exquisite perennials, shrubs and graceful trees. The property is private, fully fenced (Red Balau hardwood) and secured by two automated gates. Finished to the same exacting standards, the separate guest house provides a comfortable hermitage to a family member, boasting its own custom three piece bath, deck and pergola laced with red and green grape vines. Bathed in natural light by day and dramatically illuminated by night, noetic purchasers appreciative of the home's gravitas, are encouraged to view twice in both lights. Situated on the ''beach block'', located close to the Victoria Golf Club, Victoria's finest private and public schools, parks, shopping, surround yourself in the unparalleled beauty and unequalled lifestyle in one of Canada's finest neighbourhoods. (id:63159)
Values & Trends
This listing
$1,070/sqft
Building average
—
No other active listings in this building
South Oak Bay average
$899/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 | 292 m |
| Margaret Jenkins Elementary | Elementary | 1.1 km |
| Glenlyon Norfolk School(Independent) | K-12 | 1.2 km |
| Oak Bay Secondary | Secondary | 1.7 km |
| Sundance-Bank Elementary | Elementary | 1.7 km |
| St Patrick's School(Independent) | Elementary | 2.0 km |
| Ecole Willows Elementary | Elementary | 2.3 km |
| Sir James Douglas Elementary | Elementary | 2.4 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)
- Unnamed292 m
- Demitasse Cafe · 2164 McNeill Avenue553 m
Parks (4)
- Lafayette Park · 2200 Lafayette Street158 m
- Walbran Park633 m
- Anderson Hill Park665 m
- Gonzales Hill Regional Park · 302 Denison Road716 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($599,000) — 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.