916 Monterey Ave
Oak Bay, BC V8S4V2
$1,799,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5,537 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,129.18
Interior
- Heating
- Forced air, Heat Recovery Ventilation (HRV), Natural gas, Other
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 3'7 x 8'4 |
| Bathroom | Lower level | 3-Piece |
| Bedroom | Lower level | 9'10 x 9'10 |
| Laundry room | Lower level | 14'1 x 6'6 |
| Bedroom | Lower level | 9'7 x 10'2 |
| Family room | Lower level | 14'10 x 22'4 |
| Bedroom | Main level | 12'10 x 11'9 |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | 9'2 x 12'11 |
| Kitchen | Main level | 14'6 x 9'8 |
| Dining room | Main level | 6'11 x 11'2 |
| Living room | Main level | 14'9 x 17'4 |
| Studio | Main level | 24'6 x 12'7 |
Listing Information
- MLS®
- 1043967
- Listed
- July 22, 2026
- Time on market
- On the market for 40 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Camosun · Data source: CREA DDF.
Description
By Appointment Only - Classic South Oak Bay living with the space and flexibility today’s families want. Located in one of Victoria's most sought-after neighbourhoods, this updated character home blends charm with thoughtful upgrades. The main level is designed for connection, with a renovated open-concept kitchen, dining area, and living room centred around a wood-burning fireplace. French doors open to a west-facing deck and heated patio, ideal for summer dinners and easy indoor-outdoor entertaining. Upstairs are two spacious bedrooms, while the lower level offers two more bedrooms and a generous rec room, perfect as a children’s play space, media room, or teen retreat. A backyard studio adds flexibility for a home office, gym, or creative space. Enjoy renovated bathrooms, heated tile baths, HVAC heating/cooling, newer appliances, custom finishings, garage, storage, fenced yard, driveway, re-stuccoed exterior, and recent survey. Close to beaches, parks, schools, and Oak Bay Village. (id:63159)
Values & Trends
This listing
$676/sqft
Building average
—
No other active listings in this building
South Oak Bay average
$917/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
22
5/9 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 | 131 m |
| Glenlyon Norfolk School(Independent) | K-12 | 1.1 km |
| Margaret Jenkins Elementary | Elementary | 1.2 km |
| Oak Bay Secondary | Secondary | 1.3 km |
| Sundance-Bank Elementary | Elementary | 1.4 km |
| St Patrick's School(Independent) | Elementary | 1.7 km |
| Ecole Willows Elementary | Elementary | 1.9 km |
| Victor School | K-12 | 2.2 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 (1)
- Bon Sushi · 1467 Hampshire Road769 m
Cafes (4)
- Demitasse Cafe · 2164 McNeill Avenue237 m
- Unnamed410 m
- Windsor Cafe · 2540 Windsor Road739 m
- Hide & Seek Coffee · 2207 Oak Bay Avenue798 m
Parks (3)
- Lafayette Park · 2200 Lafayette Street553 m
- Windsor Park · 2451 Windsor Road648 m
- Cochrane's Common741 m
Pharmacies (1)
- Fort Royal Pharmacy · 2217 Oak Bay Avenue795 m
Banks & ATMs (4)
- RBC · 2255 Oak Bay Avenue788 m
- BMO · 2219 Oak Bay Avenue793 m
- TD798 m
- Unnamed799 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($359,800) — 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.