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1 920 Island Rd

$1,499,000

South Oak Bay

Townhouse3 bd · 3 ba · 1,749 sqftBuilt 2026$857/sqft16 days on market

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About this home

Winner of a 2026 Gold CARE Award, this is the last available home at Willow Lane, a three-home enclave on one of South Oak Bay’s most sought-after streets. This 3-bedroom plus den residence features a dining room with 18-foot ceilings and a built-in wine bar, along with hardwood floors, custom millwork, and glass railings. A multi-panel sliding door opens the main living area fully to a private west-facing garden, giving you easy indoor-outdoor living with great afternoon sun. The primary suite has a 4-piece ensuite with soaker tub and its own west-facing deck for evening sunsets. The home is very private and EV ready. With the other two homes sold, this is the only remaining opportunity to buy at Willow Lane. Book your private viewing today. (id:65179)

Property details

From the listing's public record.

Year built

2026

Taxes

$0/yr

Strata / HOA

$280/month

Zoning

Residential

Appliances

WasherRefrigeratorDishwasherDryerMicrowave

Heating

Heat PumpBaseboard heatersElectric

Cooling

Fully air conditioned

Lot

Central locationMarine Oriented

Style

Contemporary

Community

Family OrientedPets Allowed With Restrictions

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 13, 2026

    Listed $1,499,000

    Active16 days on marketMLS 1052064

How this listing compares

Based on 16 sales in Oak Bay

Median sold

$1,334,125

Avg days on market

38 days

Avg sale-to-list

99.9%

Avg $/sqft

$703

Price per square foot

This home: $857/sqftArea average: $703/sqft

Above area average

Current market in Oak Bay

Active (same type)

19

Pending

2

All active listings

118

Months of supply

14.2

Buyer's market — 14.2 months of supply at the current sales pace.

Assessment

From publicly available property records.

Homes in Oak Bay sell at 100.2% of assessed value on average.

Based on 9 recent sales.

Recent nearby sales

12 sales
  • 159-2345 Cedar Hill Cross Rd

    $799,900

    3 bd · 2 ba · 2,576 sqft · $311/sqft · 42 days on market

    Sold Oct 9, 2026 · 100% of list

  • 1-3333 Henderson Rd

    $1,412,250

    3 bd · 3 ba · 1,896 sqft · $745/sqft · 9 days on market

    Sold Oct 8, 2026 · 105% of list

  • 1-3513 Henderson Rd

    $1,328,250

    3 bd · 4 ba · 2,000 sqft · $664/sqft · 147 days on market

    Sold Sep 30, 2026 · 100.2% of list

  • 1-2268 Bowker Ave

    $1,400,000

    3 bd · 3 ba · 1,457 sqft · $961/sqft · 71 days on market

    Sold Sep 25, 2026 · 103.7% of list

  • C-786 St. Patrick St

    $1,365,000

    4 bd · 4 ba · 1,929 sqft · $708/sqft · 48 days on market

    Sold Sep 17, 2026 · 100% of list

  • 1-2455 Hamiota St

    $1,525,000

    3 bd · 4 ba · 1,355 sqft · $1,125/sqft · 36 days on market

    Sold Sep 16, 2026 · 98.4% of list

  • A-786 St. Patrick St

    $1,340,000

    4 bd · 4 ba · 1,929 sqft · $695/sqft · 35 days on market

    Sold Sep 8, 2026 · 97.5% of list

  • 2-2456 Tod Rd

    $1,575,000

    3 bd · 4 ba · 1,355 sqft · $1,162/sqft · 6 days on market

    Sold Sep 1, 2026 · 101.6% of list

  • 137-2345 Cedar Hill Cross Rd

    $1,185,000

    2 bd · 2 ba · 2,351 sqft · $504/sqft · 69 days on market

    Sold Aug 31, 2026 · 99.2% of list

  • 1409 Yale St

    $1,250,000

    3 bd · 3 ba · 3,254 sqft · $384/sqft · 31 days on market

    Sold Aug 31, 2026 · 96.3% of list

  • 2112 Granite St

    $1,400,000

    2 bd · 2 ba · 1,995 sqft · $702/sqft · 1 day on market

    Sold Jul 21, 2026 · 109.5% of list

  • 118-2345 Cedar Hill Cross Rd

    $1,100,000

    2 bd · 2 ba · 2,055 sqft · $535/sqft · 50 days on market

    Sold Jul 17, 2026 · 91.8% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,499,000 − $299,800

$1,199,200

Down payment

20.0%

$299,800

Property Transfer Tax

$27,980

Legal / closing (est.)

$1,500

Cash to close

$329,280

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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