103 1211 Beach Dr
$1,825,000
South Oak Bay
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About this home
Oceanfront opportunity in South Oak Bay's Twelve Eleven Beach. Unit 103 sits directly on the water in this steel & concrete building, known for its rare waterfront position and enduring quality. This is a full renovator's canvas — 1,668 sq ft plus 335 sq ft unfinished, offering flexibility to reimagine the layout to suit your vision. 2 bedrooms + den, 2 baths, and a generous 6'8'' x 28' oceanside patio with endless views toward Discovery Island and Haro Strait. Bring your designer — this is the rare chance to build oceanfront equity in a building where finished units rarely last. Steps to the beach, nature parks, championship golf, and Oak Bay Village's cafés, boutiques and dining. Walk to Oak Bay Marina and Victoria Golf Club. Prime South Oak Bay waterfront — the location and potential are unmatched. (id:65179)
Property details
From the listing's public record.
Lot size
2,013 square feet
Year built
1973
Taxes
$8,888/yr
Strata / HOA
$942/month
Zoning
Residential
View
Waterfront
Appliances
Heating
Parking
Lot
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 15, 2026
Listed $1,825,000
Active5 days on marketMLS 1040201
How this listing compares
Based on 29 sales in South Oak BayMedian sold
$775,000
Avg days on market
32 days
Avg sale-to-list
97.4%
Avg $/sqft
$635
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
17
Pending
4
All active listings
56
Months of supply
7
Buyer's market — 7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,635,400
Homes in Oak Bay sell at 95.2% of assessed value on average.
Based on 34 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 55 months
Recent nearby sales
12 sales207-2277 Oak Bay Ave
$1,285,000
2 bd · 2 ba · 1,746 sqft · $736/sqft · 51 days on market
Sold Jul 13, 2026 · 95.2% of list
104-1284 Beach Dr
$2,131,000
2 bd · 3 ba · 1,657 sqft · $1,286/sqft · 39 days on market
Sold Jul 2, 2026 · 99.1% of list
114-2100 Granite St
$430,000
1 bd · 1 ba · 716 sqft · $601/sqft · 25 days on market
Sold May 25, 2026 · 98.9% of list
506-1148 Goodwin St
$706,000
2 bd · 2 ba · 1,319 sqft · $535/sqft · 14 days on market
Sold May 21, 2026 · 101% of list
410-2100 Granite St
$430,000
1 bd · 1 ba · 799 sqft · $538/sqft · 19 days on market
Sold May 14, 2026 · 95.6% of list
105-1375 Newport Ave
$862,000
2 bd · 1 ba · 2,032 sqft · $424/sqft · 30 days on market
Sold May 1, 2026 · 98.1% of list
503-1175 Newport Ave
$875,000
3 bd · 2 ba · 1,502 sqft · $583/sqft · 13 days on market
Sold Apr 7, 2026 · 98.4% of list
401-1175 Beach Dr
$1,360,000
1 bd · 2 ba · 1,297 sqft · $1,049/sqft · 41 days on market
Sold Apr 1, 2026 · 100% of list
304-2605 Windsor Rd
$845,000
2 bd · 2 ba · 1,377 sqft · $614/sqft · 14 days on market
Sold Mar 31, 2026 · 94.4% of list
503-2605 Windsor Rd
$1,511,000
3 bd · 2 ba · 2,454 sqft · $616/sqft · 8 days on market
Sold Feb 27, 2026 · 101.1% of list
105-2100 Granite St
$410,000
1 bd · 1 ba · 714 sqft · $574/sqft · 116 days on market
Sold Feb 27, 2026 · 98.8% of list
507-1440 Beach Dr
$1,100,000
3 bd · 2 ba · 1,685 sqft · $653/sqft · 73 days on market
Sold Feb 27, 2026 · 95.8% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,825,000 − $365,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$401,000
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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Interested in this home?
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Listed by Rennie & Associates Realty Ltd.