Victoria Real Estate
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1043 St. Patrick St

$3,175,000

South Oak Bay

Detached5 bd · 5 ba · 4,166 sqftBuilt 1913$762/sqft7 days on market

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About this home

One of Oak Bay’s finest ARTS AND CRAFTS character homes built in 1913, steeped in history, beautifully maintained and updated by a master craftsman. Positioned on a quiet, tree-lined street within the very heart of South Oak Bay. The residence is beautifully framed within the streetscape as the front entryway borders the mature landscaping and perennial gardens. A large entry hall invites you into the spacious principal rooms overflowing with character. Features include inlaid oak flooring, coffered ceilings, wainscotting, bay windows and lovely, original stained and leaded glass. The bright, spacious, modern kitchen fits with the grand character. Upstairs are three corner bedrooms and two bathrooms, the principal bedroom features a walk-in closet and modern ensuite. A sky-lit upper loft is made for an exercise room or child’s play area. The full height lower floor includes a separate two-bedroom guest suite, spacious den and office with a separate entrance from the back garden. (id:65179)

Property details

From the listing's public record.

Lot size

6,740 square feet

Year built

1913

Taxes

$12,607/yr

Zoning

Residential

Appliances

WasherRefrigeratorRange - GasDishwasherDryerFreezer

Heating

Hot Water

Lot

Central locationCurb & gutterPartially cleared

Style

Character

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 13, 2026

    Listed $3,175,000

    Active7 days on marketMLS 1043040
  2. Oct 28, 2022

    $3,100,000

    Sold2 days on marketMLS 909257
  3. May 15, 2006

    $762,000

    Sold16 days on marketMLS 390992

How this listing compares

Based on 93 sales in South Oak Bay

Median sold

$1,850,000

Avg days on market

43 days

Avg sale-to-list

97.8%

Avg $/sqft

$692

Price per square foot

This home: $762/sqftArea average: $692/sqft

Above area average

Current market in South Oak Bay

Active (same type)

31

Pending

15

All active listings

56

Months of supply

4

Balanced market4 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,394,000

Homes in Oak Bay sell at 154.5% of assessed value on average.

Based on 217 recent sales.

Local price trend

How South Oak Bay has moved over the last decade.

90118147Aug 2016Jun 2021Jun 2026

Local price index (normalized) · 117 months

Recent nearby sales

12 sales
  • 449 Victoria Ave

    $1,570,000

    5 bd · 3 ba · 3,217 sqft · $488/sqft · 22 days on market

    Sold Jul 16, 2026 · 95.2% of list

  • 590 Island Rd

    $2,850,000

    4 bd · 4 ba · 3,585 sqft · $795/sqft · 5 days on market

    Sold Jul 15, 2026 · 106.5% of list

  • 945 Falkland Rd

    $1,362,500

    4 bd · 2 ba · 3,582 sqft · $380/sqft · 48 days on market

    Sold Jul 10, 2026 · 97.7% of list

  • 990 Hampshire Rd

    $1,145,000

    4 bd · 2 ba · 2,266 sqft · $505/sqft · 15 days on market

    Sold Jul 10, 2026 · 97.4% of list

  • 865 St. Patrick St

    $1,502,000

    4 bd · 3 ba · 2,951 sqft · $509/sqft · 9 days on market

    Sold Jul 2, 2026 · 102% of list

  • 575 St. Patrick St

    $3,704,000

    4 bd · 4 ba · 4,461 sqft · $830/sqft · 10 days on market

    Sold Jun 30, 2026 · 93.8% of list

  • 658 Byng St

    $1,640,000

    3 bd · 2 ba · 2,400 sqft · $683/sqft · 59 days on market

    Sold Jun 30, 2026 · 93.7% of list

  • 2231 Windsor Rd

    $2,125,000

    5 bd · 3 ba · 3,089 sqft · $688/sqft · 3 days on market

    Sold Jun 30, 2026 · 98.8% of list

  • 614 Monterey Ave

    $2,300,000

    3 bd · 3 ba · 2,767 sqft · $831/sqft · 55 days on market

    Sold Jun 29, 2026 · 92.2% of list

  • 2015 Runnymede Ave

    $1,480,000

    2 bd · 2 ba · 2,339 sqft · $633/sqft · 77 days on market

    Sold Jun 26, 2026 · 92.5% of list

  • 611 Island Rd

    $2,550,000

    3 bd · 3 ba · 5,442 sqft · $469/sqft · 159 days on market

    Sold Jun 16, 2026 · 98.1% of list

  • 895 Falkland Rd

    $1,545,000

    4 bd · 3 ba · 3,162 sqft · $489/sqft · 19 days on market

    Sold Jun 16, 2026 · 99.7% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$3,175,000 − $635,000

$2,540,000

Down payment

20.0%

$635,000

Property Transfer Tax

$76,750

Legal / closing (est.)

$1,500

Cash to close

$713,250

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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