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1244 Beach Dr

$3,229,000

South Oak Bay

Detached2 bd · 3 ba · 2,573 sqftBuilt 1936$1,255/sqft3 days on market

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About this home

This absolutely stunning 2/3 bedroom character residence is located across from the Oak Bay Marina on a beautifully landscaped, private lot. The circa 1936 home was painstakingly taken to studs in 2015 and sympathetically rebuilt as well as a 3rd story added. This INCREDIBLY BRIGHT home feels like a luxury seaside cottage, with great rooms for entertaining and quiet cozy spots to catch the sun and read your favorite novel. Every day is like living in a world class spa...you will never want to leave. The ocean views are mesmerizing where seals, otters and herons are your neighbours (don’t forget your kayak or paddle board). This is arguably the best location in South Oak Bay, and one of the most beautiful homes. (id:65179)

Property details

From the listing's public record.

Lot size

6,660 square feet

Year built

1936

Taxes

$13,996/yr

Zoning

Residential

View

Mountain viewOcean view

Appliances

WasherRefrigeratorDryer

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Lot

Central locationPark settingPrivate settingRectangularMarine Oriented

Style

Character

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 16, 2026

    Listed $3,229,000

    Active3 days on marketMLS 1049921
  2. Jul 17, 2015

    $972,500

    Sold6 days on marketMLS 706597

How this listing compares

Based on 79 sales in South Oak Bay

Median sold

$1,885,000

Avg days on market

46 days

Avg sale-to-list

97.6%

Avg $/sqft

$707

Price per square foot

This home: $1,255/sqftArea average: $707/sqft

Above area average

Current market in South Oak Bay

Active (same type)

35

Pending

15

All active listings

56

Months of supply

5.3

Balanced market5.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,555,000

Homes in Oak Bay sell at 165.3% of assessed value on average.

Based on 184 recent sales.

Local price trend

How South Oak Bay has moved over the last decade.

90118147Oct 2016Aug 2021Aug 2026

Local price index (normalized) · 117 months

Recent nearby sales

12 sales
  • 1217 Hewlett Pl

    $2,600,000

    4 bd · 5 ba · 3,052 sqft · $852/sqft · 22 days on market

    Sold Aug 6, 2026 · 96.3% of list

  • 1262 Roslyn Rd

    $1,705,000

    4 bd · 3 ba · 2,050 sqft · $832/sqft · 15 days on market

    Sold Aug 4, 2026 · 95.3% of list

  • 554 Beach Dr

    $3,125,000

    4 bd · 4 ba · 4,515 sqft · $692/sqft · 30 days on market

    Sold Jul 31, 2026 · 94.8% of list

  • 671 Linkleas Ave

    $1,800,000

    3 bd · 2 ba · 1,747 sqft · $1,030/sqft · 13 days on market

    Sold Jul 29, 2026 · 102.9% of list

  • 2175 Granite St

    $2,750,000

    3 bd · 4 ba · 2,577 sqft · $1,067/sqft · 57 days on market

    Sold Jul 27, 2026 · 96.8% of list

  • 905 Deal St

    $2,150,000

    5 bd · 3 ba · 3,639 sqft · $591/sqft · 74 days on market

    Sold Jul 27, 2026 · 97.8% of list

  • 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

  • 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

  • 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

  • 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

What would this home cost?

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Monthly mortgage

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Loan amount

$3,229,000 − $645,800

$2,583,200

Down payment

20.0%

$645,800

Property Transfer Tax

$79,450

Legal / closing (est.)

$1,500

Cash to close

$726,750

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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