Victoria Real Estate
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1387 St. David St

$3,500,000

South Oak Bay

Detached4 bd · 4 ba · 4,350 sqftBuilt 1941$805/sqft9 days on market

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About this home

OPEN HOUSE SUN Sep 20, 2pm - 4pm A distinguished South Oak Bay residence offering exceptional privacy, generous proportions and timeless character. Set on a beautifully landscaped .3 acre lot, the home was thoughtfully enhanced with approximately $220,000 in substantial upgrades in 2023, elevating both its finishes and long term livability. Engineered oak herringbone flooring, custom French doors, wall panelling and two fireplaces complement the home’s character, while the kitchen features a Wolf gas range with double convection ovens. Major improvements include upgraded insulation, reinforced and levelled subfloors, a new NTI on demand boiler and hot water tank, zoned heating, wool carpeting and a professionally levelled and epoxy finished basement and garage. The mature, irrigated gardens offer a wonderfully private setting with a sheltered rear patio and established landscaping. A standout feature is the approximately 630-sq.ft. detached accessory dwelling unit, completed in 2024 as a fully independent residence. It features Step Code 3 energy performance, matching herringbone flooring, Pella wood finish windows, a custom Coast Cabinets kitchen, heated terrazzo flooring, radiant in floor heating, heat pump air conditioning and its own 60 amp electrical panel. The flexible open plan is pre-framed for a bedroom and den, with a full three piece bathroom and pre-plumbed laundry. Ideally located within walking distance of Windsor Park, the ocean and Oak Bay Village, with its renowned restaurants, cafés, pubs, library, activity centre and shopping. An exceptional opportunity in one of Victoria’s most coveted neighbourhoods. (id:65179)

Property details

From the listing's public record.

Lot size

13,000 square feet

Year built

1941

Taxes

$13,897/yr

Zoning

Residential

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowaveFreezer

Heating

Natural gasWoodHot Water

Parking

Garage

Lot

Central locationLevel lotPrivate settingSouthern exposureMarine Oriented

Style

CharacterContemporary

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 10, 2026

    Listed $3,500,000

    Active9 days on marketMLS 1049197
  2. Jul 29, 2022

    $2,800,000

    Sold15 days on marketMLS 900200

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: $805/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

$2,461,000

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

$3,500,000 − $700,000

$2,800,000

Down payment

20.0%

$700,000

Property Transfer Tax

$93,000

Legal / closing (est.)

$1,500

Cash to close

$794,500

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

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