Victoria Real Estate
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1632 Beach Dr

$2,300,000

South Oak Bay

Detached4 bd · 3 ba · 2,473 sqftBuilt 1990$930/sqft9 days on market

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About this home

First time on the market in many years, this cherished family residence offers an exceptional Oak Bay location & a lifestyle second to none. Steps from the ocean & set on sought-after Beach Drive, the home is across from GNS Junior School, a quiet residential beach, & ideally positioned between Willows Beach, the Oak Bay Marina & Oak Bay Village - with Oak Bay Avenue’s shops, cafés & restaurants all close by. Built in 1990, the home blends a functional floor plan with traditional character & offers an excellent canvas for thoughtful updating. The kitchen & family room open onto a sunny west-facing patio & private lap pool - ideal for relaxed family living & entertaining. Generous living and dining rooms provide inviting spaces for both everyday comfort and special occasions. Upstairs, 4 well-sized bedrooms offer plenty of room for a growing family. A two-car garage adds convenience & storage. A truly special Beach Drive property in one of Oak Bay’s most sought-after neighbourhoods. Visit Marc’s website for more photos and floor plan or email marc@owen-flood.com (id:65179)

Property details

From the listing's public record.

Lot size

6,006 square feet

Year built

1990

Taxes

$11,416/yr

Zoning

Residential

Heating

Baseboard heatersElectric

Lot

Central locationLevel lotMarine Oriented

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 21, 2026

    Listed $2,300,000

    Active9 days on marketMLS 1047205

How this listing compares

Based on 84 sales in South Oak Bay

Median sold

$1,867,500

Avg days on market

44 days

Avg sale-to-list

97.9%

Avg $/sqft

$700

Price per square foot

This home: $930/sqftArea average: $700/sqft

Above area average

Current market in South Oak Bay

Active (same type)

30

Pending

15

All active listings

49

Months of supply

4.3

Balanced market4.3 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,084,000

Homes in Oak Bay sell at 161.4% of assessed value on average.

Based on 195 recent sales.

Local price trend

How South Oak Bay has moved over the last decade.

90118147Sep 2016Jul 2021Jul 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

$2,300,000 − $460,000

$1,840,000

Down payment

20.0%

$460,000

Property Transfer Tax

$47,000

Legal / closing (est.)

$1,500

Cash to close

$508,500

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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