196 Olive St
$1,999,900
Fairfield West
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About this home
Welcome to 196 Olive Street in Fairfield! This beautifully designed 5-bedroom, 4-bathroom home offers over 2,500 sq.ft. across three levels, including a legal 1-bedroom suite. The main level features an inviting open-concept layout with wide-plank engineered hardwood, spacious living and dining areas, private office, and a stylish kitchen with Bertazzoni gas range. French doors open to a private patio and backyard complete with a putting green—perfect for entertaining. Upstairs, the primary suite offers a walk-in closet and luxurious ensuite with steam shower, plus two bedrooms, full bath and laundry. The lower level provides a fourth bedroom or flexible media/rec space, while the self-contained suite includes its own laundry. Extras include Control4 smart home, garage with built-in storage and EV charging rough-in. Steps to Dallas Road, Cook Street Village and Beacon Hill Park. (id:65179)
Property details
From the listing's public record.
Lot size
2,976 square feet
Year built
2018
Taxes
$10,238/yr
Zoning
Residential
Appliances
Heating
Cooling
Parking
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 8, 2026
Listed $1,999,900
Ddf_delisted12 days on marketMLS 1051789Jun 5, 2025
Listed $2,075,000
Cancelled39 days on marketMLS 1002215Aug 1, 2016
$965,000
Sold57 days on marketMLS 726275Jan 29, 2016
Listed $999,900
Expired80 days on marketMLS 720608
How this listing compares
Based on 31 sales in Fairfield WestMedian sold
$1,375,000
Avg days on market
29 days
Avg sale-to-list
98.3%
Avg $/sqft
$546
Price per square foot
Above area average
Current market in Fairfield West
Active (same type)
13
Pending
7
All active listings
44
Months of supply
5
Balanced market — 5 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,803,000
Homes in Victoria sell at 102.5% of assessed value on average.
Based on 211 recent sales.
Local price trend
How Fairfield West has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales1255 Richardson St
$1,600,000
4 bd · 4 ba · 2,549 sqft · $628/sqft · 21 days on market
Sold Aug 24, 2026 · 100% of list
1315 Bond St
$1,860,000
4 bd · 2 ba · 4,273 sqft · $435/sqft · 9 days on market
Sold Aug 13, 2026 · 109.4% of list
15 Linden Ave
$1,565,000
4 bd · 2 ba · 2,855 sqft · $548/sqft · 44 days on market
Sold Aug 7, 2026 · 98.7% of list
548 Cornwall St
$1,280,000
3 bd · 3 ba · 1,711 sqft · $748/sqft · 19 days on market
Sold Aug 4, 2026 · 98.5% of list
111 Moss St
$2,445,000
5 bd · 4 ba · 3,998 sqft · $612/sqft · 9 days on market
Sold Jul 31, 2026 · 102.9% of list
198 Olive St
$1,850,000
5 bd · 4 ba · 2,614 sqft · $708/sqft · 9 days on market
Sold Jul 30, 2026 · 103.1% of list
1163 Chapman St
$1,365,000
3 bd · 2 ba · 2,674 sqft · $510/sqft · 16 days on market
Sold Jul 24, 2026 · 105.1% of list
522 Su'it St
$1,275,000
2 bd · 1 ba · 3,408 sqft · $374/sqft · 25 days on market
Sold Jul 8, 2026 · 94.5% of list
310 Windermere Pl
$1,800,000
5 bd · 4 ba · 2,913 sqft · $618/sqft · 57 days on market
Sold Jul 8, 2026 · 94.7% of list
636 Cornwall St
$1,210,000
5 bd · 2 ba · 2,303 sqft · $525/sqft · 42 days on market
Sold Jul 3, 2026 · 93.2% of list
529/531 Harbinger Ave
$2,074,500
5 bd · 4 ba · 3,897 sqft · $532/sqft · 4 days on market
Sold Jun 30, 2026 · 103.8% of list
25 Howe St
$2,850,000
4 bd · 4 ba · 3,749 sqft · $760/sqft · 35 days on market
Sold Jun 25, 2026 · 95.8% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,999,900 − $399,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$439,478
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 Newport Realty Ltd.