2168 Esplanade
$3,495,000
South Oak Bay
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About this home
A rare hidden gem on Oak Bay’s premier waterfront! Situated in an unbeatable world class location this property offers sweeping ocean views. Distinguished by its generous footprint, light-filled living spaces, private 2nd-floor sun deck & unmatched privacy. This residence has been proudly lived in by the current owners for over 40 years & provides a spectacular canvas for the discerning buyer. Bring your personal design vision & modern touches to elevate one of Oak Bay's most sought after addresses. Step outside for direct access to Willows Beach, take in lively views of beach goers, windsurfers, passing ships, the sheer force of nature & the dramatic backdrop of the snow-capped mountains. Whether lightly updating or reimagining the interior to suit contemporary luxury living, the potential here is truly limitless including the possibility to split the home into 2 living spaces.You are steps to transit, short walking distance to schools & amenities.This home is an Oak Bay treasure. (id:65179)
Property details
From the listing's public record.
Lot size
12,415 square feet
Year built
1958
Taxes
$15,207/yr
Zoning
Residential
View
Heating
Cooling
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 27, 2026
Listed $3,495,000
Active14 days on marketMLS 1043392
How this listing compares
Based on 87 sales in South Oak BayMedian sold
$1,850,000
Avg days on market
45 days
Avg sale-to-list
97.8%
Avg $/sqft
$691
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
30
Pending
13
All active listings
52
Months of supply
4.1
Balanced market — 4.1 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,776,000
Homes in Oak Bay sell at 158.2% of assessed value on average.
Based on 203 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 117 months
Recent nearby sales
12 sales905 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
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
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
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
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
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
What would this home cost?
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Monthly mortgage
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Loan amount
$3,495,000 − $699,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$793,250
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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Interested in this home?
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Listed by Engel & Volkers Vancouver Island