Victoria Real Estate
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2541 Nottingham Rd

$2,491,000

Uplands

Detached4 bd · 2 ba · 2,869 sqftBuilt 1956$868/sqft16 days on market

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About this home

Prestigious UPLANDS location on a CORNER lot with potential for development. This mid-century home features numerous upgrades, including a recent $250,000 renovation of the lower level to create a 2-bedroom, fully self-contained in-law suite with a private entrance. Stroll to Willows Beach, down the nearby Camus Trail, Uplands Park, or Nottingham Park and playground just down the street. Uplands Golf Course is close by, as well as the Royal Victoria Yacht Club, Oak Bay Marina, University of Victoria, St. Michael's University School, and Willows and Uplands Elementary schools. Oak Bay and Estevan Villages are close as well, offering every amenity you might need. (id:65179)

Property details

From the listing's public record.

Lot size

12,276 square feet

Year built

1956

Taxes

$10,802/yr

Zoning

Residential

Heating

ElectricNatural gas

Lot

Corner SiteMarine Oriented

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 14, 2026

    Listed $2,491,000

    Active16 days on marketMLS 1046770
  2. Oct 5, 2023

    $1,800,000

    Sold100 days on marketMLS 934081

How this listing compares

Based on 17 sales in Uplands

Median sold

$2,575,000

Avg days on market

59 days

Avg sale-to-list

93.6%

Avg $/sqft

$655

Price per square foot

This home: $868/sqftArea average: $655/sqft

Above area average

Current market in Uplands

Active (same type)

9

Pending

4

All active listings

9

Months of supply

6.4

Buyer's market6.4 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,972,000

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

Based on 195 recent sales.

Local price trend

How Uplands has moved over the last decade.

90118147Sep 2016Jul 2021Jul 2026

Local price index (normalized) · 117 months

Recent nearby sales

12 sales
  • 2979 Westdowne Rd

    $1,320,000

    4 bd · 3 ba · 2,689 sqft · $491/sqft · 25 days on market

    Sold Aug 20, 2026 · 94.4% of list

  • 2741 Dufferin Ave

    $2,050,000

    5 bd · 3 ba · 3,632 sqft · $564/sqft · 63 days on market

    Sold Aug 14, 2026 · 95.3% of list

  • 2001 Carrick St

    $1,007,500

    4 bd · 2 ba · 1,900 sqft · $530/sqft · 15 days on market

    Sold Aug 14, 2026 · 100.9% of list

  • 2771 Foul Bay Rd

    $1,062,680

    3 bd · 2 ba · 1,969 sqft · $540/sqft · 77 days on market

    Sold Aug 12, 2026 · 96.6% of list

  • 3508 Plymouth Rd

    $1,575,000

    5 bd · 3 ba · 2,915 sqft · $540/sqft · 17 days on market

    Sold Aug 6, 2026 · 98.4% of list

  • 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

  • 2753 Cavendish Ave

    $3,200,000

    5 bd · 3 ba · 4,501 sqft · $711/sqft · 22 days on market

    Sold Aug 6, 2026 · 95.5% 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

  • 2700 Dorset Rd

    $2,575,000

    5 bd · 3 ba · 4,316 sqft · $597/sqft · 9 days on market

    Sold Jul 31, 2026 · 96.3% of list

  • 2832 Cadboro Bay Rd

    $1,875,000

    4 bd · 3 ba · 3,198 sqft · $586/sqft · 17 days on market

    Sold Jul 31, 2026 · 94% of list

  • 2519 Wootton Cres

    $1,415,000

    4 bd · 2 ba · 2,628 sqft · $538/sqft · 15 days on market

    Sold Jul 31, 2026 · 99.3% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$2,491,000 − $498,200

$1,992,800

Down payment

20.0%

$498,200

Property Transfer Tax

$52,730

Legal / closing (est.)

$1,500

Cash to close

$552,430

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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