2568 Margate Ave
$1,489,000
South Oak Bay
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About this home
CHARMING SOUTH OAK BAY HOME. A lovely character home with 3 bedrooms and 2 bathrooms situated in a prime neighbourhood. Cove ceilings, oak hardwood floors, glass door knobs & a wood burning fireplace are all hallmark signs of a home built in 1954. Main floor living area features a large living room, inline dining room. The kitchen is filled with natural light from the added skylight and glass framed back door. Two bedrooms and one bathroom complete the upper level. Downstairs there's an additional oversized bedroom (or use as a family room), 3 piece bath, laundry, and plenty of storage. The lower level is a blank canvas to finish to your liking with walk out access to the back yard. Beautifully maintained garden, fully fenced yard is a great space for entertaining or kids and pets to play. Access the double car garage through the back laneway. Just steps from beaches, Victoria Golf Club, Oak Bay Beach Hotel, marina, top schools, and Oak Bay Village. (id:65179)
Property details
From the listing's public record.
Lot size
7,532 square feet
Year built
1954
Taxes
$8,814/yr
Zoning
Residential
Heating
Parking
Lot
Style
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 1, 2026
Listed $1,489,000
Active8 days on marketMLS 1051061Sep 8, 2026
Listed $1,549,000
Ddf_delisted23 days on marketMLS 1047504
How this listing compares
Based on 76 sales in South Oak BayMedian sold
$1,867,500
Avg days on market
45 days
Avg sale-to-list
97.6%
Avg $/sqft
$704
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
36
Pending
15
All active listings
57
Months of supply
5.7
Balanced market — 5.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,609,000
Homes in Oak Bay sell at 168.5% of assessed value on average.
Based on 175 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales1217 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
$1,489,000 − $297,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$327,080
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 RE/MAX Camosun