Victoria Real Estate
2654 Fernwood Rd photo 1 of 79
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2654 Fernwood Rd

$1,899,999

Oaklands

Detached3 bd · 2 ba · 2,273 sqftBuilt 1912$836/sqft5 days on market

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About this home

Built in 1912 and reimagined for the next century, 2654 Fernwood Road challenges everything you thought you knew about character homes. This beautifully restored Arts & Crafts residence is a landmark vision of modern living - proof that heritage, innovation and sustainability can not only coexist, but elevate one another. Completely reimagined by Scott & Scott Architects with Frontera Homes, this award-winning home underwent a comprehensive NETZERO retrofit, transforming a century-old residence into one of Victoria’s most remarkable examples of sustainable design. From the street, its historic character has been thoughtfully preserved. Behind the walls is an incredible level of craftsmanship, building science and innovation. Across 2,273 square feet, the home offers three bedrooms, two bathrooms, inviting living and dining spaces, a beautifully curated kitchen, library/den and generous basement storage/workshop. Natural materials, warm textures and carefully framed light create interiors that feel grounded, timeless and incredibly comfortable. Three separate deck spaces extend living outdoors and into the surrounding gardens. Here, remarkable engineering simply disappears into beautiful design. Virtually every major system has been replaced, including plumbing, electrical, insulation, windows, roofing and mechanicals. Triple-pane windows, advanced heating, ventilation and hot water systems, a low-emission wood stove and solar panels create an exceptionally efficient, fully electric home. A hidden cistern collects rainwater to irrigate the gardens and lawn. Set in the heart of beloved Fernwood, cafés, local restaurants, parks, schools and community gathering places are all close by, with downtown Victoria just minutes away. More than a renovation, this home is an extraordinary case study in what is possible when historic architecture and forward-thinking design are treated with equal respect. Some homes preserve history. This one helps preserve our future. (id:65179)

Property details

From the listing's public record.

Lot size

6,000 square feet

Year built

1912

Taxes

$9,596/yr

Strata / HOA

$0/month

Zoning

Residential

View

City view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Heat PumpForced airHeat Recovery Ventilation (HRV)ElectricSolarWood

Cooling

Fully air conditioned

Lot

Curb & gutterRectangular

Price history

3 records

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

  1. Aug 25, 2026

    Listed $1,899,999

    Active5 days on marketMLS 1047319
  2. Sep 2, 2022

    $1,850,000

    Sold17 days on marketMLS 910991
  3. Feb 14, 2018

    $839,000

    Sold70 days on marketMLS 773665

How this listing compares

Based on 42 sales in Oaklands

Median sold

$982,500

Avg days on market

23 days

Avg sale-to-list

99.1%

Avg $/sqft

$531

Price per square foot

This home: $836/sqftArea average: $531/sqft

Above area average

Current market in Oaklands

Active (same type)

11

Pending

5

All active listings

28

Months of supply

3.1

Seller's market3.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,666,000

Homes in Victoria sell at 102.3% of assessed value on average.

Based on 250 recent sales.

Local price trend

How Oaklands has moved over the last decade.

6080100Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1501 Oakland Ave

    $785,000

    2 bd · 1 ba · 1,125 sqft · $698/sqft · 5 days on market

    Sold Aug 17, 2026 · 98.1% of list

  • 2528 Forbes St

    $877,500

    2 bd · 1 ba · 860 sqft · $1,020/sqft · 13 days on market

    Sold Jul 28, 2026 · 99.7% of list

  • 1419 Haultain St

    $1,028,000

    3 bd · 2 ba · 1,945 sqft · $529/sqft · 15 days on market

    Sold Jul 24, 2026 · 102.9% of list

  • 2624 Forbes St

    $1,190,000

    4 bd · 3 ba · 2,351 sqft · $506/sqft · 57 days on market

    Sold Jul 21, 2026 · 95.2% of list

  • 1519 Pearl St

    $974,900

    4 bd · 2 ba · 1,779 sqft · $548/sqft · 12 days on market

    Sold Jul 14, 2026 · 97.5% of list

  • 2623 Mt. Stephen Ave

    $925,000

    2 bd · 1 ba · 1,703 sqft · $543/sqft · 9 days on market

    Sold Jul 6, 2026 · 118.6% of list

  • 1603 Myrtle Ave

    $985,000

    4 bd · 2 ba · 2,109 sqft · $467/sqft · 12 days on market

    Sold Jul 3, 2026 · 98.5% of list

  • 2526 Scott St

    $1,490,000

    9 bd · 3 ba · 3,570 sqft · $417/sqft · 24 days on market

    Sold Jun 30, 2026 · 96.1% of list

  • 2635 Asquith St

    $1,199,000

    4 bd · 2 ba · 2,790 sqft · $430/sqft · 11 days on market

    Sold Jun 26, 2026 · 100% of list

  • 1452 Westall Ave

    $1,047,000

    4 bd · 2 ba · 2,238 sqft · $468/sqft · 15 days on market

    Sold Jun 23, 2026 · 98.9% of list

  • 2765 Fernwood Rd

    $865,000

    3 bd · 2 ba · 1,340 sqft · $646/sqft · 9 days on market

    Sold Jun 5, 2026 · 100% of list

  • 2649 Avebury Ave

    $1,223,400

    4 bd · 2 ba · 2,454 sqft · $499/sqft · 8 days on market

    Sold Jun 1, 2026 · 103.1% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,899,999 − $380,000

$1,519,999

Down payment

20.0%

$380,000

Property Transfer Tax

$36,000

Legal / closing (est.)

$1,500

Cash to close

$417,500

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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