407 1159 Beach Dr
$599,900
South Oak Bay
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About this home
OPEN HOUSE SATURDAY OCT 3 FROM 11:00-1:00. This immaculate 1-bedroom, 2-bathroom main-floor condo offers a rare blend of bright, turnkey convenience and house-like spaciousness on the highly sought-after Oak Bay waterfront. Step inside this bright, well-appointed suite to find an exceptional floor plan featuring floor-to-ceiling windows that beautifully frame the surrounding natural beauty. Elevated just three steps above the gracious front lobby, the wide and expansive layout provides a welcoming flow through the principal rooms—perfect for entertaining. The oversized primary bedroom serves as a private retreat, complete with its own dedicated ensuite bathroom. Positioned on the peaceful south side of the building. The main windows look out onto an immersive view of the lush, mature gardens, while the side window, bedroom door, and private patio offer stunning easterly views of the ocean and Mount Baker. Rarely do units of this caliber and layout become available in this prestigious location. Call your Realtor (id:65179)
Property details
From the listing's public record.
Lot size
1,030 square feet
Year built
1966
Taxes
$3,332/yr
Strata / HOA
$736/month
Zoning
Residential
View
Heating
Parking
Community
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 30, 2026
Listed $599,900
Active9 days on marketMLS 1051080Aug 1, 2018
$550,000
Sold91 days on marketMLS 781479May 31, 2007
$335,000
Sold170 days on marketMLS 414807May 14, 2004
$256,000
Sold20 days on marketMLS 332782
How this listing compares
Based on 26 sales in South Oak BayMedian sold
$822,500
Avg days on market
37 days
Avg sale-to-list
97.2%
Avg $/sqft
$619
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
13
Pending
6
All active listings
57
Months of supply
6
Balanced market — 6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$608,200
Homes in Oak Bay sell at 93.4% of assessed value on average.
Based on 30 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 53 months
Recent nearby sales
10 sales205-2125 Oak Bay Ave
$756,000
2 bd · 2 ba · 1,311 sqft · $577/sqft · 9 days on market
Sold Aug 14, 2026 · 100.8% of list
409-1370 Beach Dr
$980,000
2 bd · 2 ba · 1,601 sqft · $612/sqft · 62 days on market
Sold Aug 13, 2026 · 99.5% of list
202-1440 Beach Dr
$915,000
1 bd · 2 ba · 1,536 sqft · $596/sqft · 49 days on market
Sold Jul 31, 2026 · 94.4% of list
205-1450 Beach Dr
$655,000
2 bd · 2 ba · 1,048 sqft · $625/sqft · 55 days on market
Sold Jul 31, 2026 · 97.1% of list
207-2277 Oak Bay Ave
$1,285,000
2 bd · 2 ba · 1,746 sqft · $736/sqft · 51 days on market
Sold Jul 13, 2026 · 95.2% of list
104-1284 Beach Dr
$2,131,000
2 bd · 3 ba · 1,657 sqft · $1,286/sqft · 39 days on market
Sold Jul 2, 2026 · 99.1% of list
114-2100 Granite St
$430,000
1 bd · 1 ba · 716 sqft · $601/sqft · 25 days on market
Sold May 25, 2026 · 98.9% of list
506-1148 Goodwin St
$706,000
2 bd · 2 ba · 1,319 sqft · $535/sqft · 14 days on market
Sold May 21, 2026 · 101% of list
410-2100 Granite St
$430,000
1 bd · 1 ba · 799 sqft · $538/sqft · 19 days on market
Sold May 14, 2026 · 95.6% of list
105-1375 Newport Ave
$862,000
2 bd · 1 ba · 2,032 sqft · $424/sqft · 30 days on market
Sold May 1, 2026 · 98.1% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$599,900 − $119,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$131,478
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 Royal LePage Coast Capital - Chatterton