Victoria Real Estate
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453 Monterey Ave

$2,199,900

South Oak Bay

Detached4 bd · 3 ba · 2,144 sqftBuilt 1974$1,026/sqft8 days on market

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About this home

OPEN HOUSE - Sat. October 31 - 2-4pm - South Oak Bay stunner, just steps from the ocean! Modern design meets bright, open-concept living in this beautifully renovated 4-bedroom, 3-bathroom home, where every detail has been meticulously crafted. The main level features a gourmet kitchen with high-end stainless steel appliances, including a Wolf gas range, flowing into a sun-filled living area with hardwood floors and a gas fireplace. The dining area opens through French doors onto an expansive deck, perfect for entertaining or al fresco dining. Two bedrooms are on this level, including the tranquil primary suite with spectacular ocean views, a backdrop of mature trees, a modern 4-piece ensuite and a bonus 14' x 10' walk-in closet/dressing room. The versatile lower level adds two more bedrooms, a dedicated laundry room, a cozy family room with radiant heated floors and French doors to a private patio. There is also plenty of storage and a single-car garage. An ideal layout for families, multi-generational living or professionals working from home. Set on a manicured, private lot with a large landscaped backyard, this exceptional residence is just steps to Oak Bay Village, boutique shops, cafés, top-rated public and private schools, parks and the waterfront. A true South Oak Bay gem! (id:65179)

Property details

From the listing's public record.

Lot size

6,240 square feet

Year built

1974

Taxes

$9,608/yr

Zoning

Residential

View

Mountain viewOcean view

Appliances

WasherRefrigeratorRange - GasDishwasherDryerMicrowave

Heating

Baseboard heatersNatural gas

Parking

Attached GarageGarage

Lot

Central locationCurb & gutterPrivate settingRectangularMarine Oriented

Price history

4 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 21, 2026

    Listed $2,199,900

    Active8 days on marketMLS 1052495
  2. Nov 1, 2023

    $1,985,000

    Sold21 days on marketMLS 941005
  3. Aug 23, 2007

    $849,900

    Sold4 days on marketMLS 430037
  4. Aug 30, 2005

    $580,000

    Sold124 days on marketMLS 363003

How this listing compares

Based on 94 sales in South Oak Bay

Median sold

$1,892,500

Avg days on market

45 days

Avg sale-to-list

97.6%

Avg $/sqft

$705

Price per square foot

This home: $1,026/sqftArea average: $705/sqft

Above area average

Current market in South Oak Bay

Active (same type)

36

Pending

3

All active listings

54

Months of supply

4.6

Balanced market — 4.6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,754,000

Homes in Oak Bay sell at 157.1% of assessed value on average.

Based on 218 recent sales.

Local price trend

How South Oak Bay has moved over the last decade.

90118147Nov 2016Sep 2021Aug 2026

Local price index (normalized) · 116 months

Recent nearby sales

12 sales
  • 578 Island Rd

    $2,075,000

    4 bd · 4 ba · 5,706 sqft · $364/sqft · 92 days on market

    Sold Oct 26, 2026 · 90.2% of list

  • 1391 Victoria Ave

    $2,080,000

    4 bd · 3 ba · 3,064 sqft · $679/sqft · 22 days on market

    Sold Oct 22, 2026 · 99% of list

  • 535 Island Rd

    $2,480,000

    4 bd · 3 ba · 3,239 sqft · $766/sqft · 30 days on market

    Sold Oct 16, 2026 · 95.4% of list

  • 2353 Windsor Rd

    $1,750,000

    4 bd · 3 ba · 3,454 sqft · $507/sqft · 14 days on market

    Sold Oct 15, 2026 · 100% of list

  • 2090 Mcneill Ave

    $1,775,000

    5 bd · 3 ba · 2,920 sqft · $608/sqft · 126 days on market

    Sold Oct 15, 2026 · 98.6% of list

  • 2409 Currie Rd

    $1,275,000

    2 bd · 1 ba · 1,363 sqft · $935/sqft · 187 days on market

    Sold Oct 15, 2026 · 87.9% of list

  • 916 Monterey Ave

    $1,740,000

    4 bd · 2 ba · 2,899 sqft · $600/sqft · 43 days on market

    Sold Oct 1, 2026 · 96.7% of list

  • 2112 Pentland Rd

    $1,433,000

    5 bd · 3 ba · 2,385 sqft · $601/sqft · 33 days on market

    Sold Sep 29, 2026 · 95.7% of list

  • 2425 Oak Bay Ave

    $2,488,000

    4 bd · 4 ba · 3,033 sqft · $820/sqft · 8 days on market

    Sold Sep 24, 2026 · 100% of list

  • 1074 Oliver St

    $2,325,000

    6 bd · 4 ba · 4,289 sqft · $542/sqft · 19 days on market

    Sold Sep 24, 2026 · 96.9% of list

  • 2631 Margate Ave

    $2,600,000

    4 bd · 4 ba · 3,096 sqft · $840/sqft · 52 days on market

    Sold Sep 24, 2026 · 93% of list

  • 901 Victoria Ave

    $1,020,000

    5 bd · 1 ba · 2,435 sqft · $419/sqft · 53 days on market

    Sold Sep 22, 2026 · 95% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$2,199,900 − $439,980

$1,759,920

Down payment

20.0%

$439,980

Property Transfer Tax

$43,997

Legal / closing (est.)

$1,500

Cash to close

$485,477

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

Interested in this home?

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