
453 Monterey Ave
$2,199,900
South Oak Bay
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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
Appliances
Heating
Parking
Lot
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 21, 2026
Listed $2,199,900
Active8 days on marketMLS 1052495Nov 1, 2023
$1,985,000
Sold21 days on marketMLS 941005Aug 23, 2007
$849,900
Sold4 days on marketMLS 430037Aug 30, 2005
$580,000
Sold124 days on marketMLS 363003
How this listing compares
Based on 94 sales in South Oak BayMedian sold
$1,892,500
Avg days on market
45 days
Avg sale-to-list
97.6%
Avg $/sqft
$705
Price per square foot
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.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales578 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
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.