590 Monterey Ave
$1,750,000
South Oak Bay
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About this home
Beautifully updated and thoughtfully cared for in sought-after South Oak Bay, this light-filled home is just minutes from excellent schools, beaches, parks, golf, Oak Bay Marina and the shops and cafés of Oak Bay Village. Inside, you'll find refurbished wood floors, an open dining area and a renovated kitchen with quality wood cabinetry, stone countertops and stainless steel appliances. French doors open to a sunny southwest-facing deck overlooking extensive gardens and a private, beautifully landscaped yard. Since 2020, the property has been further enhanced with rooftop solar panels, a new driveway, extensive garden improvements and landscape lighting. Major updates over the years also include electrical, plumbing, roofing, insulation, thermal windows, bathrooms and flooring. A wonderful combination of character, modern efficiency and exceptional outdoor living in one of Victoria's most desirable neighbourhoods. (id:65179)
Property details
From the listing's public record.
Lot size
6,098 square feet
Year built
1944
Taxes
$8,852/yr
Zoning
Residential
Appliances
Heating
Cooling
Lot
Style
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 9, 2026
Listed $1,750,000
Active10 days on marketMLS 1047949Aug 20, 2019
$1,200,000
Sold46 days on marketMLS 813557Jun 8, 2012
$679,000
Sold35 days on marketMLS 598102
How this listing compares
Based on 79 sales in South Oak BayMedian sold
$1,885,000
Avg days on market
46 days
Avg sale-to-list
97.6%
Avg $/sqft
$707
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
35
Pending
15
All active listings
56
Months of supply
5.3
Balanced market — 5.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,616,000
Homes in Oak Bay sell at 165.3% of assessed value on average.
Based on 184 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 117 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
$1,750,000 − $350,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$384,500
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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Interested in this home?
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Listed by RE/MAX Camosun