Victoria Real Estate
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626 Monterey Ave

$2,995,000

South Oak Bay

Detached3 bd · 3 ba · 2,800 sqftBuilt 2017$1,070/sqft81 days on market

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About this home

One of a kind, sustainable masterpiece! Located just steps from the beach in prestigious South Oak Bay, this modern gem excites the senses and truly is a unique work of art. Choosing natural, organic and sustainable materials, master craftsmen and artisans curated a home of exceptional quality, nourishing the soul and supporting physical and mental well being, in harmony with nature. Offering three luxurious levels of living for the environmentally conscious couple, seeking state of the art amenities, the home is ideal for indoor outdoor living from its sensational gourmet kitchen and expansive open floor plan to the spacious walk-out deck, inviting alfresco fetes. Among The unusual features is a totem pole (which can be removed - not structural) and etched glass panels designed by award winning master carver, First Nations artist Klatle-bhi. Every season is honoured in the professionally landscaped garden designed by Demitasse with transcendent, meandering stone walkways and offering a fabulous array of exquisite perennials, shrubs and graceful trees. The property is private, fully fenced (Red Balau hardwood) and secured by two automated gates. Finished to the same exacting standards, the separate guest house provides a comfortable hermitage to a family member, boasting its own custom three piece bath, deck and pergola laced with red and green grape vines. Bathed in natural light by day and dramatically illuminated by night, noetic purchasers appreciative of the home's gravitas, are encouraged to view twice in both lights. Situated on the ''beach block'', located close to the Victoria Golf Club, Victoria's finest private and public schools, parks, shopping, surround yourself in the unparalleled beauty and unequalled lifestyle in one of Canada's finest neighbourhoods. (id:65179)

Property details

From the listing's public record.

Lot size

6,780 square feet

Year built

2017

Taxes

$10,661/yr

Zoning

Multi-Family

Appliances

WasherRefrigeratorDishwasherStoveDryerGarburator

Heating

Heat PumpHeat Recovery Ventilation (HRV)Natural gas

Cooling

Air Conditioned

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Apr 9, 2026

    Listed $2,995,000

    Active81 days on marketMLS 1031507
  2. Jan 27, 2026

    Listed $3,080,000

    Cancelled56 days on marketMLS 1024342
  3. May 12, 2025

    Listed $3,500,000

    Cancelled232 days on marketMLS 999598
  4. Sep 19, 2024

    Listed $4,375,000

    Cancelled102 days on marketMLS 976598
  5. Jul 4, 2016

    $820,000

    Sold2 days on marketMLS 722326

How this listing compares

Based on 90 sales in South Oak Bay

Median sold

$1,892,500

Avg days on market

44 days

Avg sale-to-list

97.8%

Avg $/sqft

$699

Price per square foot

This home: $1,070/sqftArea average: $699/sqft

Above area average

Current market in South Oak Bay

Active (same type)

36

Pending

18

All active listings

61

Months of supply

4.8

Balanced market4.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,118,000

Land

$1,356,000

Improvements

$762,000

Homes in Oak Bay sell at 154.9% of assessed value on average.

Based on 214 recent sales.

Local price trend

How South Oak Bay has moved over the last decade.

85116146Jul 2016May 2021May 2026

Local price index (normalized) · 117 months

Recent nearby sales

12 sales
  • 614 Monterey Ave

    $2,300,000

    3 bd · 3 ba · 2,767 sqft · $831/sqft · 55 days on market

    Sold Jun 29, 2026 · 92.2% of list

  • 2015 Runnymede Ave

    $1,480,000

    2 bd · 2 ba · 2,339 sqft · $633/sqft · 77 days on market

    Sold Jun 26, 2026 · 92.5% of list

  • 611 Island Rd

    $2,550,000

    3 bd · 3 ba · 5,442 sqft · $469/sqft · 159 days on market

    Sold Jun 16, 2026 · 98.1% of list

  • 895 Falkland Rd

    $1,545,000

    4 bd · 3 ba · 3,162 sqft · $489/sqft · 19 days on market

    Sold Jun 16, 2026 · 99.7% of list

  • 1274 Hewlett Pl

    $1,198,880

    3 bd · 1 ba · 1,908 sqft · $628/sqft · 12 days on market

    Sold Jun 5, 2026 · 92.2% of list

  • 2105 Windsor Rd

    $1,475,000

    2 bd · 2 ba · 1,869 sqft · $789/sqft · 16 days on market

    Sold Jun 1, 2026 · 98.3% of list

  • 2125 Hall Rd

    $1,651,000

    4 bd · 2 ba · 3,482 sqft · $474/sqft · 12 days on market

    Sold Jun 1, 2026 · 97.4% of list

  • 1043 Roslyn Rd

    $1,250,000

    5 bd · 2 ba · 2,377 sqft · $526/sqft · 24 days on market

    Sold May 29, 2026 · 96.2% of list

  • 750 Island Rd

    $2,635,000

    5 bd · 4 ba · 4,200 sqft · $627/sqft · 45 days on market

    Sold May 29, 2026 · 97.6% of list

  • 675 Monterey Ave

    $1,695,000

    3 bd · 3 ba · 2,543 sqft · $667/sqft · 13 days on market

    Sold May 29, 2026 · 100% of list

  • 1030 Falkland Rd

    $1,399,000

    2 bd · 2 ba · 2,226 sqft · $628/sqft · 2 days on market

    Sold May 22, 2026 · 100% of list

  • 535 Falkland Rd

    $2,050,000

    4 bd · 4 ba · 3,101 sqft · $661/sqft · 15 days on market

    Sold May 15, 2026 · 97.9% of list

More on this listing

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