626 Monterey Ave
$2,995,000
South Oak Bay
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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
$11,602/yr
Zoning
Multi-Family
Appliances
Heating
Cooling
Price history
6 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 20, 2026
Listed $2,995,000
Active10 days on marketMLS 1047327Apr 9, 2026
Listed $2,995,000
Ddf_delisted113 days on marketMLS 1031507Jan 27, 2026
Listed $3,080,000
Cancelled56 days on marketMLS 1024342May 12, 2025
Listed $3,500,000
Cancelled232 days on marketMLS 999598Sep 19, 2024
Listed $4,375,000
Cancelled102 days on marketMLS 976598Jul 4, 2016
$820,000
Sold2 days on marketMLS 722326
How this listing compares
Based on 84 sales in South Oak BayMedian sold
$1,867,500
Avg days on market
44 days
Avg sale-to-list
97.9%
Avg $/sqft
$700
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
30
Pending
15
All active listings
49
Months of supply
4.3
Balanced market — 4.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,118,000
Homes in Oak Bay sell at 161.4% of assessed value on average.
Based on 195 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
$2,995,000 − $599,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$668,350
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.
Listed by Royal LePage Coast Capital - Oak Bay