Set in the heart of South Oak Bay, this exceptional 7,893 sq.ft. southwest-facing corner lot offers unobstructed views over McNeill Bay and toward the Olympic Mountains. With 87 ft. of frontage on Beach Drive and 85 ft. on St. Patrick’s Street, the property presents a rare and highly desirable building opportunity. The existing 1,423 sq.ft. three-bedroom, one-bath rancher provides holding income, though the true value lies in the land and its premier location. Whether you envision a custom dream home or are a developer exploring multi-unit potential (buyer to verify with the District of Oak Bay), this is a remarkable opportunity. Just steps to Oak Bay Village, Victoria Golf Club, and Oak Bay Beach Hotel. Offered at $2.1M.
For sale
C$1,950,000
406 Beach Dr, Oak Bay, BC V8S 2M4
3beds
1baths
1,423sqft
Single Family Residence
Built in 1952
7,840 Square Feet Lot
$-- Zestimate®
C$1,370/sqft
C$-- HOA
What's special
Southwest-facing corner lot
- 115 days |
- 150 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Dean Innes Personal Real Estate Corporation,
Sotheby's International Realty Canada
Source: VIVA,MLS®#: 1030681
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Kitchen
- Level: Main
Heating
- Forced Air
Cooling
- None
Appliances
- Laundry: Inside
Features
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Living Room, Wood Burning
Interior area
- Total structure area: 1,423
- Total interior livable area: 1,423 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Ground Level Main Floor
Features
- Entry location: Ground Level
- Has view: Yes
- View description: Mountain(s), Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 001081659
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame Wood
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- Resale
- New construction: No
- Year built: 1952
Utilities & green energy
- Water: Municipal
- Utilities for property: Sewer Connected
Community & HOA
Location
- Region: Oak Bay
Financial & listing details
- Price per square foot: C$1,370/sqft
- Tax assessed value: C$1,907,000
- Annual tax amount: C$9,928
- Date on market: 4/1/2026
- Ownership: Freehold
Dean Innes Personal Real Estate Corporation
Dean Innes Personal Real Estate Corporation
(250) 686-0279
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Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | C$1,950,000-7.1%C$1,370/sqft |
Source: VIVA #1030681 Report a problem | ||
| 4/1/2026 | Listed for sale | C$2,100,000C$1,476/sqft |
Source: VIVA #1030681 Report a problem | ||
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: V8S
Nearby schools
GreatSchools rating
- NAGriffin Bay SchoolGrades: K-12Distance: 15.8 mi
- 9/10Friday Harbor High SchoolGrades: 9-12Distance: 15.7 mi
- 6/10Friday Harbor Elementary SchoolGrades: K-5Distance: 15.7 mi
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