1539 Monterey Ave
Oak Bay
V8R 5V3
$1,200,000
Residential
beds: 3
baths: 2.0
2,322 sq. ft.
built: 1911
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1002731
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1911
- Photos (33)
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A rare and exciting opportunity to acquire a property in the heart of North Oak Bay, one of Victoria’s most desirable and established neighborhoods. Situated on a 6,000 sf lot with a neighboring separately titled 8x120 strip of property included.
Centrally located just steps from beautiful Oak Bay Village, you'll enjoy easy access to charming shops, cafes, restaurants, and essential amenities, all within walking distance. This is a quiet, tree-lined residential area that perfectly blends community charm with urban convenience.
The property is priced primarily for land value and is listed well below the BC Assessment, making it an outstanding investment opportunity. Ideal for builders, developers, or savvy buyers looking to built their dream home in an unbeatable location.
Opportunities like this don’t come often — explore the possibilities today.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1911 (Age: 114)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,322 sq. ft.
- Listing General Location:
- OB North Oak Bay, Oak Bay
- Bedrooms:
- 3
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 6,900 sq. ft.
- Lot Details:
- 50 x 120
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Concrete, Frame Wood, Wood
- Basement:
- Full, Unfinished
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Total Building Area:
- 3,009 sq. ft.
- Total Unfinished Area:
- 687 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 4
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 927 sq. ft.
- Living Area Main Floor:
- 1,418 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 964 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- None
- Heating:
- Electric, Natural Gas
- Fireplace:
- Yes
- Pending Date:
- Signup
- North side of the Oak Bay Avenue
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Victoria
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Owner
- Property Condition:
- Contact List Licensee
- Exposure / Faces:
- West
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Driveway, Garage
- Total Parking Spaces:
- 2
- Total Units:
- Signup
- Date Listed:
- Jun 09, 2025
- Original Price:
- 1200000.0
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Virtual Tour
Listed by RE/MAX Island Properties
Data was last updated June 11, 2025 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $1,624,000
- Min list price:
- $369,900
- Max list price:
- $3,499,000
- Avg days on market:
- 18
- Min days on market:
- 1
- Max days on market:
- 61
- Avg price per sq.ft.:
- $658.49
These statistics are generated based on the current listing's property type
and located in
OB North Oak Bay. Average values are
derived using median calculations.
- ALEXI ARGYRIOU
- ENGEL & VOLKERS OAK BAY
- 1 (250) 8885449
- Contact by Email
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