- Active
1033 Monterey Avenue
Oak Bay · Single Family
- Beds
- 4
- Baths
- 4
- Sqft
- 3,275
- Built
- 1912
Listed by The Agency · MLS® 1050653
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Sign inAbout this home
A distinguished character residence in the heart of South Oak Bay, beautifully preserved and thoughtfully enhanced for contemporary living. Set in one of Victoria’s most established and sought-after neighbourhoods, the home is ideally positioned close to Oak Bay Avenue, with its renowned restaurants, cafés, boutiques and everyday amenities, while nearby beaches and the waterfront provide an effortless connection to the coast. Major renovation work by Zebra Design & Construction complements the home’s original architectural character. A welcoming reception area leads to elegant living and dining spaces with nine-foot coffered ceilings, classic columns, window seats and custom built-ins. The living and family rooms offer inviting settings for both entertaining and quiet enjoyment, with a fireplace adding warmth to the family room. The sophisticated kitchen features high-end appliances, extensive cabinetry and a dramatic single-slab granite island, with direct access to the east-facing deck—perfect for morning coffee, al fresco dining and entertaining. Upstairs, three bedrooms and two bathrooms include a generous primary suite with full ensuite and walk-in closet. The extensively renovated walk-out lower level offers exceptional flexibility, with an additional bedroom and ensuite, redesigned media room, three-piece bathroom, laundry, wine cellar, generous storage and two dedicated workshops. Outside, new landscaping and hardscaping create beautifully considered grounds, complemented by new deck stairs, rails and vinyl surfacing, a hinged rear gate providing vehicle access and a new garage. Ideally located within walking distance of Windsor Park, the ocean and Oak Bay Village, with its renowned restaurants, cafés, pubs, library, activity centre and shopping. An exceptional opportunity in one of Victoria’s most coveted neighbourhoods.
Home facts
- Bedrooms
- 4
- Bathrooms
- 4 full
- Interior
- 3,275 sq ft
- Lot size
- 6,000 sq ft
- Year built
- 1912
- Parking
- 2
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- South Oak Bay
- Style
- Character
- Listed
- September 24, 2026
- Structure
- House
- PID
- 008-124-779
- Common interest
- Freehold
Highlights
- Waterfront
- Wine fridge
- Fireplace
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dryer, Microwave, Oven - Built-In
- Heating
- Baseboard heaters, Forced air, Electric, Natural gas, Other
- Cooling
- None
- Parking
- Attached Garage, Detached Garage, Garage
- Lot
- Central location, Level lot, Private setting, Southern exposure, Wooded area, Partially cleared, Other, Rectangular, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $14,219
- Property tax
- $875/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $15,244
Purchase snapshot
- List price
- $3,000,000
- Down payment
- $600,000 (20%)
- Estimated mortgage
- $2,400,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $16,434
- At 5.4779 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 48%
Who lives here
Documents
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