DESIRABLE & PRESTIGIOUS UPLANDS ESTATES! An exclusive, private & gated adult-oriented community situated in a masterfully landscaped, park-like setting complete w/water-features & a plethora of flowers & shrubs. Ideally located in one of the most sought-after communities on Southern Vancouver Island, this bright, spacious & lovingly maintained 3 bedroom, 3 bathroom townhouse enjoys a functional & thoughtful floor plan & an abundance of natural light thru a profusion of picture windows. Large kitchen w/island & plenty of cabinetry/counter space & eating area opening to private front balcony. Formal dining area is ideal for family dinners. Oversized living rm w/cozy fireplace & french door to balcony. Bedroom/den/office opens to enclosed sunroom. 2pc bathroom & laundry complete main lvl. Up: main bathroom & 2 more bedrooms (both w/their own private balconies) including primary suite w/walk-in closet & 3pc ensuite. Down: storage rm & attached DBL garage! Bonus: exterior storage rm too!
Central location, Private setting, Irregular lot size, Other, Marine Oriented, Gated community
Community
Pets Allowed With Restrictions, Age Restrictions
Additional details
Common interest
Condo/Strata
Listed by RE/MAX Camosun. Last updated Jul 8, 2026, 11:10 AM.
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.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $199,980 down (20%) on $999,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 254 listings
Detached
127
50.0%
Condo / Apartment
63
24.8%
Townhouse
49
19.3%
Duplex
8
3.1%
Land
6
2.4%
Other
1
0.4%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Oak Bay · 240 dwellings
Single-detached155 · 64.6%
Row house60 · 25.0%
Apartment in duplex25 · 10.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59170593· Oak Bay· 1.72 km²
Median rent here
$1,606
Owner shelter cost
$1,330
Renters
3.7%
30%+ on shelter
20.8%
Population (2021)
589
Median age
55.6
Avg household size
2.4
Avg household income
$160,000
Renters
3.7%
Owners
94.4%
Immigrants
26.2%
Post-secondary
77.2%
Avg home value
$1,430,000
Single status
24.8%
Not in labour force
49.6%
Households with kids
29.2%
Median rent
$1,606
Owner shelter cost
$1,330
30%+ on shelter
20.8%
Breakdown
$40,000 to $44,999
10
4.7%
$50,000 to $59,999
10
4.7%
$70,000 to $79,999
10
4.7%
$80,000 to $89,999
10
4.7%
$90,000 to $99,999
15
7.0%
$100,000 to $124,999
30
14.0%
$125,000 to $149,999
25
11.6%
$150,000 to $199,999
35
16.3%
$200,000 and over
70
32.6%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170593).
Market story
Rent in Oak Bay
Census 2021 avg $1,606/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
