About this home

eEuropean-inspired elegance meets modern living in this exceptional South Oak Bay residence. Situated on a quiet side street just steps from Oak Bay Avenue, parks, schools, transit, and the waterfront, this beautifully updated home seamlessly blends timeless character with contemporary comfort. The stunning open-concept kitchen addition in 2023 by Villamar features premium Miele and KitchenAid appliances, custom cabinetry, coffered ceilings, and Hunter Douglas blinds throughout. Major upgrades include new electrical, newer windows,and infloor Heating kitchen area Roof is 20years old that is regularly inspected and maintained, mostly updated perimeter drains, and new basement flooring. The detached garden suite with a 4-piece bath offers outstanding flexibility as a guest retreat, home office, studio, or space for extended family. Outside, enjoy a professionally redesigned garden by Demitasse Landscapers featuring a pond, fountain, automated irrigation, and night lighting. move-in-ready home in one of Victoria's most coveted neighbourhoods.

Home facts

Bedrooms: 4
Bathrooms: 2 full
Interior: 2,460 sq ft
Lot size: 5,830 sq ft
Year built: 1921
Parking: 2
Property type: Single Family
Fireplace: 1
Area: South Oak Bay
Style: Character
Listed: June 15, 2026
Structure: House
PID: 007-882-670
Common interest: Freehold

Highlights

Waterfront

Features and inclusions

Appliances: Washer, Refrigerator, Dishwasher, Dryer, Oven - Built-In
Heating: Electric, Hot Water, Other
Cooling: Window air conditioner
Lot: Central location, Private setting, Other, Rectangular, Marine Oriented

Rooms and building

Water
Zoning: Residential

Listed by RE/MAX Camosun. Last updated Oct 15, 2026, 9:05 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.

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: $10,973
Property tax: $675/mo
Home insurance: $150/mo
Estimated monthly total: $11,798

Purchase snapshot

List price: $2,315,000
Down payment: $463,000 (20%)
Estimated mortgage: $1,852,000

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Fairway Market Athlone Court14 min

Bike to Capital City Station19 min

Walk to Capital City Station1h 4m

Drive to downtown Vancouver3h 53m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 50%

Homes for sale nearby, by type

Detached122 for sale

Condo / Apartment53 for sale

Townhouse46 for sale

Duplex10 for sale

Land8 for sale

Other6 for sale

Active listings within 3 km of this home.

Homes built in Oak Bay, by type

Single-detached84.6% · 165

Low-rise apartment7.7% · 15

Apartment in duplex5.1% · 10

Semi-detached2.6% · 5

Source: Statistics Canada, 2021 Census of Population. 195 dwellings.

Who lives here

Statistics Canada area 59170209 · Oak Bay

Median age: 51
Renter households: 27%
Average household size: 2.5
Median household income: $123,000

Population (2021): 485
Median rent: $2,200
Owner shelter cost: $1,410
30%+ of income on shelter: 15%
Owner households: 73%
Households with kids: 38%
Immigrants: 23%
Post-secondary: 72%
Average home value (2021): $1,600,000

Breakdown

$20,000 to $24,9992.6% · 5

$35,000 to $39,9992.6% · 5

$40,000 to $44,9992.6% · 5

$50,000 to $59,9992.6% · 5

$60,000 to $69,9997.7% · 15

$70,000 to $79,9995.1% · 10

$80,000 to $89,9995.1% · 10

$90,000 to $99,9997.7% · 15

$100,000 to $124,99912.8% · 25

$125,000 to $149,99910.3% · 20

$150,000 to $199,99910.3% · 20

$200,000 and over30.8% · 60

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170209.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Building and renovation permitsConfirm that significant work was properly permitted.
Survey or site planReview boundaries, structures, and encroachments.

Availability is not guaranteed. Review documents with a professional.

2366 Zela Street

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