About this home

First time on the market in over 35 years! This 5-bedroom, 3-bathroom Oak Bay home offers approximately 2,935 sq.ft. of finished space on a 12,630 sq.ft. lot. The main floor has three bedrooms and an updated kitchen; upstairs is a primary suite with ensuite and bonus room. The lower level includes a 1-bedroom suite with its own kitchen and living area. A gardener’s delight, the fenced and hedged grounds feature palms, fruit trees, roses, a vegetable garden, water features, full irrigation and a swimming pool. A gated driveway adds privacy and security. Updates include bathrooms, triple-pane windows and a new roof with a 50-year warranty; the home also has hot water heating. Close to Estevan Village, Willows Beach and schools, this is a wonderful opportunity to own a family home in a sought-after neighbourhood.

Home facts

Bedrooms: 6
Bathrooms: 3 full
Interior: 2,935 sq ft
Lot size: 12,630 sq ft
Year built: 1937
Parking: 4
Property type: Single Family
Garage: Yes
Fireplaces: 2
Area: Estevan
Style: Character
Listed: October 2, 2026
Structure: House
PID: 005-327-563
Common interest: Freehold

Highlights

Pool

Features and inclusions

Appliances: Dishwasher
Heating: Natural gas, Wood, Hot Water
Cooling: None
Parking: Garage
Lot: Central location, Curb & gutter, Level lot, Southern exposure, Corner Site, Other, Marine Oriented

Rooms and building

Water
Zoning: Residential

Listed by RE/MAX Camosun. Last updated Oct 2, 2026, 7:55 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: $10,423
Property tax: $642/mo
Home insurance: $150/mo
Estimated monthly total: $11,214

Purchase snapshot

List price: $2,199,000
Down payment: $439,800 (20%)
Estimated mortgage: $1,759,200

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

Stress test this mortgage

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

Estimated annual tax: $12,046; 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

For investors

As a rental

Estimated rent: $1,701 a month
Gross yield: 0.9%

Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.

Rent vs mortgage at $1,701

Neighbourhood

Open the map

Walk to The Old Farm Market4 min

Bike to Capital City Station21 min

Walk to Capital City Station1h 11m

Drive to downtown Vancouver3h 48m

Estimated travel times. Map data © OpenStreetMap contributors.

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 · 49%

Who lives here

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.

About this home