About this home

An exceptional development opportunity, or live in an amazing location in the heart of Oak Bay with a mortgage helper! This rare 11,000+ sqft. sun-drenched corner lot offers coveted South exposure on a quiet street, just steps to everything that makes this community so desirable. Enjoy an easy walk to Willows Beach, Estevan Village, Oak Bay Village, and Oak Bay Recreation Centre, with top-rated schools including Oak Bay High and Willows Elementary only minutes away. The existing side-by-side duplex features spacious 3 bedroom homes on each side, complete with garages and private fenced yards, providing strong holding income while you plan your vision. Whether you’re looking to live in a prime location, invest, redevelop, or hold, this property offers endless potential in one of Victoria’s most prestigious neighbourhoods. Opportunities like this are rarely available, don’t miss your chance!

Home facts

Bedrooms: 6
Bathrooms: 2 full
Interior: 1,956 sq ft
Lot size: 11,388 sq ft
Year built: 1951
Parking: 4
Property type: Single Family
Garage: Yes
Area: Henderson
Listed: July 16, 2026
Structure: House
PID: 000-628-000
Common interest: Freehold

Features and inclusions

Appliances: Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Heating: Forced air, Electric
Cooling: None
Parking: Attached Garage, Garage

Rooms and building

Water
Zoning: Residential

Listed by Engel & Volkers Vancouver Island. Last updated Sep 29, 2026, 2:35 PM.

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: $7,086
Property tax: $433/mo
Home insurance: $150/mo
Estimated monthly total: $7,669

Purchase snapshot

List price: $1,495,000
Down payment: $299,000 (20%)
Estimated mortgage: $1,196,000

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

Stress test this mortgage

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: $8,189; 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

Open the map

Walk to The Old Farm Market7 min

Bike to Capital City Station19 min

Walk to Capital City Station1h 2m

Drive to downtown Vancouver3h 49m

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 · 47%

Homes for sale nearby, by type

Detached154 for sale

Condo / Apartment95 for sale

Townhouse54 for sale

Land12 for sale

Duplex10 for sale

Other6 for sale

Active listings within 3 km of this home.

Homes built in Oak Bay, by type

Low-rise apartment62.3% · 190

Single-detached32.8% · 100

Apartment in duplex3.3% · 10

Semi-detached1.6% · 5

Source: Statistics Canada, 2021 Census of Population. 305 dwellings.

Who lives here

Statistics Canada area 59170184 · Oak Bay

Median age: 40
Renter households: 68%
Average household size: 2.0
Median household income: $63,200

Population (2021): 606
Median rent: $1,240
Owner shelter cost: $665
30%+ of income on shelter: 30%
Owner households: 32%
Households with kids: 25%
Immigrants: 32%
Post-secondary: 67%
Average home value (2021): $1,140,000

Breakdown

Under $5,0003.3% · 10

$15,000 to $19,9993.3% · 10

$20,000 to $24,9998.3% · 25

$25,000 to $29,9995.0% · 15

$30,000 to $34,9993.3% · 10

$35,000 to $39,9996.7% · 20

$40,000 to $44,9996.7% · 20

$45,000 to $49,9993.3% · 10

$50,000 to $59,9998.3% · 25

$60,000 to $69,9996.7% · 20

$70,000 to $79,9996.7% · 20

$80,000 to $89,9996.7% · 20

$90,000 to $99,9995.0% · 15

$100,000 to $124,99910.0% · 30

$125,000 to $149,9993.3% · 10

$150,000 to $199,9998.3% · 25

$200,000 and over5.0% · 15

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170184.

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.

2442/2462 Eastdowne Road

About this home