- Active
#302 – 1280 Newport Avenue
Oak Bay · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,580
- Built
- 1980
Listed by Royal LePage Coast Capital - Oak Bay · MLS® 1048203
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Sign inAbout this home
Welcome to Oak Harbour, an exceptional opportunity to experience refined Oak Bay living. This impeccably maintained boutique steel-and-concrete building offers just eight residences in one of Vancouver Island's most sought-after locations. This stunning corner suite of nearly 1,600 sq. ft. has been comprehensively renovated from top to bottom, showcasing exceptional quality, craftsmanship and meticulous attention to detail. The beautifully appointed 2-bedroom, 2-bathroom home is filled with natural light and offers generous proportions, elegant finishes and an enviable sense of privacy, with only two suites per floor.Features include an exceptionally designed gourmet kitchen with premium finishes, a spa-inspired ensuite, in-suite laundry, secure underground parking. Steps from Oak Bay Village, with its excellent shopping, restaurants and cafés, Windsor Park, the marina and miles of waterfront walking, with world-class golf nearby.A truly special home in an exceptional Oak Bay setting.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,580 sq ft
- Lot size
- 1,568 sq ft
- Year built
- 1980
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- South Oak Bay
- Listed
- September 1, 2026
- Structure
- Apartment
- PID
- 000-062-715
- Common interest
- Condo/Strata
Highlights
- Ocean view
- Waterfront
- In-suite laundry
- Underground parking
Features and inclusions
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer, Freezer
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Parking
- Underground
- Community
- Pets Allowed With Restrictions, Age Restrictions
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
- $8,460
- Property tax
- $517/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $9,127
Purchase snapshot
- List price
- $1,785,000
- Down payment
- $357,000 (20%)
- Estimated mortgage
- $1,428,000
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
- $9,778
- 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
- $1,300 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.
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 · 52%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
