- Active
3475 Upper Terrace Road
Oak Bay · Single Family
- Beds
- 6
- Baths
- 7
- Sqft
- 5,878
- Built
- 1914
Listed by The Agency · MLS® 1049997
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Sign inAbout this home
Set on a private 1.084-acre lot along a picturesque tree-lined street in prestigious Uplands, this dreamy 1914 Tudor home offers exceptional privacy and a rare blend of historic charm and refined modern living. Substantially renovated and thoughtfully expanded over time, the home showcases the finest materials while preserving its heritage character. Inside, impeccable attention to detail is evident throughout, with hardwood floors, marble finishes, stone vanities, and elegant ceiling mouldings that reflect the home’s refined craftsmanship while blending timeless elegance with modern comfort. The kitchen and eating area feature beautiful arched ceilings and overlook the landscaped gardens, creating a stunning setting that will impress and entertain while seamlessly connecting indoor and outdoor living. The main floor offers an elegant and functional layout with a living room, card room, family room, office, and den—ideal for both entertaining and everyday living. Upstairs, the spacious primary bedroom includes a large walk-in closet and a luxurious 6-piece ensuite with a bathtub perfectly positioned to capture sea views. Three additional bedrooms and three bathrooms complete the second floor. The beautifully landscaped grounds provide a private retreat with a tennis court, greenhouse, detached double garage, and a self-contained lower suite ideal for in-laws or visiting guests. Enjoy panoramic water views from this exceptional property. Adding further value, the property presents future development potential with the possibility to subdivide into three lots: two stratified lots of 6,759 sq ft each and one SFD lot of 33,351 sqft. Minutes from schools, parks, UVic, Uplands Golf Club, and the Royal Victoria Yacht Club, this is a truly special offering in one of Victoria’s most coveted neighbourhoods.
Home facts
- Bedrooms
- 6
- Bathrooms
- 7 full
- Interior
- 5,878 sq ft
- Year built
- 1914
- Parking
- 5
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 6
- Area
- Uplands
- Style
- Tudor
- Listed
- September 16, 2026
- Structure
- House
- PID
- 001-034-707
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Double garage
- Golf course
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Range, Dryer, Microwave, Freezer
- Heating
- Baseboard heaters, Electric, Hot Water, Other
- Cooling
- None
- Parking
- Detached Garage, Garage, Open
- Lot
- Acreage, Private setting, Southern exposure, Other, Rectangular, Marine Oriented
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
- $30,808
- Property tax
- $1,900/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $32,858
Purchase snapshot
- List price
- $6,500,000
- Down payment
- $1,300,000 (20%)
- Estimated mortgage
- $5,200,000
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
- $35,606
- 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
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 · 49%
Who lives here
Documents
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Availability is not guaranteed. Review documents with a professional.