- Active
374 Sunset Avenue
Oak Bay · Single Family
- Beds
- 5
- Baths
- 7
- Sqft
- 5,789
- Built
- 2021
Listed by Engel & Volkers Vancouver Island · MLS® 1038898
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Sign inAbout this home
Welcome to 374 Sunset Avenue, an exceptional custom residence in the heart of South Oak Bay, where timeless design, outstanding craftsmanship, and breathtaking ocean and mountain views create an extraordinary place to call home. Thoughtfully designed with exceptional custom millwork throughout, this home offers elegant yet functional living spaces finished to the highest standard. The chef’s kitchen is appointed with premium Sub-Zero and Wolf appliances, custom two-tone cabinetry, and a walk-through butler’s pantry. Modern comfort is enhanced by dual-zone heat pumps with air conditioning, in-floor radiant heat, Control4 smart home automation, an elevator, and an EV-ready garage. The luxurious primary ensuite features a Kohler DTV+ digital shower system, while the lower level boasts a spectacular home theatre complete with a 4K projector and 150-inch screen, plus a stylish wet bar. Outside, enjoy a beautifully designed, low-maintenance backyard featuring a sport court, outdoor kitchen, fire pit, and hot tub—an exceptional setting for family living and entertaining.
Home facts
- Bedrooms
- 5
- Bathrooms
- 7 full
- Interior
- 5,789 sq ft
- Lot size
- 10,920 sq ft
- Year built
- 2021
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- South Oak Bay
- Listed
- June 2, 2026
- Structure
- House
- PID
- 007-925-468
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- Air conditioning
- Private yard
- Hot tub
- Sub-Zero fridge
Features and inclusions
- Appliances
- Washer, Refrigerator, Hot Tub, Range - Gas, Dishwasher, Range, Dryer, Microwave, Freezer, Oven - Built-In
- Heating
- Heat Pump, Other
- Cooling
- Air Conditioned
- Parking
- Garage
- Lot
- Private setting, Other
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
- $23,461
- Property tax
- $1,442/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $25,053
Purchase snapshot
- List price
- $4,949,900
- Down payment
- $989,980 (20%)
- Estimated mortgage
- $3,959,920
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
- $27,115
- 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 · 45%
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.
