- Active
626 Monterey Avenue
Oak Bay · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 2,800
- Built
- 2017
Listed by Royal LePage Coast Capital - Oak Bay · MLS® 1047327
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Sign inAbout this home
One of a kind, sustainable masterpiece! Located just steps from the beach in prestigious South Oak Bay, this modern gem excites the senses and truly is a unique work of art. Choosing natural, organic and sustainable materials, master craftsmen and artisans curated a home of exceptional quality, nourishing the soul and supporting physical and mental well being, in harmony with nature. Offering three luxurious levels of living for the environmentally conscious couple, seeking state of the art amenities, the home is ideal for indoor outdoor living from its sensational gourmet kitchen and expansive open floor plan to the spacious walk-out deck, inviting alfresco fetes. Among The unusual features is a totem pole (which can be removed - not structural) and etched glass panels designed by award winning master carver, First Nations artist Klatle-bhi. Every season is honoured in the professionally landscaped garden designed by Demitasse with transcendent, meandering stone walkways and offering a fabulous array of exquisite perennials, shrubs and graceful trees. The property is private, fully fenced (Red Balau hardwood) and secured by two automated gates. Finished to the same exacting standards, the separate guest house provides a comfortable hermitage to a family member, boasting its own custom three piece bath, deck and pergola laced with red and green grape vines. Bathed in natural light by day and dramatically illuminated by night, noetic purchasers appreciative of the home's gravitas, are encouraged to view twice in both lights. Situated on the ''beach block'', located close to the Victoria Golf Club, Victoria's finest private and public schools, parks, shopping, surround yourself in the unparalleled beauty and unequalled lifestyle in one of Canada's finest neighbourhoods.
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 2,800 sq ft
- Lot size
- 6,780 sq ft
- Year built
- 2017
- Parking
- 2
- Property type
- Single Family
- Fireplaces
- 2
- Area
- South Oak Bay
- Listed
- August 20, 2026
- Structure
- House
- PID
- 007-840-217
- Common interest
- Freehold
Highlights
- Golf course
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Garburator
- Heating
- Heat Pump, Heat Recovery Ventilation (HRV), Natural gas
- Cooling
- Air Conditioned
- Parking
- Street
Rooms and building
- Water
- Zoning
- Multi-Family
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
- $14,196
- Property tax
- $875/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $15,221
Purchase snapshot
- List price
- $2,995,000
- Down payment
- $599,000 (20%)
- Estimated mortgage
- $2,396,000
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
- $16,406
- 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 · 48%
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.