- Active
736 Falkland Road
Oak Bay · Single Family
- Beds
- 5
- Baths
- 4
Oak Bay · Single Family
Listed by The Agency · MLS® 1053736
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Sign inDiscover modern elegance in this completely rebuilt 5-bedroom, 4-bathroom residence in sought-after South Oak Bay. Striking architecture, arched windows and black-framed glazing create a distinctive first impression, while warm natural wood, wide-plank flooring and sculpted finishes bring a sense of calm and sophistication throughout. Natural light pours through expansive windows, sliding doors and skylights, creating a seamless connection to the outdoors. The beautifully appointed kitchen features custom wood cabinetry, marble surfaces and a timeless palette, while a sculptural fireplace anchors the main living space with warmth and architectural character. The main level also offers two spacious bedrooms and two beautifully finished bathrooms, plus a laundry room, providing exceptional flexibility and the ease of main-level living. Upstairs, the primary retreat is a private sanctuary with a balcony overlooking the garden, dedicated closet hallway, sitting area and spa-inspired 5-piece ensuite. The lower level offers a fully legal 2-bedroom suite with its own kitchen, laundry, media room, storage and private exterior access. Outside, the west-facing backyard is framed by lush gardens designed by Demitasse, creating a private setting for dining, entertaining and long summer evenings. Just moments from the ocean, beaches, parks, local amenities and downtown Victoria, this is a beautifully considered South Oak Bay home where architectural character, contemporary design and West Coast living come together effortlessly.
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.
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Estimates only. They leave out utilities, upkeep and closing costs.
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Condo / Apartment · 39%
Active listings within 3 km of this home.
Source: Statistics Canada, 2021 Census of Population. 175 dwellings.
Statistics Canada area 59170206 · Oak Bay
Source: Statistics Canada, 2021 Census Profile, dissemination area 59170206.
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For investors
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.
Property tax
Municipal, regional, hospital and school rates combined.
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
$3,500,000
$805/sqft
4 bd · 4 ba · 4,350 sqft
1387 St. David Street
Oak Bay · Single Family
$2,499,900
$798/sqft
5 bd · 3 ba · 3,134 sqft
2125 Central Avenue
Oak Bay · Single Family
$2,899,900
$885/sqft
4 bd · 4 ba · 3,275 sqft
1033 Monterey Avenue
Oak Bay · Single Family
$3,490,000
$621/sqft
7 bd · 5 ba · 5,620 sqft
2835 Lincoln Road
Oak Bay · Single Family
$2,718,000
$793/sqft
4 bd · 4 ba · 3,427 sqft
376 King George Terrace
Oak Bay · Single Family
$2,995,000
$1,070/sqft
3 bd · 3 ba · 2,800 sqft
626 Monterey Avenue
Oak Bay · Single Family
Land and hazards
Provincial designations and mapped natural hazards at this location.
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)
Borrowing costs
The rates behind any payment estimate on this page.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-10-29