South Oak Bay

An exclusive neighbourhood surrounded by the sea

South Oak Bay

The stunning neighbourhood of South Oak Bay is a harmony of historical charm and modern development. Where character homes and oceanfront cottages coexist with contemporary residences, creating a uniquely picturesque neighbourhood. 

Nestled in this oceanside area, you can find parks, educational institutions, and commercial pockets making this neighbourhood appealing for those who are looking for an established community. Oak Bay Village, the area’s commercial hub, is located on Oak Bay Avenue that separates North and South Oak Bay. Here you can find municipal buildings, services, cafes, restaurants and local shops and boutiques. 

If you’re ready to find your dream home in South Oak Bay, contact us today!

Getting Around South Oak Bay

Victoria Airport: 35 minute drive
Victoria Ferry Terminal: 40 minutes drive
Downtown: 10 minute drive or 15 minutes by public transport

Real Estate Listings in South Oak Bay

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318 Newport Ave

OB South Oak Bay Oak Bay V8S 5C5

$4,249,000

Residential beds: 3 baths: 3.0 3,226 sq. ft. built: 1912

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• Details
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Status:

Active

Prop. Type:

Residential

MLS® Num:

1040157

Bedrooms:

3

Bathrooms:

3

Year Built:

1912

• Photos (60)

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Set on one of South Oak Bay’s most coveted streets, this beautifully maintained residence offers over 3,200 sq ft of living space and timeless architectural appeal. Rich in character, the home features soaring ceilings, graceful archways, leaded glass accents, detailed woodwork, and hardwood floors throughout. The main level is designed for both everyday living and entertaining, offering gracious living and dining rooms, a spacious kitchen w/eating area, family room, office, and seamless access to multiple patios and beautifully landscaped gardens. Upstairs, the primary retreat enjoys views toward Victoria Golf Club and the ocean, complete w/a sitting area, walk-in closet, and ensuite. Two additional bedrooms, a full bathroom, and a dedicated laundry complete the upper level. An unfinished lower level provides excellent storage space. Perfectly positioned moments from Victoria Golf Club, Oak Bay Village, parks, beaches, and the waterfront.

Documents & Links:

Virtual Tour 2

Sales Brochure

General Info:

Property Type:

Residential

Type:

Single Family Residence

Year built:

1912 (Age: 114)

Living Area:

3,226 sq. ft.300 m2

Auxiliary Building Living Area:

0 sq. ft.0 m2

Main Building Living Area:

0 sq. ft.0 m2

Listing General Location:

OB South Oak Bay, Oak Bay

Bedrooms:

3

Bathrooms:

3.0 (Full:-/Half:-)

Lot Size:

14,626 sq. ft.1,359 m2

Kitchens:

1

Home Style:

Character

Additional Info:

Construction:

Stone, Stucco

Basement:

Crawl Space, Not Full Height, Unfinished, Walk-Out Access, With Windows

Foundation:

Concrete Perimeter, Stone

Roof:

Asphalt Shingle

Floor finish:

Carpet, Tile, Wood

Total Building Area:

3,226 sq. ft.300 m2

Total Unfinished Area:

0 sq. ft.0 m2

# Bedrooms or Dens Total:

3

# Main Level Bedrooms:

0

# Second Level Bedrooms:

3

# Third Level Bedrooms:

0

# Lower Level Bedrooms:

0

# Other Level Bedrooms:

0

# Main Level Bathrooms:

1

# Second Level Bathrooms:

2

# Third Level Bathrooms:

0

# Lower Level Bathrooms:

0

# Other Level Bathrooms:

0

# Main Level Kitchens:

1

# Second Level Kitchens:

0

# Third Level Kitchens:

0

# Lower Level Kitchens:

0

# Other Level Kitchens:

0

Living Area Lower Floor:

0 sq. ft.0 m2

Living Area Main Floor:

1,811 sq. ft.168 m2

Living Area Other Floor:

0 sq. ft.0 m2

Living Area 2nd Floor:

1,415 sq. ft.131 m2

Living Area 3rd Floor:

0 sq. ft.0 m2

Fireplaces:

3

Fireplace Details:

Family Room, Gas, Living Room

Laundry Features:

In House

Water supply:

Municipal

Sewer:

Sewer Connected

Cooling:

Central Air

Heating:

Baseboard, Electric, Natural Gas

Fireplace:

Yes

Appliances Included:

Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Refrigerator, Washer

Interior Features:

Dining Room, Eating Area, French Doors, Soaker Tub, Storage

Window Features:

Skylight(s), Stained/Leaded Glass

Exterior Features:

Balcony/Patio, Fenced, Garden

View:

Mountain(s), Ocean

Entry Location:

Main Level

Minimum Age:

0

BBQ Allowed:

Yes

Smoking Bylaw:

No

Rent Allowed:

Unrestricted

Legal Info:

Jurisdiction name:

District of Oak Bay

Zoning:

R2

Accessibility:

Ground Level Main Floor

Other Details:

Number of 2 piece baths:

0

Number of 3 piece baths:

1

Number of 4 piece baths:

0

Number of 5 piece baths:

1

Number of 2 piece Ensuites:

0

Number of 3 piece Ensuites:

0

Number of 4 piece Ensuites:

1

Property Condition:

Contact List Licensee

Land Info:

Exposure / Faces:

East

Layout:

Main Level Entry with Lower/Upper Lvl(s)

Lot Site Features:

Corner Lot, Easy Access, Family-Oriented Neighbourhood, Landscaped, Level, Marina Nearby, Near Golf Course, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Sidewalk, Southern Exposure

Attached Garage:

No

Carport Spaces:

0

Garage Spaces:

2

Garage:

Yes

Parking Features:

Detached, Garage Double

Total Parking Spaces:

2

Road Surface Type:

Paved

Listing Info:

Date Listed:

Jun 11, 2026

Original Price:

4850000.0

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Listed by The Agency

Data was last updated September 7, 2026 at 10:05 PM (UTC)

Area Statistics

Listings on market:

64

Avg list price:

$1,794,500

Min list price:

$367,500

Max list price:

$52,500,000

Avg days on market:

61

Min days on market:

3

Max days on market:

388

Avg price per sq.ft.:

$833.64

These statistics are generated based on the current listing's property type and located in OB South Oak Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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