A rare and exciting opportunity to acquire a property in the heart of North Oak Bay, one of Victoria’s most desirable and established neighborhoods. Situated on a 6,000 sf lot with a neighboring separately titled 8x120 strip of property included.
Centrally located just steps from beautiful Oak Bay Village, you'll enjoy easy access to charming shops, cafes, restaurants, and essential amenities, all within walking distance. This is a quiet, tree-lined residential area that perfectly blends community charm with urban convenience.
The property is priced primarily for land value and is listed well below the BC Assessment, making it an outstanding investment opportunity. Ideal for builders, developers, or savvy buyers looking to built their dream home in an unbeatable location.
Opportunities like this don’t come often — explore the possibilities today.
Address
1539 Monterey Ave
List Price
$1,200,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Area
Oak Bay
Sub-Area
OB North Oak Bay
Bedrooms
3
Bathrooms
2
Floor Area
2,322 Sq. Ft.
Lot Size
6900 Sq. Ft.
Lot Size (Acres)
0.14 Ac.
Year Built
1911
MLS® Number
1002731
Listing Brokerage
RE/MAX Island Properties
Basement Area
Full, Unfinished
Postal Code
V8R 5V3
Tax Amount
$6,599.00
Tax Year
2025
Features
Electric, Natural Gas