517 Victoria Ave, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1020754 · Listed Nov 18, 2025
An exceptional opportunity in the heart of South Oak Bay—this property offers unbeatable location, charm, and endless potential. Situated just a short stroll from McNeill Bay, Victoria Golf Club, Anderson Hill Park, and the vibrant Oak Bay Village, this is truly a “location, location, location” offering. Set on a deep, level lot surrounded by mature greenery, this home presents the perfect canvas for your vision. Whether you’re dreaming of building your custom forever home or restoring this character-filled residence, the possibilities here are endless. The quiet, tree-lined street is home to some of the area’s most picturesque properties. Enjoy the best of coastal living in one of Victoria’s most sought-after neighbourhoods, an unbeatable lifestyle surrounded by beaches, parks, cafes, and top schools. Bring your ideas and make this incredible South Oak Bay address your own.
| Property Type | Single Family Residence |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Interior | 651 sqft |
| Lot Size | 3,330 sqft (0.07 acres) |
| Lot Features | Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Quiet Area, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk |
| Parking | 4 spaces (1 garage) |
| Year Built | 1912 |
| Heating | Baseboard |
| Basement | Not Full Height, Unfinished, With Windows |
| Exterior | Concrete |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $5,375.76 (2025) |
| Extras | Dryer, Refrigerator, Washer |
| MLS® # | 1020754 |
| Brokerage | The Agency |
Similar properties sold within 6 months
South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.
517 Victoria Ave, Oak Bay sold on February 6, 2026, after 80 days on the market.
It sold for $770,000 (listed at $800,000). Source: BC Assessment (registered sale).
It was on the market for 80 days, from November 18, 2025 to February 6, 2026.
A Single Family Residence in South Oak Bay, Oak Bay with 1 bedrooms, 1 bathrooms, 651 sqft, built in 1912.
It has 3 parking spaces.
The lot is 3,330 sqft (0.07 acres).
517 Victoria Ave, Oak Bay sold for $770,000, 25.6% below its BC-assessed value of $1,034,700 (assessed July 1, 2025) — a sale-to-assessment ratio of 74%. Source: BC Assessment.
Oak Bay is currently a seller's market: median sold price $1,892,500, 2.6 months of inventory, homes typically selling in about 41 days.
There are 25 houses for sale in South Oak Bay right now. Browse all South Oak Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in South Oak Bay is $1,892,500, based on 178 sales over the past 12 months. The median price per square foot is $824. Compare asking prices across the houses currently for sale in South Oak Bay.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 16, 2026.
