318 Newport Ave, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1040157 · Listed Jun 11, 2026
OPEN HOUSE SUN Aug 9, 11am - 12.30pm 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.
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Interior | 3,226 sqft |
| Lot Size | 14,626 sqft (0.33 acres) |
| Lot 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 |
| Parking | 4 spaces (2 garage) |
| Year Built | 1912 |
| Fireplaces | 3 |
| Heating | Baseboard, Electric, Natural Gas |
| Basement | Crawl Space, Not Full Height, Unfinished, Walk-Out Access, With Windows |
| Exterior | Stone, Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter, Stone |
| Flooring | Carpet, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $18,529.91 (2025) |
| Extras | Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Refrigerator, Washer |
| MLS® # | 1040157 |
| 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.
It is listed at $4,850,000.
A Single Family Residence in South Oak Bay, Oak Bay with 3 bedrooms, 3 bathrooms, 3,226 sqft, built in 1912.
It has 2 parking spaces.
The lot is 14,626 sqft (0.33 acres).
Oak Bay is currently a seller's market: median sold price $1,892,500, 2.4 months of inventory, homes typically selling in about 40 days.
There are 23 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 176 sales over the past 12 months. The median price per square foot is $822. 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 7, 2026.
