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988 Monterey Ave, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1052646 · Listed Oct 26, 2026
Set on a sunny corner lot in desirable South Oak Bay, this bright, beautifully renovated 2,476 sq ft home offers 4 beds, 3 baths, a flex room and a large laundry/mudroom. Upgrades include engineered hardwood floors, fresh paint throughout, updated lighting, 200-amp service, PEX and copper plumbing, and a new water service line. The kitchen features quartz counters, ample soft-close cabinetry, modern appliances, beautiful tile work, a bar sink and mini fridge. An expansive island is ideal for cooking, family meals and entertaining. The versatile lower level has a separate entry to the covered carport. The laundry/mudroom offers quality appliances, a sink, cabinetry and ample storage. A large, partially covered deck has new vinyl decking, stairs and railings for year-round enjoyment. Walk to local gem Demi-Tass, shops, amenities and beaches. Extensive renovations, a flexible floor plan and an unbeatable location make this an exceptional place to call home!
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Interior | 2,476 sqft |
| Lot Size | 5,448 sqft (0.12 acres) |
| Lot Features | Corner Lot, Near Golf Course, Rectangular Lot |
| Parking | 2 spaces |
| Year Built | 1975 |
| Fireplaces | 2 |
| Heating | Baseboard, Electric, Forced Air, Oil, Wood |
| Basement | Full, Partially Finished, Walk-Out Access, With Windows |
| Exterior | Insulation: Ceiling, Insulation: Walls, Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Linoleum, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $7,538 (2026) |
| Laundry | In House |
| Extras | Dishwasher, Dryer, Refrigerator, Washer |
| MLS® # | 1052646 |
| Brokerage | Engel & Volkers Vancouver Island North |
For sale now at $1,780,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
94 sales in South Oak Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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94 sales in South Oak Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.
It is listed at $1,780,000.
A Single Family Residence in South Oak Bay, Oak Bay with 4 bedrooms, 3 bathrooms, 2,476 sqft, built in 1975.
It has 2 parking spaces (Attached, Carport).
The lot is 5,448 sqft (0.12 acres).
Oak Bay is currently a balanced market: median sold price $1,900,000, 4.2 months of inventory, homes typically selling in about 41 days.
There are 31 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 $1,900,000, based on 94 sales over the past 12 months. The median price per square foot is $816. Compare asking prices across the houses currently for sale in South Oak Bay.
NOTE: 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. Data last updated: Oct 27, 2026.
