1069/1101 Beach Dr, Oak Bay

2025-08-16
 

Quick Summary

Location
1069/1101 Beach Dr, Oak Bay, British Columbia V8S2N2
Price
$52,500,000 CAD
Status:
For Sale
Property Type:
Vacant Land
Video Link:

MLS®#1008863

Property Description

*Foreign Buyer Ban Exempt* A once-in-a-generation offering in one of Canada’s most distinguished coastal enclaves. Encompassing 5.13 acres across two amalgamated bare land oceanfront lots on Oak Bay’s prestigious Beach Drive, this site boasts over 1,000 feet of shoreline, private beach access, unprecedented buildable surface area, and panoramic views of the Haro Strait including Mount Baker to the Olympic Mountains. Surrounded by pre-existing multi-family buildings and the neighbourhood’s most iconic amenities; Victoria Golf Club, Oak Bay Beach Hotel, and the Oak Bay Marina, this property offers unmatched potential for a legacy project in a municipality under immense pressure from the provincial government to increase local housing supply. With the land already professionally cleared and surveyed, along with comprehensive geotechnical, environmental, traffic, and servicing reports complete, these parcels are primed for development be it a high-density mixed-use community, a creative new subdivision, or an opulent personal estate. Or, buy and hold as the value of the largest and most desirable parcel of oceanfront land in Oak Bay continues to grow. This is Vancouver Island’s largest, most central, and most easily developable piece of oceanfront land, located in one of the country’s most resilient real estate markets. Get in touch with us today to explore the possibilities. (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No

Features

  • Feature: Acreage, Central location, Curb & gutter, Park setting, Private setting, See remarks, Partially cleared, Other, Marine Oriented

Land

  • Land Size: 5.13 ac

Ownership

  • Type: Freehold

Zoning

  • Description: R-1

Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2025-10-29 01:05:59


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.

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Yes, and yes.


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Valentino ‎ Prundaru REALTOR®, Licensed Real Estate Agent

Phone:
(250) 686-2242
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Support Area:
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Toby Parsons Realtor

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