35 days on Market

2620 MARGATE AVENUE, Oak Bay, British Columbia V8S3A5

Detached
5
3
~3942 sqft
$•••,•••
$2,499,000
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Detached
5
3
~3942 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$633/sqft

Est. Mortgage$10,732/mo

Tax Amount ()$8,995/yr

Days On Market35 days


Description

OPEN HOUSE Sunday June 8, 12-1:30. Tucked away on a quiet, tree-lined street in the heart of South Oak Bay, this beautifully maintained residence offers the perfect blend of classic charm and contemporary living. Ideally located just a short stroll from sandy beaches, the Oak Bay Marina, Victoria Golf Club, top-rated schools, scenic parks, the renowned Oak Bay Beach Hotel, and the shops and cafes of Oak Bay Village—this home puts the very best of coastal living at your doorstep. Thoughtfully designed with space and versatility in mind, the home features multiple bedrooms and a bathroom on each of its three levels—an ideal setup for families of all sizes, remote work, or multi-generational living. Whether you're entertaining guests, working from home, or accommodating extended family, there's room for everyone. Significant updates combine style and function, including a full basement renovation in 2016 and a stunning kitchen and dining redesign in 2020 by award-winning designer Jenny Martin, completed by Goodison Construction. Additional upgrades include newer windows, a newer roof, and updated perimeter drains for added peace of mind. Set on a generous 10,500 sq. ft. private lot with mature landscaping, the property also features rare rear lane access to a detached garage—offering convenience and potential development opportunities. The full-height basement is easily convertible to an in-law suite, adding even more flexibility. This is a remarkable opportunity to own a move-in-ready home with incredible possibilities in one of Victoria’s most desirable neighbourhoods. (id:39198)


Property Details

StyleHouse
View-
Age of property1952
SqFt~3942 SqFt
Lot Size-
Parking Spaces4
MLS ®Number996672
Community NameOak Bay
Data SourceCREA
Listing byAlexandrite Real Estate Ltd.

Features

Heating: Baseboard heaters, Electric

Lower level Floor

Family room

16' x 13'

Storage

14' x 5'

Office

112' x 13'

Laundry room

11'10 x 10'10


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

May 1, 2025
ListedActive
$2,499,000
35 days on market
history photo preview40
Listing by crea®
Property listed by Alexandrite Real Estate Ltd., Brokerage
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Population and Demographics

Overview

Total population 21736
Average household income $175,512

Age (%)

65 and plus
31%
50 to 64
21%
0 to 19
18%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
62%
Single person
34%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
Mandarin
2%
German
1%
French
1%

House tenancy (%)

Owners
71%
Renters
29%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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