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Oak Bay is Greater Victoria's most established address. Tree-lined streets, Tudor-style homes, and a walkable village centre define the community. Residents are fiercely loyal, and turnover is low because people who land here tend to stay.
Whether you want a heritage character home, a view property along Beach Drive, or a quiet street near Willows Beach, Oak Bay offers a lifestyle that blends coastal beauty with old-school neighbourhood feel.
This is a premium market. Entry points start around $1M for smaller homes or fixer-uppers, with most single-family homes trading between $1.5M and $3M. Waterfront and Beach Drive properties go higher. Condos and townhomes are limited but offer a rare opportunity to buy into Oak Bay at a lower price point. Buyers here tend to be established professionals, downsizers from larger Oak Bay homes, or families prioritising the school district and village lifestyle.
