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$52,500,000
British Columbia,Oak Bay
For Sale Active
1069/1101 Beach Dr, Oak Bay, British Columbia V8S2N2
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Basic Details
Description

*Foreign Buyer Ban Exempt* A once-in-a-generation opportunity in one of Canada’s most distinguished coastal enclaves. Set along Oak Bay’s prestigious Beach Drive, this rare assembly offers two titles, more than 1, 000 feet of shoreline with private beach access, an exceptional buildable envelope, and panoramic views of the Haro Strait including Mount Baker to the Olympic Mountains. Neighbouring pre-existing multi-family

buildings and Oak Bay’s signature amenities: Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, underscore the site’s suitability for a landmark, legacy-scale project. Importantly, the new Official Community Plan identifies these properties within a special study area for “larger sites and (multi lot) areas to be comprehensively planned and designed” for future land use changes, further highlighting their suitability for high-value redevelopment. The groundwork is done. The site is professionally cleared and surveyed, and is supported by complete geotechnical, environmental, traffic, and servicing reports, streamlining due diligence for visionary purchasers. Whether advancing a best-in-class coastal development or securing a blue-chip land hold, this is Vancouver Island’s largest, most central, and sought after developable oceanfront opportunity in one of the country’s most resilient real estate markets. Get in touch with us today to explore the possibilities. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1008863
  • Price: $52,500,000
  • View: Mountain view, Ocean view
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 94074
Features & Appliances
Features
  • Heating System: Other
  • Cooling System: None
  • Parking: Stall
  • Waterfront Features: Waterfront on ocean
Address Map
  • Location: CA, British Columbia, Oak Bay, V8S2N2
  • Street: Beach
  • Street Number: 1069/1101
  • Street Suffix: Drive
  • Longitude: W124° 42' 8''
  • Latitude: N48° 25' 7''
  • Zoning: Residential
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 5.13
Financial
  • Tax Annual Amount: 147672.82
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Listing updated: 2026-07-03 17:23:32
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Listing Information
  • List Agent Key: 1911264
  • List Office Key: 94074
  • Modification Timestamp: 2026-03-05T20:35:45Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-03-05T20:27:28Z
Powered by REALTOR.ca
Listing updated: 2026-07-03 17:23:32
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