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Home BC Greater Victoria Capital Oak Bay
1069/1101 Beach Dr
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1069/1101 Beach Dr $52,500,000
$52,500,000
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1069/1101 Beach Dr
Oak Bay, British Columbia V8S2N2

MLS® Number: 1008863
0
Bathrooms

Listing 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. (29750059)

Property Summary

Property Type
Vacant Land
Neighbourhood Name
South Oak Bay
Title
Freehold
Land Size
5.13 ac
Annual Property Taxes
$134,422
Parking Type
Stall
Time on REALTOR.ca
155 days

Building

Bathrooms
Total
0
Building Features
Features
Acreage, Central location, Curb & gutter, Park setting, Private setting, See remarks, Partially cleared, Other, Marine Oriented
Heating & Cooling
Cooling
None
Heating Type
Other
Parking
Parking Type
Stall
Total Parking Spaces
10

Land

Lot Features
View
Mountain view, Ocean view
Other Property Information
Zoning Description
R-1
Zoning Type
Residential
Waterfront Features
Waterfront
Waterfront on ocean
Data provided by: Victoria Real Estate Board
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