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.
Address
2620 Margate Ave
List Price
$2,599,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Colonial
Area
Oak Bay
Sub-Area
OB South Oak Bay
Bedrooms
5
Bathrooms
3
Floor Area
3,523 Sq. Ft.
Lot Size
10500 Sq. Ft.
Lot Size (Acres)
0.24 Ac.
Year Built
1952
MLS® Number
996672
Listing Brokerage
Alexandrite Real Estate Ltd.
Basement Area
Finished
Postal Code
V8S 3A5
Tax Amount
$8,995.00
Tax Year
2024
Features
Baseboard, Dining Room, Electric, F/S/W/D, Storage, Wood
Amenities
Fencing: Full, Irregular Lot
