This listing is provided by Sotheby's International Realty Canada

$52,500,000

1069/1101 Beach Drive

South Oak Bay – Oak Bay, BC
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This listing is provided by Sotheby's International Realty Canada
  • 223,463 sqft lot
  • $147,673 taxes
*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.

More information

Listing provided courtesy of VIVA. Disclaimer: The information contained in this listing has not been verified by REMAX Ocean Pacific and should be verified by the buyer.

Features & amenities

  • Acreage
  • Central Location
  • Cleared
  • Curb & Gutter
  • Easy Access
  • Family-Oriented Neighbourhood
  • Landscaped
  • Marina Nearby
  • Near Golf Course
  • Park Setting
  • Private
  • Quiet Area
  • Recreation Nearby
  • Serviced
  • Shopping Nearby
  • Sidewalk
  • Walk on Waterfront
  • See Remarks
  • Heating Other
  • Cooling None
  • Water Municipal

Additional details

  • MLS® # 1008863
  • Type Residential
  • Subtype Land

Neighbourhood

A quick look into the surrounding area. If you're interested in learning more about the area, get in touch.

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Listing is presented by
Vanessa Monteith-Hird: Personal Real Estate Corporation (RE/MAX Ocean Pacific)
REMAX Ocean Pacific
(250) 202-4677 vanessarealty1@gmail.com
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