For Sale: 1069/1101 Beach Drive, Oak Bay, BC - REW
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$52,500,000
0 bd 0 ba 0 sf Land/Lot
1069/1101 Beach Drive
1069/1101 Beach Drive - 2
1069/1101 Beach Drive - 3
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1069/1101 Beach Drive - 5
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$52,500,000
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1069/1101 Beach DriveOak Bay, BC, V8S 2N2

South Oak Bay
  • 0 Bed
  • 0 Bath
  • 0 Sqft
  • Land/Lot

About this home

*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.
Listed by
10 years experience
English
12 Recommendations
Recent transactions

Home facts and features

Price details
List Price
$52,500,000
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Lot Size
5.17 acres
Features
Gardens
Amenities
Boating, Fishing, Golf Course, Jogging / Biking Path, Ocean, Ocean / Beach, Privacy
Community
Agent details
Primary Agent
Primary Broker
Sotheby's International Realty Canada, Victoria - Downtown
Secondary Agent
Secondary Broker
Sotheby's International Realty Canada, Victoria - Downtown
Listing details
Days on REW
293 Days
Property Views
1957
MLS® Number
1008863
Source
Sotheby's International Realty
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Oak Bay Secondary School
  • Public
  • 9 - 12
  • In Catchment
Margaret Jenkins Elementary School
  • Public
  • K - 5
  • In Catchment
St Christopher's Montessori School
  • Independent
  • K
Monterey Middle School
  • Public
  • 6 - 8
St Michaels University School - Junior School Campus
  • Independent
  • K - 5
Glenlyon Norfolk School
  • Independent
  • K - 12
St Patrick's School
  • Independent
  • K - 7
St Patrick's School
  • Catholic
  • JK - 8
Artemis Place Secondary School
  • Independent
  • 10 - 12
Victoria School for Ideal Education
  • Independent
  • K - 9
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-03.