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650 Monterey Ave
OB South Oak Bay Oak Bay V8S 4T9

$2,868,000
Residential beds: 5 baths: 5.0 3,528 sq. ft. built: 2024

Main Photo: 650 Monterey Ave in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1012015
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1012015
Bedrooms:
5
Bathrooms:
5
Year Built:
2024
In the heart of South Oak Bay, this newly built 3,528 sq.ft. residence offers contemporary elegance on a landscaped 6,215 sq.ft. lot. Soaring windows, clean architectural lines, and seamless indoor-outdoor flow define this home’s design.The main floor centers around a stunning kitchen with marble surfaces, a large island, walk-in pantry, and custom wine display. Open dining and living areas with gas fireplace create an inviting atmosphere, complemented by a private office, laundry, and powder room. Direct access to a double garage and paved drive adds convenience.Upstairs, the primary suite features a spa-inspired 5-piece ensuite and walk-in closet, joined by two additional bedrooms, one with its own walk-in. The lower level provides a media room, family lounge, two bedrooms, two full baths, and ample storage.A fenced backyard with patio and manicured front garden offer tranquil outdoor living. Steps to excellent schools, shops, and Oak Bay Village, this home delivers modern luxury.
Property Type:
Residential
Type:
Single Family Residence
Year built:
2024 (Age: 1)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
3,528 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
5
Bathrooms:
5.0 (Full:-/Half:-)
Lot Size:
6,215 sq. ft.
Kitchens:
1
Home Style:
Character
Taxes:
Building Features:
Basement, Transit Nearby
Construction:
Cement Fibre, Frame Wood, Stucco
New Construction:
Yes
Basement:
Finished, Full, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Hardwood, Tile, Wood
Total Building Area:
3,528 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,252 sq. ft.
Living Area Main Floor:
1,252 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,024 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Forced Air, Heat Pump, Radiant Floor
Fireplace:
Yes
Pending Date:
Dishwasher, F/S/W/D
Fenced, Sprinkler System
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Oak Bay
Legal Description:
Zoning:
R-5
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
3
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Property Condition:
New Construction
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Irrigation Sprinkler(s), Landscaped, Near Golf Course, Quiet Area
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Garage Double
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Aug 26, 2025
Original Price:
2868000.0
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Listed by eXp Realty
Data was last updated August 28, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$1,924,500
Min list price:
$495,000
Max list price:
$52,500,000
Avg days on market:
59
Min days on market:
1
Max days on market:
232
Avg price per sq.ft.:
$886.02
These statistics are generated based on the current listing's property type and located in OB South Oak Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.