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NEXT Open House details
Oct 05, 2025 02:00 PM - 03:30 PM PDT

985 Island Rd
OB South Oak Bay Oak Bay V8S 2V1

$1,299,000
Residential beds: 5 baths: 2.0 2,668 sq. ft. built: 1926

Main Photo: 985 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1014577
Photo 1: 985 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1014577
Photo 2: 985 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1014577
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Open House - Oct 05, 2025
02:00 PM - 03:30 PM PDT
NOTES: Open House on Sunday, October 5, 2025 2:00PM - 3:30PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
1014577
Bedrooms:
5
Bathrooms:
2
Year Built:
1926
Charming 1926 character home in the heart of South Oak Bay, just steps from Oak Bay Marina, Windsor Park, and the Village. Warm and inviting, this classic residence offers hardwood flooring and 3 bedrooms and 1 bath upstairs while retaining its original charm alongside modern updates, including updated kitchen, a newer (5-year) roof and efficient gas furnace. The lower level provides 2 bedrooms, 1 bath, abundant storage, and options for future development—perfect for teens, guests, or extended family. Great parking options, with space for 2 cars off street. A fenced backyard invites gardening, play, and summer entertaining. Nestled on a quiet, tree-lined street in one of Victoria’s most desirable neighbourhoods, this is a special opportunity to secure a character property with room for the whole family.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1926 (Age: 99)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,668 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
5
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
5,940 sq. ft.
Kitchens:
1
Home Style:
West Coast
Taxes:
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Partially Finished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Total Building Area:
2,910 sq. ft.
Total Unfinished Area:
242 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# 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:
1,329 sq. ft.
Living Area Main Floor:
1,339 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Electric
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Natural Gas, Radiant Floor
Fireplace:
Yes
Warranty:
Yes
Pending Date:
Dishwasher, F/S/W/D, Microwave
French Doors, Soaker Tub
Ground 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
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
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:
RS-5
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Other Equipment:
Electric Garage Door Opener
Occupancy:
Owner
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Ground Level Entry With Main Up
Lot Site Features:
Adult-Oriented Neighbourhood, Central Location, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Marina Nearby, Near Golf Course, Rectangular Lot, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 03, 2025
Original Price:
1299000.0
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Virtual Tour

Listed by Royal LePage Coast Capital - Oak Bay and Royal LePage Coast Capital - Chatterton
Data was last updated October 5, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
64
Avg list price:
$1,897,000
Min list price:
$415,000
Max list price:
$52,500,000
Avg days on market:
32
Min days on market:
2
Max days on market:
218
Avg price per sq.ft.:
$785.52
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.