1069/1101 Beach Dr

1069/1101 Beach Dr · Oak Bay · Vacant Land · $52,500,000 · MLS 1008863

Oak Bay, British Columbia
C$52,500,000
For sale
1069/1101 Beach Dr

1069/1101 Beach Dr is located in Oak Bay. Property snapshot: Vacant Land, listed at $52,500,000, MLS 1008863. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 109. Latest recorded list price 52500000.00.

List Price: $52,500,000
MLS: 1008863
Days on Site: 109
Price History: Latest recorded list price 52500000.00

Local Decision Guide

How should buyers evaluate 1069/1101 Beach Dr?

Start by reading this listing in its Oak Bay context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1069/1101 Beach Dr?

This page shows a list price of $52,500,000 with MLS 1008863.

What type of home is this Oak Bay listing?

The page shows Vacant Land at 1069/1101 Beach Dr. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 109 days on market/site. Latest recorded list price 52500000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

*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. (id:56153)

Property Details

Vacant Land
Building Type
-
Bedrooms
-
Bathrooms
223,463 sf
Lot Area

Transaction: For sale

Status: active

Listing ID: 28741196 (1008863)

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The information below is generated by Relistico.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$52,500,000

Lot Area: 223,463 sf

PID: 006-341-713

Days on Site: 109 days

Added to Relistico: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
Free sign-up unlocks nearby private school details
Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Fairway Market Athlone Court
About 1.6 km away
2187 Oak Bay Avenue
Red Barn Market
About 2.2 km away
1929 Oak Bay Avenue
Shopping Centres
Oak Bay Beach Hotel
About 174.6 m away
Oak Bay Gate
About 2.4 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Thu, 05 Mar 2026 12:27:28 PM PST

Data Provider: Greater Vancouver REALTORS®

Listing Office: Sotheby's International Realty Canada

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