Homes for sale - 2536 Thompson Ave, Oak Bay, BC V8R3L3

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Inder Malhi

inder@malhirealestate.com +1(613) 404-3610

$ 1,790,000

Est. payment | -/mo

5 Beds

2 Baths

3,622 SqFt

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$ 1,790,000

Est. payment | -/mo

Save

5 Beds

2 Baths

3,622 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 3,622 sqft

Price per Sqft $494

Subdivision Estevan

MLS® Listing ID 996524

Style Contemporary

Bedrooms 5

Year Built 1942

Lot Size 9,729 Sqft

Acres 9729.0

Property Sub-Type Freehold

Source Victoria Real Estate Board

Property Description

Set on a large 0.22 acre level lot with sought-after street and laneway access, this 5-bedroom, 2-bathroom home offers exceptional potential in one of Victoria's most coveted neighbourhoods. The flexible layout includes a bright, walk-out 2-bedroom lower level—ideal for extended family, guests, or a mortgage helper. A standout feature is the rare dual access, presenting an excellent opportunity for additional accommodation. With the introduction of the new SSMUH (Small-Scale Multi-Unit Housing) initiative, this property is a perfect candidate for the construction of a carriage house with a double garage on the lower level and a stylish 1- or 2-bedroom suite above. This potential secondary dwelling offers outstanding flexibility—whether for multigenerational living, guest quarters, or as a high-demand rental unit. Buyers are encouraged to consult the District of Oak Bay for current zoning and development possibilities. Located just steps from charming Estevan Village and beautiful Willows Beach, this property offers the best of Oak Bay living, with boutique shops, cozy cafés, and scenic seaside strolls right at your doorstep. You're also minutes from Uplands and Victoria Golf Clubs, Oak Bay Marina, Oak Bay Village, Cadboro Bay Village, and UVIC. Situated within the catchment of some of the city's top-rated schools—including Willows Elementary, Monterey Middle, and Oak Bay High—all easily walkable or bikeable—this home is ideal for families seeking both lifestyle and convenience. Well-maintained and full of promise, this is a rare opportunity to renovate, reimagine, or build new in an established, prestigious setting. Whether you're searching for a family home, an investment property, or the perfect site for your dream build with future expansion options, this property delivers exceptional value in a true blue-chip Oak Bay location. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Kitchen 2.0

Extra Room 1 Lower level 18'9 x 7'1 Storage

Extra Room 2 Lower level 11 ft X 9 ft Bedroom

Extra Room 3 Lower level 8 ft X 8 ft Bathroom

Extra Room 4 Lower level 25'8 x 16'1 Bonus Room

Extra Room 5 Lower level 14'11 x 10'2 Bedroom

Extra Room 6 Lower level 20'1 x 12'2 Family room

Interior

Heating Forced air,

Cooling See Remarks

Fireplaces Number 1

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Architectural Style Contemporary

Others

Ownership Freehold

Listed by eXp Realty

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Inder Malhi

Broker | License ID: 5023940

+1(613) 404-3610 | inder@malhirealestate.com

2536 Thompson Ave Oak Bay, BC V8R3L3

Inder Malhi

Key Details

Location

Rooms

Interior

Exterior

Building

Others

GET MORE INFORMATION

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2536 Thompson Ave