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503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

MLS® # 1015549

Property For Sale In Oak Bay, British Columbia

$949,000 QuickQuote^TM: $948K - $1.2M

2 Beds

2 Baths

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503-1175 Newport Ave, Oak Bay, BC - Outdoor With Body Of Water With View

503-1175 Newport Ave, Oak Bay, BC - Outdoor With Facade

503-1175 Newport Ave, Oak Bay, BC - With Exterior

503-1175 Newport Ave, Oak Bay, BC - Indoor

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Other Room

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Living Room With Fireplace

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Living Room

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Dining Room

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Other Room With Fireplace

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Kitchen

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Kitchen With Double Sink

503-1175 Newport Ave, Oak Bay, BC - Other

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Bedroom

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Bathroom

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Office

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Laundry Room

503-1175 Newport Ave, Oak Bay, BC - Outdoor With Deck Patio Veranda With Exterior

503-1175 Newport Ave, Oak Bay, BC - Outdoor With View

503-1175 Newport Ave, Oak Bay, BC - Outdoor With Exterior

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Garage

503-1175 Newport Ave, Oak Bay, BC - Indoor Photo Showing Basement

503-1175 Newport Ave, Oak Bay, BC - Outdoor

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503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

$949,000

2 Beds

2 Baths

Property Information:

Perfectly situated in the heart of South Oak Bay, this beautifully updated top floor end unit condominium offers the ideal downsizing opportunity. Enjoy an oversized open-concept kitchen, living, and dining area featuring a remodeled kitchen and a wall of windows that fill the space with natural light while showcasing Olympic Mountain and Newport Park views. The smart floor plan provides flexibility with two—or possibly three—bedrooms, including a spacious primary suite with walk-in closet and ensuite. Additional features include warm cork flooring, in-suite laundry, and generous storage throughout. This complex does not allow pets. One secure underground parking stall is included plus secure e-bike storage. Step outside to find a bus stop at your front door, oceanfront walking paths just around the corner, and shops, restaurants, and amenities only blocks away in Oak Bay Village. A perfect blend of comfort, style, and location in one of Victoria’s most desirable neighborhoods!

Property Features:

Bedrooms: 2
Bathrooms: 2
Annual Tax Amount: $4,221
Accessibility Features: Wheelchair Friendly
Appliances: Dishwasher, Dryer, Refrigerator, Washer
Association Amenities: Elevator(s), Secured Entry
Association Fee Includes: Trash, Recycling, Sewer
Basement: None
Building Features: Fire Alarm, Transit Nearby
Built in: 1981
Condo Fees: $833 Monthly
Construction Materials: Brick, Concrete, Insulation: Ceiling, Insulation: Walls
Cooling: None
Exterior Features: Balcony
Fireplace Features: Electric
Floor Space (approx): 1502 Square Feet
Flooring: Cork
Foundation Details: Concrete Perimeter
Heating: Baseboard
Laundry Features: In House
Lot Features: Central Location, Easy Access, Marina Nearby, Near Golf Course, Park Setting, Recreation Nearby
Lot Frontage: 1510 Square Feet
Lot Size: 1510.00 Square Feet
Ownership: Freehold/Strata
Parking Features: Guest, Underground
Pets Allowed: No
Property Condition: Resale
Property Sub Type: Condo Apartment
Road Surface Type: Paved
Roof: Membrane
Water Source: Municipal
Window Features: Insulated Windows
Zoning: Commercial Use
Zoning Description: Commercial
Sewer:
No. of Parking Spaces: 1

Rooms:

Bedroom Main Level 3.61 m x 4.04 m
Den Main Level 3.61 m x 4.04 m
Bathroom Main Level
Other Main Level 2.97 m x 1.42 m Note: Entrance
Laundry Main Level 1.75 m x 1.55 m
Walk-in Closet Main Level 1.88 m x 2.69 m
Ensuite Bathroom Main Level
Other Main Level 4.37 m x 4.65 m
Other Main Level 4.78 m x 7.77 m Note: Dining/Living Combo
Kitchen Main Level 3.25 m x 3.48 m

Convert Measurement to:

Courtesy of: RE/MAX Island Properties (DU)

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.

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Rating:

Notes:

QuickQuote^TM

Approximate value for 2 bed, 2 bath property in this area is:

List Price
below Estimate List Price
above Estimate

$949,000

List Price

$948,129

$1,154,244

Low Estimate

High Estimate

Thinking of Selling?

Start by finding out what your home might be worth in today's market.

Market Price Trends

Condominium

-4.07%

Price change (1 year)

23.17%

Price change (5 years)

All Properties

3.63%

Price change (1 year)

41.28%

Price change (5 years)

Location of 503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

22 hot days expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 503-1175 Newport Ave , experiences 7 hot days per year at around 27.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 22 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past

27.5℃

2050

30.4℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

86/100

High

ClimateCheck®

Current data

This property, 503-1175 Newport Ave , experiences 12 significant 2-day storms per year, with about 494.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 567mm of precipitation per year.

Precipitation Per Storm

Past

494.1mm

2050

567mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$139,810.14

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.78 %

High school certificate or equivalent

23.42 %

Apprenticeship trade certificate/diploma

4.82 %

College/non-university certificate

20.64 %

University certificate (below bachelor)

4.87 %

University Degree

40.47 %

Commuter

Travel To Work

By Car

75.88 %

By Public Transit

3.63 %

By Walking

9.54 %

By Bicycle

5.64 %

By Other Methods

5.31 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

68.82 %

Houses

31.18 %

Own Vs. Rent

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503-1175 Newport Ave, Oak Bay, BC, V8S 5E6 $949,000 MLS® # 1015549

Property Information:

Property Features:

Rooms:

Convert Measurement to:

Market Price Trends

Condominium

All Properties

Location of 503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

503-1175 Newport Ave, Oak Bay, BC, V8S 5E6

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing