Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

MLS® # 1020100

Vacant Land For Sale In Oak Bay, British Columbia

$1,900,000

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Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

$1,900,000

Property Information:

Developer alert! Rare opportunity on one of Oak Bay’s most coveted hidden gems—Sylvan Lane. This historic, tree-lined street is home to timeless architectural landmarks and the charm of classic Samuel McClure design. Lot A at 24 Sylvan Lane offers a premier development site with stunning views over McNeill Bay. With plans in place for eight luxury townhomes across Lots A and B, the groundwork is set for your next signature project. Whether you pursue the approved townhouse vision or create your own custom home, this address offers unmatched serenity, prestige, and possibility in the heart of Oak Bay.

Property Features:

Bedrooms: 0
Bathrooms: 0
Annual Tax Amount: $0
Lot Frontage: 10204 Square Feet
Lot Size: 10204.00 Square Feet
Ownership: Freehold
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Sub Type: Land
Water Source: Municipal
Zoning Description: Residential
Sewer: Sewer Available
No. of Parking Spaces: 6

Courtesy of: RE/MAX Camosun

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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Market Price Trends

All Properties

3.57%

Price change (1 year)

39.25%

Price change (5 years)

Location of Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

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, Lot A-24 Sylvan Lane , 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, Lot A-24 Sylvan Lane , 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 Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

Life Stage

Middle-Aged with Teens

Employment Type

White Collar

Average Household Income

$213,279.07

Average Number of Children

1.67

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.71 %

High school certificate or equivalent

20.96 %

Apprenticeship trade certificate/diploma

2.84 %

College/non-university certificate

12.94 %

University certificate (below bachelor)

4.66 %

University Degree

52.89 %

Commuter

Travel To Work

By Car

55.65 %

By Public Transit

8.23 %

By Walking

8.77 %

By Bicycle

12.56 %

By Other Methods

14.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.18 %

Houses

86.82 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

All Properties

Location of Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

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

Lot A-24 Sylvan Lane, Oak Bay, BC, V8S 2K8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing