Opportunity abounds in South Oak Bay, one of Victoria’s preeminent neighbourhoods. Set in one of its most advantageous sections, 2533 Margate is equidistant from Windsor Park, Oak Bay Marina, and the Victoria Golf Club. Timeless storefronts along Oak Bay Ave are within walking distance. Although the home requires significant updating, you will never want to leave once you’ve moved in. The 1928 home is chock-full of character details consistent with the era including oak and fir flooring with inlays, generous living spaces, and a decorative archway in the main hall. There are 3 beds and a bath on the main level, and a blank-canvas unfinished kitchen awaiting your design ideas. Downstairs there is an additional bedroom, bathroom, and living space with an entry off of the driveway. This home is part of a unique collection of homes that back onto McNeill Ave at the rear, offering incredible southern exposure and the potential for garage space. Exposure, location, and charm, don't wait!
Listed by Engel & Volkers Vancouver Island, sold on June, 2022
Data was last updated May 8, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
68
Avg list price:
$1,749,500
Min list price:
$415,000
Max list price:
$52,500,000
Avg days on market:
33
Min days on market:
1
Max days on market:
266
Avg price per sq.ft.:
$769.24
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.