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4 Bed Single Family Detached in Oak Bay

$2,095,000 - ML# 1033241
535 Falkland Rd
Oak Bay - OB South Oak Bay

This is only a guide. Please verify this information with your mortgage specialist.

Tucked away on one of the most desirable streets in South Oak Bay, this beautifully updated residence offers nearly 3,000 sq ft of flexible living space on a private, sun-filled lot. The main level features bright living and dining areas that open seamlessly to expansive patios and established gardens, an updated kitchen designed for both everyday living and entertaining, and a primary bedroom on the main floor, complemented by a second bedroom and office/den. The lower level adds exceptional versatility with a spacious family or media room, an additional bedroom with ensuite, a large laundry area, ample storage, and a garage/gym space. Extensive upgrades throughout make this home truly move-in ready. Just steps to McNeill Bay, Lafayette Park, Margaret Jenkins Elementary, Monterey Middle School, and local cafés — a rare offering in a peaceful, family-friendly setting.

Real Estate Type:
Single Family Detached 
Layout:
Main Level Entry with Lower Level(s) 
Bedroom(s):
4 
Bathroom(s):
4 
Finished Sq. Ft.:
2922 
Unfinished Sq. Ft.:
179 
Taxes:
$8,148.84 (2025) 
Year Built:
1941 
Elementary School:
 
Junior School:
 
Senior School:
 

Interior Details

Main Level:
 
Fireplace(s):
1 
Bedroom(s):
4 
Bathroom(s):
4 
Basement Height:
6 ft - 10 in
Basement Description:
Finished,With Windows 
Interior Features:
Closet Organizer,Dining Room,Eating Area,French Doors 
Appliances Included:
Dishwasher,Dryer,Hot Tub,Microwave,Oven/Range Electric,Refrigerator,Washer 

Building Details

Building Style:
Fencing: Full,Garden,Lighting,Wheelchair Access 
Building Warranty:
0 
Accessibility:
Accessible Entrance,Ground Level Main Floor,No Step Entrance,Primary Bedroom on Main,Wheelchair Friendly 
Materials:
Frame Wood,Stucco 
Exterior Finish:
 
Foundation:
Poured Concrete 
Roof:
Asphalt Shingle 
Heat/Air:
Baseboard,Electric,Forced Air,Natural Gas,Radiant Floor 
Fuel:
 
Leased Equip:
 
Exterior Features:
 
Faces:
South (front) - (rear) 

Lot Information

SqFt:
7210 
Acres:
0.16 
Frontage:
 
Depth:
 
Lot Shape:
59 ft wide x 120 ft deep 
Water:
Municipal 
Waste:
Sewer Connected 
Zoning:
R5 
Parking Spaces:
 
Driveway:
 
Parking Type:
Driveway,Garage,RV Access/Parking 
Lot Features:
Corner,Cul-de-sac,Easy Access,Family-Oriented Neighbourhood,Level,Private,Quiet Area,Rectangular Lot 

Room Dimensions

Room Name Level 1Level 2Level 3Level 4Level 5Other
Sq. Ft 1537.000.001385.000.000.00
Entrance7'4x4'10
Living Room20'0x14'4"
Dining Room14'1x10'0
Kitchen14'1x10'7
Bedroom - Primary14'0x10'7
Walk-in Closet10'7x4'2
Bedroom11'6x10'8
Ensuite3-Piece
Family Room20'3x14'10
Bedroom14'2x11'11
Ensuite4-Piece
Laundry21'5"x9'0"
Unfinished Rooms
Patio12'6x10'0
Patio22'6x18'5
Patio28'8x25'0

Listed with:

The Agency
Phone: 250-507-6574 / Fax:

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.