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2536 Thompson Ave Oak Bay, British Columbia V8R 3L3

5 Bedroom 2 Bathroom 3622 sqft
Contemporary Fireplace See Remarks Forced Air

$1,790,000

** ATTENTION Smart Buyers! ** Set on a large flat 0.22-acre 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:29647)

Property Details

MLS® Number 996524
Property Type Single Family
Neigbourhood Estevan
Features Central Location
Parking Space Total 4

Building

Bathroom Total 2
Bedrooms Total 5
Architectural Style Contemporary
Constructed Date 1942
Cooling Type See Remarks
Fireplace Present Yes
Fireplace Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3622 Sqft
Total Finished Area 3044 Sqft
Type House

Land

Acreage No
Size Irregular 9729
Size Total 9729 Sqft
Size Total Text 9729 Sqft
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Storage 18'9 x 7'1
Lower Level Bedroom 11 ft x 9 ft
Lower Level Bathroom 8 ft x 8 ft
Lower Level Bonus Room 25'8 x 16'1
Lower Level Bedroom 14'11 x 10'2
Lower Level Family Room 20'1 x 12'2
Lower Level Kitchen 10 ft x 14 ft
Main Level Bedroom 13'2 x 11'2
Main Level Bathroom 9' x 8'
Main Level Entrance 7'10 x 6'8
Main Level Kitchen 13'11 x 10'2
Main Level Bedroom 11'11 x 9'9
Main Level Primary Bedroom 14' x 12'
Main Level Dining Room Measurements not available x 11 ft
Main Level Living Room 20'2 x 13'2

https://www.realtor.ca/real-estate/28265466/2536-thompson-ave-oak-bay-estevan


eXp Realty
301-3450 Uptown Boulevard
Victoria, British Columbia V8Z 0B9

(833) 817-6506
www.exprealty.ca/

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