Oak Bay Homes under $600,000

Welcome to Oak Bay, a picturesque gem nestled on the southern tip of Vancouver Island in British Columbia. Known for its stunning coastal views, charming boutiques, and vibrant arts scene, Oak Bay perfectly marries the tranquility of nature with the conveniences of urban living. This idyllic community boasts a rich history, with heritage homes lining the streets, and offers a plethora of outdoor activities, including beautiful parks, scenic beaches, and the iconic Oak Bay Marina.

For those seeking an affordable entry into this delightful locale, you’ll be pleased to discover that homes under $600,000 are indeed available. While Oak Bay is renowned for its upscale properties, there are hidden treasures waiting to be uncovered. Whether you’re a first-time homebuyer, a downsizer, or an investor, you can find charming condos, cozy townhouses, and even some single-family homes within this budget.

Imagine waking up in a cozy abode just a stone's throw from the ocean, with the majestic mountains as your backdrop. Residents enjoy a tight-knit community atmosphere, with local farmers' markets, seasonal festivals, and a variety of dining options that showcase the best of Pacific Northwest cuisine.

Living in Oak Bay means embracing a lifestyle filled with outdoor adventures, cultural experiences, and a sense of belonging. With homes available under $600,000, your dream of calling this enchanting town home could soon become a reality. Explore the possibilities today and discover why Oak Bay is the perfect place to plant your roots!

Newest Oak Bay Homes under $600,000

$499,000

2 Beds ⋅ 1 Baths ⋅ 1049644 MLS ⋅ Marquee Court BLDG.

RARE 2 Bedroom unit for sale at the Marquee Court in the heart of Oak Bay Village area. One of only 3 two bedroom units in the building. Suite #301 is very bright due to its NW exposure. Two bedrooms/1 bath, large living/dining area & a functional gally kitchen with good storage. You will be surprised how large the deck is too! The building has new windows (2022 ) refreshed lobby & an updated elevator system. Affordable living in Oak Bay does exist! This unit comes with a large storage locker, access to shared laundry & one off street parking stall. You're steps away from all the amenities you might need from coffee shops, restaurants, banking, pharmacies & grocery stores. Strata fee includes heat & hot water. One cat allowed. Make the time to view this bright NW corner unit right on Oak Bay Avenue. (Some photographs are virtually staged)

2095 Oak Bay Ave Unit ##301, Oak Bay

Courtesy of RE/MAX Camosun

$599,900

1 Beds ⋅ 2 Baths ⋅ 1051080 MLS ⋅ Hampshire House BLDG.

This immaculate 1-bedroom, 2-bathroom main-floor condo offers a rare blend of bright, turnkey convenience and house-like spaciousness on the highly sought-after Oak Bay waterfront. Step inside this bright, well-appointed suite to find an exceptional floor plan featuring floor-to-ceiling windows that beautifully frame the surrounding natural beauty. Elevated just three steps above the gracious front lobby, the wide and expansive layout provides a welcoming flow through the principal rooms—perfect for entertaining. The oversized primary bedroom serves as a private retreat, complete with its own dedicated ensuite bathroom. Positioned on the peaceful south side of the building. The main windows look out onto an immersive view of the lush, mature gardens, while the side window, bedroom door, and private patio offer stunning easterly views of the ocean and Mount Baker. Rarely do units of this caliber and layout become available in this prestigious location. Call your Realtor

1159 Beach Dr Unit ##407, Oak Bay

Courtesy of Royal LePage Coast Capital - Chatterton

$389,900

1 Beds ⋅ 1 Baths ⋅ 1045054 MLS

"St. Clare Villa", a unique Lease arrangement for active adults 55+ superbly located on a quiet street in picturesque Oak Bay. This 1 bedroom plus den suite features insuite storage and laundry, large master, den area and spacious living room with dining area and overlooks quiet residential surroundings. Recently painted and new carpeting installed. Storage area down plus recharging station for motorized scooter and convenient connection to the St. Patrick's Parish Center. Within walking distance or easy transit to shopping and the Oak Bay Village. Ready for immediate occupancy. Call for more details.

2045 Carrick St Unit ##204, Oak Bay

Courtesy of RE/MAX Sabre Realty Group

$367,500

1 Beds ⋅ 1 Baths ⋅ 1043478 MLS ⋅ Marquee Court BLDG.

Tucked into the heart of Oak Bay Village, this third-floor suite at Marquee Court overlooks mature oak trees and landscaped grounds. Cafés, shops, restaurants and everyday amenities are all just steps from your front door. The 658 sq. ft. floor plan offers a spacious living room, a separate dining area and a generous bedroom. The living room offers plenty of room to relax or entertain, while the separate dining area provides flexibility for everyday living. The large, covered balcony offers a quiet place to enjoy views through the oak canopy. Recent building improvements include new windows (2022), a refreshed lobby, and an updated elevator, reflecting the care taken throughout the building. The suite also includes parking and a separate storage locker. Whether you're purchasing your first home, simplifying your lifestyle or searching for a home in the Oak Bay Village, this is an opportunity to make one of Victoria's most sought-after neighbourhoods your own!

2095 Oak Bay Ave Unit ##307, Oak Bay

Courtesy of Macdonald Realty Victoria

$475,000

2 Beds ⋅ 1 Baths ⋅ 1043177 MLS ⋅ Vista Towers BLDG.

Opportunities like this rarely come to market. Tucked into one of Victoria’s most desirable seaside neighbourhoods, this unique offering combines exceptional value, lifestyle, and flexibility — all without property transfer tax or vacancy tax, and with annual property taxes included. Set within a beautifully maintained building, this top-floor two-bedroom corner suite offers 1,020 sq. ft. of bright, inviting living space. Large windows and skylights flood the home with natural light, highlighting the hardwood floors and airy open layout. The spacious living room captures ocean views, creating the perfect backdrop for relaxed coastal living. Co-op units in Oak Bay are rare, offering a chance to enjoy this coveted lifestyle at a price point well below comparable strata properties. Enjoy thoughtful amenities including kayak storage, secure e-bike storage, and an unbeatable location moments from Windsor Park, Oak Bay Marina, Willows Beach, and Oak Bay Village. View this gem today!

1270 Beach Dr Unit ##305, Oak Bay

Courtesy of Royal LePage Coast Capital - Chatterton

$550,000

1 Beds ⋅ 2 Baths ⋅ 1037463 MLS ⋅ Windsor Park Place BLDG.

This is your opportunity to purchase in Windsor Park Place, one of Oak Bay’s premier boutique condo residences. Located directly across from beautiful Windsor Park, this premier building sits just steps from the beach & an easy stroll to Oak Bay Village, the marina, cozy cafes, shops, recreation & convenient transit. With only 17 suites, you will love the quiet, friendly & close-knit community atmosphere. This spacious 1 bedroom, 2 bath floor plan features in-suite laundry & provides the perfect canvas to bring your own creative decorating ideas to life. Step out onto the large, west-facing balcony to soak in the afternoon sun and unwind with peaceful evening views. There is a secure underground parking stall & a separate storage locker. Residents enjoy incredible resort-style amenities, including an indoor pool, hot tub, exercise gym, social lounge, and a peaceful common garden space tucked away behind the building. Exceptional living in an unbeatable location!

2605 Windsor Rd Unit ##402, Oak Bay

Courtesy of Engel & Volkers Vancouver Island

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