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535 Falkland Rd
OB South Oak Bay Oak Bay V8S 4L6

$2,195,000
Residential beds: 4 baths: 4.0 2,922 sq. ft. built: 1941

Front Door
Photo 1: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 2: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 3: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 4: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 5: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 6: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 7: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 8: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 9: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 10: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 11: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 12: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 13: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 14: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 15: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 16: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 17: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 18: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 19: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 20: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 21: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 22: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 23: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 24: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 25: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 26: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 27: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 28: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 29: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 30: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 31: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 32: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Photo 33: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
Status:
Active
Prop. Type:
Residential
MLS® Num:
1026009
Bedrooms:
4
Bathrooms:
4
Year Built:
1941
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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1941 (Age: 85)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,922 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
4
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
7,210 sq. ft.
Lot Details:
59 ft wide x 120 ft deep
Kitchens:
1
Taxes:
Building Features:
Basement, Bike Storage, Handicap Facilities, Transit Nearby
Construction:
Frame Wood, Stucco
New Construction:
No
Basement:
Finished, With Windows
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Levels:
2
Other Structures:
Storage Shed
Ceiling Heights:
Floor finish:
Carpet, Hardwood, Laminate, Tile
Total Building Area:
3,101 sq. ft.
Total Unfinished Area:
179 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,385 sq. ft.
Living Area Main Floor:
1,537 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric, Forced Air, Natural Gas, Radiant Floor
Fireplace:
Yes
Warranty:
No
Pending Date:
Dishwasher, F/S/W/D, Garburator, Hot Tub
Closet Organizer, Dining Room, Eating Area, French Doors
Bay Window(s), Garden Window(s)
Fencing: Full, Garden, Lighting, Wheelchair Access
Corner of Hall & Falkland. Front door access off Hall.
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Oak Bay
Legal Description:
Zoning:
R5
Accessibility:
Accessible Entrance, Ground Level Main Floor, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Number of 2 piece baths:
2
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
1
Occupancy:
Vacant
Property Condition:
Resale, Updated/Remodeled
Utilities:
Electricity Connected, Garbage, Natural Gas Connected, Recycling
Exposure / Faces:
South
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Corner Lot, Cul-De-Sac, Easy Access, Family-Oriented Neighbourhood, Level, Private, Quiet Area, Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Driveway, Garage, RV Access/Parking
Total Parking Spaces:
3
Road Surface Type:
Paved
Common Parking Spaces:
0
Total Units:
Date Listed:
Feb 19, 2026
Original Price:
2195000.0
  • Photo 1: 535 Falkland Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1026009
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    Side Elevation / Garage
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Listed by The Agency
Data was last updated February 19, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$2,160,000
Min list price:
$415,000
Max list price:
$52,500,000
Avg days on market:
30
Min days on market:
2
Max days on market:
223
Avg price per sq.ft.:
$891.72
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.
Darren Day
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.