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B.C. luxury market report puts Oak Bay homes in pricey company

  • Oak Bay homes have an average price of $1,867,500, making them some of the most expensive in the region, according to data from Zoocasa.
  • Four Oak Bay mansions are among the five highest-assessed properties in the Capital Regional District.
  • Vacant lots in Oak Bay were listed for $52.5 million, crucial for a developer's plans for three towers.
  • Realtor Jason Binab stated that Oak Bay combines community, security, and luxury features, making it highly desirable.
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Vancouver Island Free Daily broke the news in Parksville, Canada on Thursday, August 28, 2025.
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