Oak Bay Neighbourhood Guide

Oak Bay is located directly east of Victoria proper and it has a population of about 18000 residents. Oak Bay itself is divided into 6 distinct neighborhoods. North and South Oak Bay, Gonzales, Henderson, Estevan and Uplands.

The heart of Oak Bay is Oak Bay Avenue between North and South Oak Bay. You will find a wide range of restaurants, boutique stores and coffee shops as you walk down this bustling boulevard. Stop for a drink at the Penny Farthing or get your biked tuned up at Oak Bay Bicycles. South Oak Bay and the Gonzales neighborhood feature beautiful tree lined streets and character homes some of which starting to be replaced with new modern homes and of course, the Victoria Golf Club is here as well. Beach Drive wraps around Oak Bay and will take you past Anderson Hill with gorgeous ocean views and all the way up through the Uplands to neighboring Cadboro Bay. The Uplands is home to large estate like properties, waterfront executive homes, Uplands Park and The Royal Victoria Yacht Club. Oak Bay has all levels of schools including the brand new Oak Bay High School and right next to Oak Bay Marina, Glenlyon-Norfolk School.

The pros of living in Oak Bay are:

  • It’s extremely walkable and picturesque, with beautiful neighborhoods and gorgeous homes with pride of ownership throughout.
  • Oak Bay offers a Safe, quiet, lifestyle suitable for retirees or families alike
  • They are Great schools of all levels
  • Oak Bay Village! Its extremely walkable and charming.
  • Location. Location. Location. In Oak Bay, you’re Always close to the ocean, and downtown only a short bike ride or drive away

The cons

  • It’s Expensive! High home prices and high property taxes mean you’ll pay big bucks to live here
  • Older infrastructure could mean some roadwork and increased taxes down the line. In fact, Oak Bay is facing nearly 900 million of debt over the next 30 years to replace infrastructure.
  • The streets were not designed for heavy traffic, luckily it’s fairly quiet but don’t expect to drive fast to get out of oak bay.
  • Older homes that need updating. If you’re buying a 100 year old home, make sure you do due diligence on perimeter drains, wiring, insulation and everything that comes with an older home.

Oak Bay is one of the slowest growing municipalities in Victoria with very minimal population growth since the 1960s, however the council has recently legalized secondary suites and there are a handful of newer condo buildings being approved, so expect density to increase, but not anything near the rate of other municipalities. The bottomline is Oak Bay will always be one of Victoria’s most desirable neighborhoods, and when you spend time here and see how beautiful it is, you know why.

Oak Bay Video Tour

Oak Bay Map