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Your Trusted Real Estate Advisor at Engel & Volkers Vancouver Island•Rust Phillips Group www.RustPhillips.com VREB Gold Award 🏆🇨🇦💯
South Oak Bay home perched on a stunning property South Oak Bay home perched on a stunning property with beautiful gardens and expansive views of the mountains and straits. This 5 Bedroom/ 4 Bathroom home is situated on a delightful 14,000 sqft property and just a short stroll away from the Oak Bay Village. A timeless 1930’s home with a tasteful addition crafted by Pamela Charlesworth, all in keeping with the charm of the era. From every room you will be captivated by the natural light and stunning surroundings, with original hardwood moors and coved cellings. A versatile floorplan for a couple or larger family, with a great palette ready for a modern refresh. A one of a kind Oak Bay Location, tucked away up a private hill and walkable to Oak Bay Shops, public & private schools, Windsor Park, Oak Bay Marina and the Victoria Golf Club & beaches. Offered at $2,175,000 MLS# 1015836 www.rustphillips.com #oakbay, #Yj, #oakbayliving, #vancouverisland, #westcoastliving @engelvolkersvancouverisland @gregphillipsev
NEW TO MARKET! South Oak Bay home perched on a stu NEW TO MARKET! South Oak Bay home perched on a stunning property with beautiful gardens and expansive views of the mountains and straits. This 5 Bedroom/ 4 Bathroom home is situated on a delightful 14,000 sqft property and just a short stroll away from the Oak Bay Village. A timeless 1930’s home with a tasteful addition crafted by Pamela Charlesworth, all in keeping with the charm of the era. From every room you will be captivated by the natural light and stunning surroundings, with original hardwood moors and coved cellings. A versatile floorplan for a couple or larger family, with a great palette ready for a modern refresh. A one of a kind Oak Bay Location, tucked away up a private hill and walkable to Oak Bay Shops, public & private schools, Windsor Park, Oak Bay Marina and the Victoria Golf Club & beaches. Offered at $2,175,000 MLS# 1015836 www.rustphillips.com #oakbay, #yyj, #oakbayliving, #vancouverisland, #westcoastliving @engelvolkersvancouverisland @gregphillipsev
SEPTEMBER 2025 TOP PRODUCERS ❤️ SEPTEMBER 2025 TOP PRODUCERS ❤️
SEPT 2025 VREB MARKET STATISTICS..September 2025 SEPT 2025 VREB MARKET STATISTICS..September 2025 Victoria real estate market finds a healthy balance in autumn A total of 554 properties sold in the Victoria Real Estate Board region this September, 3 per cent fewer than the 571 properties sold in September 2024 and 5.5 per cent more than in August 2025. Sales of condominiums decreased by 18.5 per cent from September 2024 with 154 units sold. Sales of single family homes increased by 6.3 per cent from September 2024 with 289 sold. “September was another stable month for local real estate,” said 2025 Victoria Real Estate Board Chair Dirk VanderWal. “Stability is a good thing; we don’t want to see huge fluctuations in price or number of sales in our market. A market like we currently are in, that experiences typical seasonality, and includes a healthy amount of inventory and a good selection of interested buyers, is one where we won’t have that overheated pressure on pricing and on transactions that we saw in previous years. Our current market is fairly balanced, with less pressure on both the buyers’ and the sellers’ sides. This means each party in the transaction has time to do their due diligence and make decisions.” There were 3,694 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of September 2025, an increase of 2.6 per cent compared to the previous month of August and a 9.9 per cent increase from the 3,361 active listings for sale at the end of September 2024. “Single family homes and townhome sales remained strong last month,” adds Chair VanderWal. “The condo market proved slightly softer. Decreasing interest rates may bring more buyers into the field, including first time home buyers who often purchase condos. In these balanced market conditions, if you’re selling, it’s important your home is well-presented and correctly priced. If you are purchasing, it’s important you prioritize your needs and wants as there are more options to choose from. Your REALTOR® can help you identify the right strategy for a successful sale or purchase.”
2693 MacDonald Drive East. ONE LEVEL luxury reimag 2693 MacDonald Drive East. ONE LEVEL luxury reimagined residence privately situated on .56 acre gated property in prestigious Queenswood. The owners have meticulously reinvented their home with exceptional attention to detail throughout. The flow is superb offering a bright open plan with completely updated interior including new hardwood & ceramic flooring, custom cabinetry, countertops and appliances are just some of the numerous upgrades completed. The spacious kitchen is open and bright with adjacent eating area, centre island and views to the manicured gardens and surrounding trees. Vaulted ceilings in the dining and living rooms are encompassed with numerous windows and double sliding doors leading to an oversized patio and private south facing garden. There are 3 bedrooms including a generous primary suite complete with ensuite bath and walk in closet. A rare turn key opportunity in a sought after location adjacent to Cadboro Bay Village, Gyro Park/Beach & UVIC. Interior. Offered at $2,075,000 MLS #1015942 www.rustphillips.com @engelvolkersvancouverisland @gregphillipsev #queenswood, #rancher, #luxurylifestyle, #yyj, #saanich, #islandliving, #westcoast
NEW TO MARKET! ONE LEVEL luxury reimagined residen NEW TO MARKET! ONE LEVEL luxury reimagined residence privately situated on .56 acre gated property in prestigious Queenswood. The owners have meticulously reinvented their home with exceptional attention to detail throughout. The flow is superb offering a bright open plan with completely updated interior including new hardwood & ceramic flooring, custom cabinetry, countertops and appliances are just some of the numerous upgrades completed. The spacious kitchen is open and bright with adjacent eating area, centre island and views to the manicured gardens and surrounding trees. Vaulted ceilings in the dining and living rooms are encompassed with numerous windows and double sliding doors leading to an oversized patio and private south facing garden. There are 3 bedrooms including a generous primary suite complete with ensuite bath and walk in closet. A rare turn key opportunity in a sought after location adjacent to Cadboro Bay Village, Gyro Park/Beach & UVIC. Interior. Offered at $2,075,000 MLS # 1015942 www.rustphillips.com @engelvolkersvancouverisland @gregphillipsev #queenswood, #rancher, #acreage, #yyj, #retiredliving, #gardens, #luxurylifestyle, #westcoast
AUGUST 2025 VREB MARKET STATISTICS.. Victoria rea AUGUST 2025 VREB MARKET STATISTICS.. Victoria real estate market quiet but steady to summer’s end. A total of 525 properties sold in the Victoria Real Estate Board region this August, 3.7 per cent fewer than the 545 properties sold in August 2024 and 22.8 per cent fewer than in July 2025. Sales of condominiums decreased by 16 per cent from August 2024 with 152 units sold. Sales of single family homes increased by 6.3 per cent from August 2024 with 268 sold. “August was a quiet but steady month,” said 2025 Victoria Real Estate Board Chair Dirk VanderWal. “Typical of what we’d expect for the time of year, the late summer month saw fewer sales and a small decrease in the available listings. Many people shift focus to vacations and back to school preparation in August. Home buying, selling, and moving projects are often put on hold until fall. Some sellers use the month to prepare their home for listing in the busier fall market.” There were 3,600 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of August 2025, a decrease of 2.8 per cent compared to the previous month of July and a 12.8 per cent increase from the 3,191 active listings for sale at the end of August 2024. “We’ve seen fairly stable prices and interest rates for over a year now,” adds Chair VanderWal. “These factors, combined with the improved availability of inventory, have translated into a real estate market which has a much different pace than the highly pressurized conditions that made headlines five years ago. Based on our current conditions, consumers are adjusting their expectations for the time it takes to sell a property, how long they will have to make a decision, and what competition they will encounter. The current market allows buyers and sellers more time to review their options, evaluate properties, and is more supportive of planning and decision making, all of which are helpful when you’re making one of the biggest financial decisions you’ll make in your lifetime. To get started or to evaluate your options as the fall market opens, connect with your favourite local REALTOR® who has insight on up-to-the-minute market conditions.”
JULY 2025 TOP PRODUCERS ❤️ JULY 2025 TOP PRODUCERS ❤️
NEW TO MARKET! Stunning 3,400 sq.ft. modern reside NEW TO MARKET! Stunning 3,400 sq.ft. modern residence, set on over 7 acres, offering panoramic views of the Gulf Islands, Salish Sea, Mt. Baker, & beyond — the ultimate retreat. Perched high among the treetops & on a single level, the home features a thoughtfully designed open-concept layout with spacious principal rooms & seamless access to large decks that invite you to soak in the scenery. The gourmet kitchen includes a breakfast nook & opens to the living room & dining area, all with incredible views. The primary suite enjoys sweeping views, a walk-in closet & 5-piece ensuite. There are 2 more bedrooms, one with an ensuite and walk-in closet, ideal for family/guests. A cozy den has flexibility as a home office, library, or media room. Outside, the hot tub is ideally positioned for evening stargazing & quiet moments with the view. Additional features include a raised vegetable garden, low-maintenance landscaping, steel roof & a 2-car garage. Located just 5 min from Fulford & 15 min from Ganges. Offered at $2,250,000 MLS# 1008995 www.rustphillips.com @engelvolkersvancouverisland @gregphillipsev #saltspringisland, #westcoast, #bc, #bcliving, #luxurylifestyle, #rancher, #gulfislands
JULY 2025 VREB MARKET STATISTICS… Victoria real JULY 2025 VREB MARKET STATISTICS… Victoria real estate market offers good options over the summer months A total of 680 properties sold in the Victoria Real Estate Board region this July, 4.6 per cent more than the 650 properties sold in July 2024 and 10.6 per cent fewer than in June 2025. Sales of condominiums increased by 5.6 per cent from July 2024 with 225 units sold. Sales of single family homes decreased by 0.3 per cent from July 2024 with 318 sold. “Typically, as the school year wraps up and summer holidays begin, our housing market relaxes somewhat,” said 2025 Victoria Real Estate Board Chair Dirk VanderWal. “However, we did see a good pace of sales in July, and listing inventory remained at a stable level. This means that those shopping over the summer will have a good selection of homes to consider but it also means there is enough market activity that we could see some properties go into multiple offers.” There were 3,703 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of July 2025, a decrease of 2 per cent compared to the previous month of June and a 10.6 per cent increase from the 3,348 active listings for sale at the end of July 2024. “The conclusion of July also signals the traditionally busy spring market is officially over,” adds Chair VanderWal. “Overall, I think the level of activity over the course of the spring surprised many, who were unsure how the real estate market would be impacted by economic and trade uncertainties. But throughout 2025, we have seen positive indicators of a healthy and stable market, with consistent levels of listing inventory higher than we’ve seen in recent years along with reasonably flat and predictable pricing. Moving into the late summer and then into fall when sales often increase, consumers should enjoy a good selection of properties and the time to make decisions. It’s a great time to connect with your favourite local REALTOR® for expert assistance and up-to-the-minute insights on the market if you are considering a sale or purchase.”
NEW TO MARKET! Lambrick Park 5 Bed/ 2 Bath home si NEW TO MARKET! Lambrick Park 5 Bed/ 2 Bath home situated on a private 8000+ sqft property. This well-maintained home offers space, comfort, and an unbeatable location. The main level features three bedrooms, a spacious living room with a cozy fireplace, an efficient kitchen with a prep island, and a separate dining area with French doors leading to a large deck—perfect for entertaining and overlooking the expansive west facing backyard. The lower level includes two additional bedrooms, a den, a 3-piece bathroom, and laundry conveniently located off the attached garage. There’s also a separate entrance to the backyard, ideal for extended family or suite potential. Enjoy year-round comfort with thermo-pane windows and efficient gas-forced air heating. Tucked away on a quiet no-through street, this home is perfect for families—just a short walk to UVic, University Heights, Tuscany Village, parks, and major bus routes. Offered at $1,125,000 MLS# 1011804 www.rustphillips.com #yyj, #uvic, #studenthousing, #saanich, #saanicheast, #studentliving @gregphillipsev @engelvolkersvancouverisland
NEW TO MARKET! Welcome to this bright 2 bed/ 3 Bat NEW TO MARKET! Welcome to this bright 2 bed/ 3 Bath modern townhome in the vibrant seaside community of Royal Bay. Designed for contemporary living, it features an open-concept layout with 9-foot ceilings and is flooded with natural light. Enjoy a private outdoor patio that backs onto green space with scenic walking trails. The sleek kitchen is complete with an island, breakfast bar, quartz countertops, gas stove, & stainless steel appliances. Upstairs, the spacious primary suite includes a luxurious ensuite with heated floors, a frameless glass shower, and engineered stone countertops. A second bedroom also offers its own private ensuite, ideal for guests or family. Additional highlights include a garage with plenty of storage, high-efficiency gas furnace, & hot water on demand. This family-friendly community offers beautiful trails, parks, & easy access to the nearby retail village. Embrace coastal living with no GST & the peace of mind of the remaining 2-5-10 Home Warranty. Offered at $764,000 MLS# 1007533 www.rustphillips.com #royalbay, #seasideliving, #colwood, #yyj @gregphillipsev @engelvolkersvancouverisland
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JUNE 2025 VREB MARKET STATISTICS.. Victoria real e JUNE 2025 VREB MARKET STATISTICS.. Victoria real estate market kicks off summer with strong fundamentals A total of 761 properties sold in the Victoria Real Estate Board region this June, 15.1 per cent more than the 661 properties sold in June 2024 and 0.4 per cent more than in May 2025. Sales of condominiums increased by 23.3 per cent from June 2024 with 249 units sold. Sales of single family homes increased by 17.5 per cent from June 2024 with 402 sold. “We observed a fairly robust real estate market in the month of June,” said 2025 Victoria Real Estate Board Chair Dirk VanderWal. “Recent market trends suggest that we have finally transitioned from a pandemic-driven market to more conventional patterns. We have experienced consecutive months of a healthy and balanced market that includes listing inventory levels we have not seen in a decade paired with steady sales. Despite economic uncertainties weighing on consumer confidence, Victoria continues to demonstrate resilient market conditions.” There were 3,778 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of June 2025, an increase of 1.7 per cent compared to the previous month of May and an 9.2 per cent increase from the 3,460 active listings for sale at the end of June 2024. “Noteworthy this past month is a large uptick in the number of condos sold,” adds Chair VanderWal. “Earlier in the spring, fewer condos were sold compared to the previous year. It seems that condo buyers were back in the market and very active in June. It will be interesting to see if this continues through the summer and becomes a trend. Regardless of the type of property, it’s a great time to connect with your favourite local REALTOR® for expert assistance and up-to-the-minute insights on the market if you are considering a sale or purchase this summer.”
NEW TO MARKET! Oak Bay ONE LEVEL HOME on a south f NEW TO MARKET! Oak Bay ONE LEVEL HOME on a south facing 16,000+ sqft property. This light-filled rancher has been lovingly maintained and awaits your cosmetic ideas. The spacious living room features leaded glass windows, hardwood floors, and a cozy fireplace, opening to a dining area with sliding doors to a private deck and fenced yard. The bright kitchen with eating area flows into a generous family room with garden views. Recent updates include a main bath reno (2020), new chimney (2015), new dishwasher, 240V electrical panel, and a gas furnace for year-round comfort. The yard features a low-maintenance Garry oak meadow & mature gardens; trees professionally inspected and trimmed (2024). Ideally located near UVic, top schools, Uplands Golf Club, Mount Tolmie, Henderson Rec Centre, Gyro Park, and Cadboro Bay village. A fantastic home for a couple, small family or retirees looking to downsize or a potential property for a new build in a prime oak bay location. Offered at $1,498,000 (assessed at $1,563,000) MLS# 1003753 www.rustphillips.com #oakbaybc, #yyj, #downsizingseniors, #rancherhome, #westcoast @engelvolkersvancouverisland @gregphillipsev
NEW TO MARKET! Oak Bay ONE LEVEL HOME on a south f NEW TO MARKET! Oak Bay ONE LEVEL HOME on a south facing 16,000+ sqft property. This light-filled rancher has been lovingly maintained and awaits your cosmetic ideas. The spacious living room features leaded glass windows, hardwood floors, and a cozy fireplace, opening to a dining area with sliding doors to a private deck and fenced yard. The bright kitchen with eating area flows into a generous family room with garden views. Recent updates include a main bath reno (2020), new chimney (2015), new dishwasher, 240V electrical panel, and a gas furnace for year-round comfort. The yard features a low-maintenance Garry oak meadow & mature gardens; trees professionally inspected and trimmed (2024). Ideally located near UVic, top schools, Uplands Golf Club, Mount Tolmie, Henderson Rec Centre, Gyro Park, and Cadboro Bay village. A fantastic home for a couple, small family or retirees looking to downsize or a potential property for a new build in a prime oak bay location. Offered at $1,498,000 (assessed at $1,563,000) MLS# 1003753 www.rustphillips.com #oakbaybc, #yyj, #downsizingseniors, #rancherhome, #westcoast, #yyjrealestate, #oakbay @engelvolkersvancouverisland @gregphillipsev
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MAY 2025 VREB MARKET STATISTICS….A stable real e MAY 2025 VREB MARKET STATISTICS….A stable real estate market trend continues in Victoria, BC A total of 758 properties sold in the Victoria Real Estate Board region this May, 0.7 per cent fewer than the 763 properties sold in May 2024 but 18.1 per cent more than in April 2025. Sales of condominiums decreased by 6 per cent from May 2024 with 221 units sold. Sales of single family homes increased by 0.5 per cent from May 2024 with 401 sold. “Victoria’s real estate market in the month of May was positive for consumers on both sides of the transaction,” said 2025 Victoria Real Estate Board Chair Dirk VanderWal. “Ample inventory coming to market outpaced brisk sales, which provided a consistent amount of choice and eased competition on high-demand properties. More balanced market conditions were supported by stability both in prices and in interest rates. The May market was resilient, and that steady pace is a little boring to report on but has been much more comfortable for buyers and sellers to navigate than markets we’ve seen in past years.” There were 3,716 active listings for sale on the Victoria Real Estate Board Multiple Listing Service® at the end of May 2025, an increase of 8.5 per cent compared to the previous month of April and an 11.3 per cent increase from the 3,338 active listings for sale at the end of May 2024. “The past month we saw the highest total sales that we’ve seen since May 2024, which was the peak month last year,” adds Chair VanderWal. “We’ve also tracked the highest number of new listings incoming since May 2008, which helped to keep the market balanced. It is important to remember that our housing market is made up of many micro markets, and if you are shopping for a downtown condo your experience and strategy is going to be much different than someone who is shopping for a suburban detached home. Enlisting the help of a local REALTOR® will help ensure that one of the biggest financial transactions you’ll make in your lifetime is a great success.”
NEW TO MARKET! This Arts and Crafts home blends en NEW TO MARKET! This Arts and Crafts home blends enduring craftsmanship with updates that provide ease of living and peace of mind. Sitting at the rise of the street, on a corner lot to the adjacent treed right-of-way, the house enjoys benefits from trees, greenery, and low-maintenance gardens. New plumbing, electrical, heating, roof, gas fireplace, rebuilt chimneys, and on-demand hot water deliver top-end quality and reliability and make livina elegant, easy and trouble-free. Anderson Hill Park and oceanside walks are out the front door just paces to the left, and Windsor Park just steps to the right. In South Oak Bay, on Island Road next to the secret-garden-like green space, the location oners that sougnt arter country-lane feel. Inougncully restored examples or quality cransmanship that are easy to care for, live in, ano in the perfect location are rare. Offered at $2,385,000 MLS# 997385 www.rustphillips.com #luxurylifestyle, #oakbay, #luxuryrealestate, #oakbayliving, #vancouverislandbc, #yyj, @engelvolkersvancouverisland @gregphillipsev
PRICE IMPROVEMENT! 1030 St. Charles Street. Landma PRICE IMPROVEMENT! 1030 St. Charles Street. Landmark 7 Bedroom gated family home in the heart of prestigious Rockland. This majestic property situated on over half an acre is the perfect home for a larger/ multi generational family or a developer who wants to explore converting this grand home to a house plex with potential for adding other future development (inquire w LS). Features 3 kitchens including a lower-level 2 bedroom walk out in-law suite, detached studio, double detached garage, private gated property & expansive estate gardens. A true masterpiece, offering grand living in an exceptional location. Impeccably maintained and has many updates. Offered at $3,245,000 MLS #997837 www.rustphillips.com @engelvolkersvancouverisland @gregphillipsev #rockland, #yyj, #landmarkhomes, #multigenerationalliving, #luxurylife, #luxuryrealestate
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Engel & Voelkers Vancouver Island

2249 Oak Bay Avenue
Victoria, BC V8R 1G4

Julie: 250-888-1570
julie@julierust.ca

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