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  5. Upper Terrace

3525 Upper Terrace Road, Uplands Oak Bay

Price

$4,498,000

Bedrooms5 Beds

Bathrooms7 Baths

Size6366 sqft

Year Built1930

Property TypeDetached Home

Property Taxes$23,409.5

Description

Originally built in 1929, this beautifully updated home sits on over half an acre in the highly desirable Uplands neighborhood. Surrounded by mature trees and well-maintained gardens, it offers a unique blend of classic character and modern comfort — ideal for family living. The kitchen was fully renovated in 2022 and features custom cabinetry, quartz countertops, a large island, and top-quality appliances — perfect for everyday meals or hosting friends. A separate dining room with garden views adds a welcoming space for family dinners or special occasions. The spacious living room includes built-in window seating and flows into a sunny conservatory, great for relaxing or spending time together. Throughout the home, hardwood floors add warmth and durability. Multiple flexible rooms provide space for a home office, study area, or quiet reading nook. The sunken family room, with its vaulted ceilings and cozy fireplace, offers a comfortable setting for gatherings or movie nights. Upstairs, the primary bedroom features two walk-in closets and a private ensuite. Four additional bedrooms — two with their own bathrooms — and a shared 4-piece bath complete the upper level. Some of these rooms enjoy beautiful ocean views, adding an extra touch of charm. The lower level includes a large media room, guest bedroom, 3-piece bathroom, and a full laundry area. Additional features include hot water heating throughout the home, an electric vehicle charger, and a private hot tub for relaxing at the end of the day. Outside, enjoy several sun-filled patios, garden pathways, and plenty of open space for kids to play or for outdoor entertaining. The location is ideal for families — within walking distance to the University of Victoria, Uplands Golf Course, Royal Victoria Yacht Club, and Gyro Beach. This well-cared-for home offers a rare combination of timeless character, thoughtful updates, and an unbeatable location in one of the area’s most sought-after neighborhoods. (id:39198)

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Listed By

The listing brokerage and/or agent is Engel & Volkers Vancouver Island

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$18,110 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,598,400

Total Interest Payments

$2,218,633

Total Payment (Principal + Interest)

$5,817,033


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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions