688 Falkland Rd

688 Falkland Rd · Oak Bay · House · 5 bed · 4 bath · $2,997,000 · MLS 1038594

Oak Bay, British Columbia
C$2,997,000
For sale
688 Falkland Rd

688 Falkland Rd is located in Oak Bay. Property snapshot: House, 5 bed, 4 bath, listed at $2,997,000, MLS 1038594. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pr

List Price: $2,997,000
MLS: 1038594
Bedrooms: 5
Bathrooms: 4
Interior Size: 4,144 sqft
Days on Market: -
Days on Site: 48
Deal Score: 50/100
Price History: Latest recorded list price 2997000.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 688 Falkland Rd?

Start by reading this listing in its Oak Bay context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 688 Falkland Rd?

This page shows a list price of $2,997,000 with MLS 1038594.

What type of home is this Oak Bay listing?

The page shows House, 5 bed, 4 bath at 688 Falkland Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 2997000.00; 1 price change(s) on file.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Prepare to have your heartstrings pulled. This classic Tudor Revival exudes timeless elegance and quiet luxury and is situated on one of Oak Bay's finest streets. Offering over 4,100 square feet of living space, this family home has been masterfully reimagined for families who host and gather, and is the perfect backdrop to create family traditions. Bathed in natural light from a canopy of skylights, the home feels bright and inviting throughout. At its heart is an impressive open-concept chef's kitchen featuring vaulted ceilings, marble countertops, premium appliances, a secondary prep area and a large island, perfect for entertaining. French doors open onto a west-facing deck overlooking the beautifully landscaped quarter-acre property, with ever-changing views of seasonal blooms. Designed with longevity in mind, the versatile floor plan continues to evolve as your family's needs change. The main-level primary wing offers a peaceful retreat complete with an ensuite bathroom, adjoining sitting area, ideal as a dressing-room-style closet, and convenient washer/dryer hook-ups in the closet. The generous bedrooms, loft and full bathroom on the upper level provide exceptional space and separation, ideal for older children or out-of-town guests. The lower level offers two more bedrooms, a media room and a gym. Meticulously maintained and updated over the years with a focus on energy efficiency and ensuring quality. Updates include Smart-home technology, upgraded plumbing and electrical systems, added insulation, a high-efficiency gas furnace and on-demand hot water. Enjoy a rare double-car garage with EV charger. Located just blocks from beaches, parks, the Oak Bay Marina, and some of Victoria's top schools. This is the type of home where families gather, traditions are created, and memories are made for generations to come. Because some homes are meant for a season, and some are meant for a lifetime. Book your private viewing today. (id:56153)

Property Details

House
Building Type
5
Bedrooms
4
Bathrooms
1934
Year Built
92 years
Age
48
Days on Site
11,242 sf
Lot Area
4,144 sqft
Interior Size
C$723
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29851896 (1038594)

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Site Context

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Property Summary

Price: C$2,997,000

Lot Area: 11,242 sf

PID: 003-795-241

Days on Site: 48 days

Added to BurnabyHouse: 2026-06-04

Updated on: 2026-06-18 08:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 1.1 km away
1929 Oak Bay Avenue
About 1.1 km away
2187 Oak Bay Avenue
Shopping Centres
About 1.4 km away
About 1.7 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

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BC Assessment Sales History & Nearby Sales

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