The District of Oak has purchased key strategic lands.  The property located at 1538 Monterey Avenue is located centrally in the Oak Bay Village just North of Oak Bay Avenue.  It is comprised of two residential lots with a single-family home located on one of the lots. The District purchased the home and two lots for $1.7 million.

“This property is strategically located in the Village core and will be an important asset when we begin planning the future of the Oak Bay Avenue corridor,” said Oak Bay Mayor Nils Jensen.  Although, Municipal Council has not developed specific plans for the property the Council felt it was important to acquire the property when it became available as it will provide the community with a wider range of options when the Oak Bay Avenue corridor planning processes are undertaken.  Mayor Jensen added, “We look forward, in due course, to discussing with the community how this property might best contribute to the future of the Oak Bay Village area.”

For media enquiries, please call:

Nils Jensen, Mayor
District of Oak Bay
cell: 250 882-0549