There’s something about Oak Bay that makes it easy to see why people want to call it home. It has the charm of an established neighbourhood, with tree-lined streets, parks, beaches, local shops, and a strong sense of community, while still being close to everything Greater Victoria has to offer.
That’s the setting for Magnolia Oak Bay, a boutique new home community at 2090 Allenby Road.
Rather than a large multi-unit development, Magnolia is intentionally small, with just four four-bedroom townhomes. The homes range from approximately 1,600 to 1,665 square feet, offering a practical amount of space for families, couples looking for room to grow, or anyone who wants the convenience of a newer home without giving up the character of an established neighbourhood.
Designed for Everyday Living
The homes at Magnolia combine contemporary finishes with spaces designed around everyday life.
Interiors feature hardwood flooring, quartz countertops, premium appliances, and spacious kitchens, creating a modern and functional backdrop for cooking, entertaining, and simply settling in at the end of the day.
Outdoor space is also part of the design. Each home includes a private BBQ deck and fenced west-facing backyard, giving residents their own space to enjoy some fresh air or spend time with family and friends.
Parking is another practical consideration. Each residence comes with a single garage and private driveway with parking for two vehicles, making it easier to accommodate multiple vehicles or visiting guests.
A Walkable Oak Bay Setting
One of the interesting things about Magnolia is how much of the surrounding neighbourhood can be enjoyed without having to go far.
Carnarvon Park and Allenby Park are nearby, providing green space for recreation and getting outdoors. Willows Beach is also approximately a 12-minute walk from the development, putting one of Oak Bay’s popular waterfront destinations within easy reach.
For everyday conveniences, Estevan Village is close by, offering local shops and services. Oak Bay Village is also nearby, while downtown Victoria is accessible when work, entertainment, dining, or other city amenities call.
It’s a location that combines the quieter pace of residential Oak Bay with convenient connections to the rest of Greater Victoria.
A Small-Scale New Construction Opportunity
With only four homes, Magnolia takes a different approach to new townhome development. There’s no massive collection of units or large-scale community to navigate. Instead, it’s a small group of homes integrated into an established Oak Bay neighbourhood.
The project is being developed by Everise Developments, with Pinnacle Homes Group, eXp Realty as the sales team.
For buyers watching the Greater Victoria new construction market, Magnolia is an interesting project to keep on the radar, particularly for those looking for a four-bedroom home in Oak Bay with modern finishes, private outdoor space, and access to nearby parks, beaches, and village amenities.
Magnolia Oak Bay is currently registering interest, with completion anticipated for Winter 2026.
Sales Team: Pinnacle Homes Group, eXp Realty
