Property Type: Detached HouseOwnership: Freehold

10 McKenzie Cres

Piers Island, BC V8L5Y7

$1,047,000

3 bed2 bath2,140 sqft
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
0.53 acres
Zoning
Residential

R & S1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,049.65

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Features
Other

Room Dimensions

RoomLevelDimensions
WorkshopLower level
Great roomLower level
StorageLower level
PatioLower level
SunroomLower level
EnsuiteLower level3-Piece
Primary BedroomLower level
KitchenAdditional Accommodation
BathroomMain level4-Piece
BedroomMain level
BedroomMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1022966
Listed
January 10, 2026
Time on market
On the market for 234 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Piers Island has 131 private properties surrounding the island. The interior is greenspace filled with hiking trails and an interior road connecting the properties. Roughly 30 year round residents on the island and the remaining are seasonal residents. Here you have balance of both privacy and community. The home is a well maintained 3 bedrooms, 2 bathrooms, totaling over 2,100 sq. ft. of living space. The main floor has 2 bedrooms and 1 bathroom with an open kitchen and living area encompassing an expansive view of the southern gulf islands. A generous sized sundeck extends the entire front of the home, which is a perfect place to relax and entertain. The lower level features a bright 1 bedroom, 1 bathroom guest suite, which has enough space to accommodate plenty of family and friends. There is a generous sized workshop that could also be a studio or bunky to accommodate additional guests. This opportunity is a complete package that offers a magical experience on both land and sea in comfort for all ages. (id:63159)

Values & Trends

This listing

$489/sqft

Building average

No other active listings in this building

Piers Island average

$628/sqft

1 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (Hartland)

Mainly Clear

14°C

Mainly Clear

Humidity 92%

Wind WSW 5 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Parkland SecondarySecondary3.5 km
Deep Cove ElementaryElementary3.9 km
North Saanich Middle SchoolMiddle3.9 km
Sidney ElementaryElementary5.5 km
ḰELSET ElementaryElementary8.4 km
SD 63 Individual Learning CentreSecondary11.7 km
George Bonner ElementaryElementary11.7 km
Brentwood College(Independent)Secondary11.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,700) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$837,600.00
Periodic payment — Principal & Interest (monthly)$5,403.91
Additional monthly expenses (strata, tax, utilities, etc.)$361.14
Total monthly cost$5,765.05
Interest paid over 5-yr term$240,058.57
Balance at end of term$753,423.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,700
Stress test qualifying rate8.09%
Payment you must qualify for$7,438.20

Cash Needed at Closing

Minimum down payment$79,700
Estimated BC PTT$18,940
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,140

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information