Property Type: Land / LotOwnership: Freehold

1002 Peace Keeping Cres

Langford, BC V9C2P3

$469,900

0 bed0 bath3 parking
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Property Details

Property & Lot

Lot size
4,475 square feet
Zoning
Residential

RS1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,521

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Total spaces
3

Listing Information

MLS®
1036975
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

72k UNDER ASSESSED VALUE! Attention Builders, Developers, and Homeowners – this is a unique and single lot for your custom home w/Suite or even duplex w/ suite might be possible for less than $600,000.- (2,000 sq/ft). This is the largest and the only remaining lot of this development that allows for a SECONDARY SUITE! Beautifully located building lot for families with 4,475 square feet of FREEHOLD property situated at the end of a quiet Cul-de-Sac. Large backyard privacy with greenspace and amazing mountain views. Only short distance to Westshore Town Centre and in walking- proximity to schools, shopping, and downtown amenities. All utilities are in place and ready to start construction on this highly sought-after neighbourhood! (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

46,584

(2021 Census)

+31.8% since 2016

Density: 1,124.4/km²

Dwellings: 19,968

Median household income: $93,000

After-tax: $82,000

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom2.5% · 1,165
  • Philippines2.2% · 1,005
  • India1.4% · 655
  • United States of America1.1% · 520
  • China0.8% · 380
  • Korea, South0.5% · 230
  • Viet Nam0.4% · 170
  • Germany0.4% · 165

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

2/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Happy Valley ElementaryElementary577 m
Lighthouse Christian Academy(Independent)K-121.4 km
Belmont SecondaryElementary1.6 km
Wishart ElementaryElementary2.1 km
David Cameron ElementaryElementary2.3 km
Spencer Middle SchoolMiddle2.5 km
Westshore Secondary SchoolSecondary2.7 km
Colwood ElementaryElementary2.7 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.

Nearby Places

Restaurants (2)

  • Pizzability Glenlake474 m
  • My Name Is Sushi751 m

Parks (5+)

  • Unnamed189 m
  • Unnamed196 m
  • Unnamed197 m
  • Unnamed211 m
  • Winnie Sifert Park243 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,920.00
Periodic payment — Principal & Interest (monthly)$2,425.31
Additional monthly expenses (strata, tax, utilities, etc.)$210.08
Total monthly cost$2,635.39
Interest paid over 5-yr term$107,739.75
Balance at end of term$338,141.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,432.70

Cash Needed at Closing

Minimum down payment$23,495
Estimated BC PTT$7,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,393

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.

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