10600 Derrick Rd
North Saanich, BC V8L5M8
$2,899,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.55 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,521.73
Interior
- Heating
- Heat Pump, Forced air, Electric, Propane, Other
- Cooling / A/C
- Fully air conditioned, Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 7
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Patio | Main level | — |
| Patio | Main level | — |
| Laundry room | Main level | — |
| Bathroom | Main level | 2-Piece |
| Bedroom | Main level | — |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | — |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | — |
| Office | Main level | — |
| Pantry | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1043164
- Listed
- July 14, 2026
- Time on market
- On the market for 48 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.
Description
Ocean Views: Set on a beautifully landscaped ½ acre corner lot with sweeping ocean views, this exceptional 2,850 sq. ft. residence offers refined single-level living with uncompromising attention to detail. The heart of the home is the stunning 20’ x 24’ great room, where soaring 17-foot ceilings create a dramatic yet welcoming space. Engineered hardwood floors flow throughout, and thoughtful bedroom separation ensures privacy and comfort. Designed for both everyday living and elevated entertaining, the chef’s kitchen features fully integrated appliances, a Sub-Zero fridge and freezer, and a showstopping La Cornue 5-burner gas range with dual electric ovens. Two dishwashers add convenience, while marble countertops provide timeless elegance. The spa-inspired en suite is a true retreat, complete with heated tile floors, marble countertops, and an elegant clawfoot soaker tub. Quartz countertops continue throughout the remainder of the home, reflecting the cohesive, high-end finishings carried into every space. Additional features include custom Thomas Phillips cabinetry, copper downspouts, a heat pump for efficient year-round comfort, a 615 sq. ft. garage, and fully irrigated landscaping. A rare offering that seamlessly blends coastal beauty, luxury craftsmanship, and effortless one-level living. (id:63159)
Values & Trends
This listing
$1,017/sqft
Building average
—
No other active listings in this building
Deep Cove average
$923/sqft
5 active listing(s)
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)
16°C
Mainly Clear
Humidity 73%
Wind S 6 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
12,235
(2021 Census)
+8.8% since 2016
Density: 329.3/km²
Dwellings: 5,235
Median household income: $121,000
After-tax: $104,000
Immigrant population: 16.6%
Top countries of origin (% of total population)
- United Kingdom6.8% · 830
- United States of America1.6% · 195
- Germany0.8% · 100
- Netherlands0.8% · 100
- India0.7% · 80
- China0.5% · 60
- South Africa, Republic of0.4% · 45
- Hong Kong0.2% · 30
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Deep Cove Elementary | Elementary | 1.7 km |
| Parkland Secondary | Secondary | 3.7 km |
| North Saanich Middle School | Middle | 4.0 km |
| Sidney Elementary | Elementary | 5.3 km |
| ḰELSET Elementary | Elementary | 6.0 km |
| Brentwood College(Independent) | Secondary | 6.4 km |
| George Bonner Elementary | Elementary | 6.8 km |
| Frances Kelsey Secondary | Secondary | 7.3 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($579,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.