1081 Aspen Rd
Malahat, BC V0R2L0
$5,900,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5.78 acres
- Zoning
- Residential
GB2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,033
Interior
- Heating
- Heat Pump, Propane
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (3)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Other | 2-Piece |
| Recreation room | Lower level | — |
| Office | Main level | — |
| Primary Bedroom | Main level | 17'7 |
| Living room | Main level | 16'10 x 22'2 |
| Laundry room | Lower level | 5'3 x 7'2 |
| Laundry room | Main level | 8'6 x 7'10 |
| Kitchen | Main level | — |
| Family room | Lower level | 13'8 x 13'9 |
| Family room | Main level | — |
| Entrance | Main level | — |
| Ensuite | Main level | 4-Piece |
| Dining room | Main level | 24'3 |
| Bedroom | Main level | 11'7 x 11'7 |
| Bedroom | Lower level | 10'7 |
| Bedroom | Lower level | 10'5 |
| Bedroom | Lower level | 10'5 |
| Bathroom | Lower level | 4-Piece |
| Bathroom | Lower level | 4-Piece |
| Bathroom | Main level | 2-Piece |
| Bathroom | Main level | 4-Piece |
Listing Information
- MLS®
- 1028948
- Listed
- March 18, 2026
- Time on market
- On the market for 166 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
A rare waterfront offering set on over 5 acres with a private dock, valuable foreshore lease, and deep-water moorage, this private gated estate provides direct access to the calm, protected waters of Finlayson Arm for year-round boating, fishing, kayaking, and coastal exploration. Perfectly positioned above the inlet, the home captures breathtaking ocean, mountain, and rugged West Coast views from one of the most extraordinary vantage points on Vancouver Island. Thoughtfully designed to harmonize with its natural surroundings, this custom-built contemporary residence blends modern luxury with the tranquility of coastal living. Expansive windows and natural materials create an inviting and luminous interior, where the beauty of the outdoors becomes part of everyday living. With over 4,500 sq. ft. of beautifully finished living space, the home features five bedrooms and five bathrooms, along with generous living and entertaining areas that flow seamlessly from one space to the next. Every detail has been considered to offer both comfort and elegance, whether enjoying quiet moments or hosting family and friends. The outdoors are equally impressive. A pool, hot tub, and outdoor shower provide a private resort-like experience, while the expansive grounds offer unparalleled privacy and connection to nature. From the dock, residents can enjoy direct water access for boating, kayaking, or fishing, while taking in the dramatic coastal scenery and abundant wildlife. This waterfront sanctuary combines privacy, luxury, and natural beauty in a setting that is both exclusive and serene. With over five acres of land, a thoughtfully designed home, and rare waterfront amenities, it offers an exceptional West Coast lifestyle, just minutes from nearby communities while feeling a world apart. An unparalleled opportunity to own one of Vancouver Island’s most extraordinary coastal estates. (id:63159)
Values & Trends
This listing
$1,257/sqft
Building average
—
No other active listings in this building
Malahat Proper average
$558/sqft
2 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
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
| School | Type | Distance |
|---|---|---|
| Lakewood Elementary | Elementary | 7.6 km |
| Millstream Elementary | Elementary | 7.9 km |
| Willway Elementary | Elementary | 7.9 km |
| Bayside Middle School | Middle | 8.3 km |
| Prospect Lake Elementary | Elementary | 8.4 km |
| Spencer Middle School | Middle | 9.0 km |
| Ruth King Elementary | Elementary | 9.0 km |
| Brentwood Elementary | Elementary | 9.0 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: Sooke (SD62)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,180,000) — 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.