Property Type: Land / LotOwnership: Strata

1114 Rainforest Lane

Sidney Island, BC A1A1A1

$579,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
5.14 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$283/mo
Annual property tax
$709.02

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Listing Information

MLS®
1030116
Listed
March 26, 2026
Time on market
On the market for 158 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Incredible ocean views, exceptional privacy, and over 5 acres of usable land define this rare waterfront offering at the northern end of Sidney Island’s private lands. This 2.78-acre parcel, combined with 2.36 acres of exclusive-use Limited Common Property, creates a remarkably spacious and private setting. A driveway leads to a level building site ideally positioned to capture breathtaking east and northeast views across Miners Channel toward Mandarte Bird Sanctuary and Halibut Island. Enjoy stunning sunrises and ever-changing coastal scenery from this elevated, sun-filled property. Surrounded by arbutus, cedar, fir, and maple, and just steps to a sandy beach, bordering Sidney Island National Park. Amenities include shared dock, airstrip, and over 1,300 acres of trails and conserved land—minutes from Sidney by boat. (id:63159)

Location Insights

Weather

Nearest station: Victoria (Hartland)

Mainly Clear

15°C

Mainly Clear

Humidity 80%

Wind WNW 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
Sidney ElementaryElementary7.2 km
ḰELSET ElementaryElementary7.9 km
North Saanich Middle SchoolMiddle8.8 km
Keating ElementaryElementary9.1 km
SD 63 Individual Learning CentreSecondary9.1 km
Parkland SecondarySecondary9.3 km
Stelly's SecondarySecondary10.1 km
Brentwood ElementaryElementary11.2 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: 5.7% ($32,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$463,200.00
Periodic payment — Principal & Interest (monthly)$2,988.41
Additional monthly expenses (strata, tax, utilities, etc.)$342.09
Total monthly cost$3,330.49
Interest paid over 5-yr term$132,754.45
Balance at end of term$416,649.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,199.32

Cash Needed at Closing

Minimum down payment$32,900
Estimated BC PTT$9,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,980

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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