Property Type: Duplex

12 1723 Sandy Beach Rd

Mill Bay, BC V0R2P4

$899,000

2 bed1 bath1 parking965 sqftBuilt 1920
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Property Details

Property & Lot

Sub-type
Duplex
Zoning
Other

R2

Ownership & Fees

Property type
Duplex
Strata / maintenance fee
$332/mo
Annual property tax
$440.84

Interior

Heating
Baseboard heaters, Electric, Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
EntranceMain level3'8 x 8'2
BathroomMain level4-Piece
BedroomMain level13'5 x 9'6
Primary BedroomMain level13'5 x 10'4
KitchenMain level11'9 x 10'8
Dining roomMain level8'5 x 12'6
Living roomMain level10'3 x 22'4

Listing Information

MLS®
1043149
Listed
July 14, 2026
Time on market
On the market for 49 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Attention non-Canadian, out-of-province, and local buyers—this is a rare opportunity to own a beautifully updated, tax-advantaged oceanfront cottage on Southern Vancouver Island. Located in the sought-after waterfront community at 1723 Sandy Beach Rd in Mill Bay, Cottage 12 offers exceptional value with NO Property Transfer Tax, NO BC Speculation Tax, and ultra-low annual property taxes and monthly fees. This stylish 2-bedroom cottage offers approximately 1,300 sq ft of total space, including 1,000 sq ft of thoughtfully designed interior living and an expansive 300 sq ft sun-drenched beachfront deck—perfect for relaxing or entertaining. The open-concept layout is enhanced by vaulted ceilings, modern pot lighting, and large windows with 180-degree coastal views. The luxury kitchen features premium Sub-Zero, Jenn-Air, and Fisher & Paykel appliances, granite countertops, a designer Shirley sink, heated tile floors, and quality Levolor blinds throughout. The updated bathroom includes heated tile floors, bidet toilet seat. A new Samsung washer/dryer combo adds everyday convenience. Residents enjoy access to a private dock, ideal for boating, kayaking, or simply enjoying the waterfront lifestyle. The well-maintained community also offers a shared gazebo, workshop, and landscaped common areas. The low monthly fee provides excellent value and includes property taxes, water, garbage collection, and common area maintenance—making this an ideal recreational getaway, investment property, or low-maintenance full-time residence. Conveniently located just 3 minutes from the Mill Bay ferry terminal, 7 minutes to Mill Bay Centre, Brentwood College School, Mill Bay Marina and Bridgeman’s Bistro, and Sweet Meadows Farm Market. A 30-minute drive to downtown Victoria or Duncan means ready access to all conveniences. (id:63159)

Values & Trends

This listing

$932/sqft

Building average

No other active listings in this building

Mill Bay average

No comparable active listings

Parking: 1 stall(s) includedStorage 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: Malahat

Mainly Clear

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

1/9 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
Brentwood College(Independent)Secondary5.6 km
Bayside Middle SchoolMiddle6.5 km
Brentwood ElementaryElementary6.6 km
SD 63 Individual Learning CentreSecondary6.6 km
Frances Kelsey SecondarySecondary6.9 km
Stelly's SecondarySecondary7.3 km
George Bonner ElementaryElementary7.3 km
ḰELSET ElementaryElementary7.4 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

Parks (1)

  • Inlet Drive Beach Access178 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$416.56
Total monthly cost$5,056.59
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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