Property Type: Condo / ApartmentOwnership: Strata

1228 & 1232 Greenleaf Lane

Sidney Island, BC V8L5Y9

$2,200,000

4 bed2 bath4 parking2,300 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Lot size
2.28 acres
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$620/mo
Annual property tax
$6,481

Interior

Heating
Forced air, Propane, Solar
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4 — uncovered indicated
Features
Stall

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
BedroomMain level16' x 14'
BathroomMain level4-Piece
BedroomMain level15' x 12'
EnsuiteMain level4-Piece
Primary BedroomMain level15' x 20'
BedroomMain level12' x 16'
PantryMain level7' x 5'
Laundry roomMain level9' x 5'
KitchenMain level16' x 15'
Dining roomMain level17' x 11'
Living roomMain level18' x 17'
EntranceMain level10' x 7'

Listing Information

MLS®
1039926
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

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

Description

Introducing the iconic Book Lovers House—one of Sidney Island’s most exceptional waterfront estates. Designed by Blue Sky Architecture, this 2,300sf custom home sits on a sun-drenched point with panoramic exposure and all-day light. Inspired by the shoreline and solar orientation, the home and gardens form an elegant oval plan, creating a sheltered, sun-filled courtyard framed by the main residence and gatehouse. Flexible spaces on either side offer guest accommodation, storage, or studio potential. Garden walls and trellises connect the spaces, while the surrounding forest remains untouched for privacy. Set on 2.28 acres across two titles, with full solar, two wells, and new generator. Single-level 3 bed + den, 2 bath with workshops and beach access with oysters at your doorstep. Island amenities include private marina, airstrip, sandy beaches & walking trails, surrounded by expansive common lands roughly the combined size of Stanley Park and Central Park—shared by just 111 owners. (id:63159)

Values & Trends

This listing

$957/sqft

Building average

No other active listings in this building

Sidney Island average

$1,166/sqft

6 active listing(s)

Parking: 4 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: 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 ElementaryElementary8.9 km
ḰELSET ElementaryElementary9.3 km
Keating ElementaryElementary9.5 km
SD 63 Individual Learning CentreSecondary10.2 km
North Saanich Middle SchoolMiddle10.4 km
Stelly's SecondarySecondary10.9 km
Parkland SecondarySecondary11.0 km
Cordova Bay ElementaryElementary11.3 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)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($440,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,760,000.00
Periodic payment — Principal & Interest (monthly)$11,354.92
Additional monthly expenses (strata, tax, utilities, etc.)$1,275.08
Total monthly cost$12,630.01
Interest paid over 5-yr term$504,421.06
Balance at end of term$1,583,125.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$440,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,533.78

Cash Needed at Closing

Minimum down payment$440,000
Estimated BC PTT$44,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$485,500

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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