Property Type: Detached HouseOwnership: Freehold

1243 Stancil Lane

View Royal, BC V8Z1R6

$1,175,000

3 bed3 bath2 parking2,239 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
12,197 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,559

Interior

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

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
2 — covered indicated
Features
Garage

Room Dimensions

RoomLevelDimensions
KitchenLower level21'
Eating areaMain level11' x 12'
BathroomMain level4-Piece
BathroomMain level3-Piece
BathroomLower level3-Piece
Family roomLower level12' x 23'
BedroomMain level13' x 12'
BedroomLower level11' x 13'
Primary BedroomMain level15' x 15'
KitchenMain level11' x 13'
Dining roomMain level11' x 11'
Living roomMain level14' x 19'
PatioLower level21' x 33'
EntranceMain level10' x 5'

Listing Information

MLS®
1044156
Listed
July 25, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

New Price over $110,000 below assessed value—currently tenanted and ready for you to update and transform into your dream homeSimply gorgeous water and mountain views from this bright, 1989-built, 2,239 sq ft home, featuring expansive windows and over 900 sq ft of decks and patios on a 12,000 sq ft lot to soak up the inlet vistas. Conveniently situated in a lovely neighbourhood just off Burnside Road, on a private drive, this 3-bedroom, 3-bathroom home offers a spacious family room with a wood-burning fireplace, an eat-in kitchen with a separate dining room, and a primary bedroom with an ensuite and walk-in closet. The full height walkout lower level includes a 1-bedroom in-law accommodation, 2-car garage and ample parking space. Enjoy a fantastic location close to transit, Victoria General Hospital, Eagle Creek Shopping Centre, and access to the Welland Legacy Park & Community Orchard and the Galloping Goose Trail right off of Stancil. So much potential-currently tenanted and by appointment only. Some pictures have the tenants belongings virtually removed (id:63159)

Values & Trends

This listing

$525/sqft

Building average

No other active listings in this building

Hospital average

$620,324/sqft

8 active listing(s)

Parking: 2 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: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

11,575

(2021 Census)

+11.2% since 2016

Density: 807.7/km²

Dwellings: 5,175

Median household income: $98,000

After-tax: $86,000

Immigrant population: 18.4%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 400
  • India2.5% · 290
  • Philippines1.3% · 145
  • United States of America1% · 120
  • China1% · 115
  • Germany0.6% · 65
  • Pakistan0.5% · 55
  • Hong Kong0.4% · 45

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 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
Ecole Marigold SchoolElementary1.1 km
Spectrum CommunitySecondary1.1 km
Craigflower ElementaryElementary1.2 km
Shoreline Community Middle SchoolMiddle1.3 km
Discovery School(Independent)K-121.4 km
St Joseph's Catholic(Independent)Elementary1.4 km
View Royal ElementaryElementary1.4 km
Strawberry Vale ElementaryElementary1.5 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

Restaurants (1)

  • Sushi K Japanese Restaurant · #135-19 Helmcken Road507 m

Cafes (2)

  • Tim Hortons516 m
  • Starbucks608 m

Grocery (1)

  • Quality Foods629 m

Parks (5+)

  • Welland Legacy Park · 1215 Stancil Lane71 m
  • Joe Baur Park93 m
  • Portage Inlet Linear Park121 m
  • Chancellor Park · 51 Chancellor Avenue394 m
  • Saint Giles Park · 150 Saint Giles Street546 m

Banks & ATMs (1)

  • Coastal Community Credit Union506 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$575.25
Total monthly cost$6,639.81
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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