Property Type: Detached HouseOwnership: Freehold

1288 Roy Rd

Saanich, BC V8Z2X9

$1,049,900

4 bed2 bath4 parking2,331 sqftBuilt 1965
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Property Details

Property & Lot

Sub-type
House
Lot size
8,368 square feet
Zoning
Residential

SFD

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,753.13

Interior

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

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
WorkshopLower level10' x 21'
Family roomLower level12' x 17'
Exercise roomLower level9' x 12'
EntranceMain level4' x 12'
Laundry roomMain level6' x 10'
BedroomLower level9' x 20'
BedroomMain level10' x 12'
BedroomMain level9' x 10'
BathroomLower level3-Piece
BathroomMain level4-Piece
Primary BedroomMain level12' x 14'
KitchenMain level11' x 14'
Dining roomMain level11' x 11'
StorageLower level18' x 18'
Living roomMain level15' x 19'

Listing Information

MLS®
1042803
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

~Sitting on a large corner lot on the quiet end of Roy is this custom-built rancher offering 1,496 sq' on the main floor with just a few steps to enter. Featuring a spacious LR, dining area, kitchen, plus 3 beds on the main. The main bath includes both a soaker tub and a separate shower. Perfectly positioned on a south-facing lot, the home is filled with natural light. A large main driveway leads to the attached two-car garage, while a second long driveway is ideal for RVs, boats, or work vehicles. Surrounded by beautiful, mature, low-maintenance irrigated landscaping, creating a private and peaceful setting. The lower level offers excellent flexibility with a 4th bed, flex room, large rec room with wet bar, 3-piece bath, and access to the 2nd driveway. 650 sq' of unfinished space includes a workshop with built-in cabinetry and a second rec area, perfect for storage or future development, including easy suite potential. Schools, medical, grocery stores, and walking trails are nearby. (id:63159)

Values & Trends

This listing

$450/sqft

Building average

No other active listings in this building

Strawberry Vale average

$665/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 (University of)

13°C

Humidity 83%

Wind WNW 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

2/9 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
Strawberry Vale ElementaryElementary459 m
Discovery School(Independent)K-12646 m
Northridge ElementaryElementary846 m
Glanford Middle SchoolElementary1.7 km
Spectrum CommunitySecondary2.2 km
Ecole Marigold SchoolElementary2.2 km
Royal Oak Middle SchoolMiddle2.2 km
St Joseph's Catholic(Independent)Elementary2.3 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.

Nearby Places

Restaurants (3)

  • Cherries Breakfast Bistro236 m
  • Jack's Restaurant260 m
  • Crooked Goose Bistro321 m

Parks (4)

  • Strawberry Knoll Park392 m
  • Unnamed445 m
  • Rosedale Park · 4100 Santa Anita Avenue648 m
  • Panama Hill Park797 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,920.00
Periodic payment — Principal & Interest (monthly)$5,418.88
Additional monthly expenses (strata, tax, utilities, etc.)$596.43
Total monthly cost$6,015.31
Interest paid over 5-yr term$240,723.49
Balance at end of term$755,510.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.27

Cash Needed at Closing

Minimum down payment$79,990
Estimated BC PTT$18,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,488

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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