Property Type: Land / LotOwnership: Strata

1324 Greenleaf Lane

Sidney Island, BC V8L5Y9

$388,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
1.7 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$310/mo
Annual property tax
$1,142.25

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Listing Information

MLS®
1046955
Listed
August 14, 2026
Time on market
On the market for 17 days
Data last synced
August 28, 2026

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

Description

NEW PRICE – INCREDIBLE WATERFRONT OPPORTUNITY ON SIDNEY ISLAND! An exceptional chance to create your own Gulf Island retreat on 1.7 acres of untouched waterfront. A sunny, cleared building site is already in place, along with a shared well, water cistern, storage shed and direct ocean access—ideal for kayaking, swimming and paddleboarding. Just 15 minutes by boat from Sidney, Sidney Island offers an incredible private island lifestyle with a protected 67-slip marina and breakwater, private airstrip, freshwater swimming pond, heritage orchard and over 1,300 acres of shared conservation land. Miles of hiking trails lead throughout the island with numerous access points to beautiful sandy beaches and shoreline. With the building site already established and excellent access to the water, this is a rare opportunity to secure waterfront land at an exceptional price and build your own West Coast escape. (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
Keating ElementaryElementary10.2 km
Sidney ElementaryElementary10.5 km
ḰELSET ElementaryElementary10.8 km
Cordova Bay ElementaryElementary11.3 km
SD 63 Individual Learning CentreSecondary11.4 km
Lakeview Christian School(Independent)Elementary/Middle11.7 km
Stelly's SecondarySecondary11.8 km
North Saanich Middle SchoolMiddle12.1 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$310,400.00
Periodic payment — Principal & Interest (monthly)$2,002.60
Additional monthly expenses (strata, tax, utilities, etc.)$405.19
Total monthly cost$2,407.78
Interest paid over 5-yr term$88,961.53
Balance at end of term$279,205.80

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,400
Stress test qualifying rate8.09%
Payment you must qualify for$2,834.40

Cash Needed at Closing

Minimum down payment$19,400
Estimated BC PTT$5,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,660

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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