Property Type: Detached HouseOwnership: FreeholdNEW LISTING

1416 Lang St

Victoria, BC V8T2S7

$1,789,000

5 bed5 bath5 parking3,140 sqftBuilt 2012
79
Walk Score
62
Transit
86
Bike
Walk Score® by Redfin
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Property Details

Property & Lot

Sub-type
House
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,891.06

Interior

Heating
Baseboard heaters, Forced air
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view, Mountain view, Valley view

Building

Parcel ID (PID)
006-412-297

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
EnsuiteThird level4-Piece
BathroomThird level4-Piece
Primary BedroomThird level
BedroomThird level
BedroomThird level
KitchenSecond level
BathroomSecond level3-Piece
BathroomSecond level3-Piece
BedroomSecond level
BedroomSecond level
KitchenSecond level
BathroomMain level3-Piece
KitchenMain level

Listing Information

MLS®
1049500
Listed
September 13, 2026
Time on market
On the market for 1 day
Data last synced
September 14, 2026

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

Description

Beautifully renovated single-family home offering exceptional flexibility and income potential in a highly convenient location. The main home features 3 bedrooms and 3 bathrooms, including a spacious primary bedroom. Enjoy great views from both decks, providing ideal spaces for relaxing or entertaining. The main house also includes a self-contained bachelor suite with its own private entrance and in-suite laundry. Adding even more versatility, the rear building offers a charming lodge-style 2-bedroom suite with access from the back street via Tovido Lane. Ideally located close to Hillside and Mayfair Shopping Centres, Cedar Hill Recreation Centre, and Cedar Hill Golf Course, with convenient access to a variety of amenities, shopping, recreation, and transportation. A fantastic opportunity for homeowners seeking a spacious property with excellent suite potential in a central location. (id:63159)

Values & Trends

This listing

$570/sqft

Building average

No other active listings in this building

Mayfair average

$501/sqft

3 active listing(s)

Parking: 5 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

Partly Cloudy

16°C

Partly Cloudy

Humidity 78%

Wind E 4 km/h

Tonight

12°

Monday

16°

Monday night

11°

Tuesday

20°

Tuesday night

10°

Wednesday

22°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Oak and Orca Bioregional School(Independent)K-12596 m
Ecole Quadra ElementaryElementary840 m
VI School of Innovation and Inquiry(Independent)Elementary/Middle841 m
Cloverdale Traditional ElementaryElementary1.0 km
Victoria School for Ideal Education(Independent)Elementary/Middle1.0 km
Oaklands ElementaryElementary1.1 km
Doncaster ElementaryElementary1.3 km
Lansdowne Middle SchoolMiddle1.5 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)

  • Sarpino's Pizzeria · 3009 Gosworth Road344 m

Parks (5+)

  • Highview Park · 1301 Merritt Street279 m
  • Smith Hill Reservoir343 m
  • Maplewood Green362 m
  • Summit Park · 3025 Blackwood Street373 m
  • Oswald Park · 3031 Cedar Hill Road378 m

Gyms (1)

  • Zenith Studio · 1273 Holloway Street696 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($357,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,431,200.00
Periodic payment — Principal & Interest (monthly)$9,233.62
Additional monthly expenses (strata, tax, utilities, etc.)$897.92
Total monthly cost$10,131.54
Interest paid over 5-yr term$410,186.03
Balance at end of term$1,287,369.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$357,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,005.43

Cash Needed at Closing

Minimum down payment$357,800
Estimated BC PTT$33,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$393,080

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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