Property Type: Detached HouseOwnership: Freehold

1698 Millstream Rd

Highlands, BC V9B6E7

$1,850,000

4 bed4 bath12 parking4,730 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
House
Lot size
2 acres
Zoning
Unknown

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,621.78

Interior

Heating
Heat Pump, Baseboard heaters, Wood
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Parking

Total spaces
12

Room Dimensions

RoomLevelDimensions
StorageOther
StorageOther
StorageOther
OfficeOther
BathroomOther2-Piece
StudioOther
StorageMain level
PatioMain level
PatioMain level
PatioMain level
PorchMain level
WorkshopMain level
WorkshopMain level
Laundry roomMain level
BathroomMain level4-Piece
BedroomMain level
BedroomMain level
BedroomMain level
EnsuiteMain level5-Piece
Primary BedroomMain level
BathroomMain level2-Piece
OfficeMain level
Recreation roomMain level
Dining roomMain level
KitchenMain level
Sitting roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1046994
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

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

Description

Welcome to this exceptional private Highlands estate, offering over 4,700 sq.ft. of flexible living space on a peaceful 2-acre setting surrounded by mature trees and natural West Coast beauty. The custom-built 3,600 sq.ft. rancher was thoughtfully designed for true one-level living with full wheelchair accessibility, featuring wider hallways and doorways, lowered switches and windows, accessible counters, and seamless mobility throughout. The main home offers 4 bedrooms, 3 bathrooms, and a dedicated office, ideal for families, multigenerational living, or working from home. Large windows bring in natural light and frame tranquil forest views, while the impressive rec room showcases vaulted ceilings with custom beams, a wall of windows, and direct access to nearly 2,000 sq.ft. of decks and patios. The spacious kitchen provides excellent storage and workspace, flowing into the dining and living areas. Multiple gathering spaces offer flexibility for everyday living and entertaining. Year-round comfort is provided by electric baseboards, ducted heat pumps, two woodstoves, and a wood-burning fireplace insert. A standout feature is the attached 4-car garage with double workshops, perfect for hobbyists, vehicle storage, or projects. A generator shed with integrated backup power adds peace of mind. Adding exceptional versatility, the detached 1,100 sq.ft. studio includes an office/bedroom and 2-piece bathroom, making it ideal for a home business, creative studio, guest accommodation, or additional workspace. Recent upgrades include matching metal roofs on all buildings, HardiePlank siding, insulated garage doors, and two new heat pumps. A gated entrance, fencing, private well, and septic system complete this rare Highlands property, offering an outstanding combination of privacy, accessibility, functionality, and lifestyle. (id:63159)

Values & Trends

This listing

$391/sqft

Building average

No other active listings in this building

Western Highlands average

$593/sqft

6 active listing(s)

Parking: 12 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: Malahat

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

2,482

(2021 Census)

+11.6% since 2016

Density: 65.3/km²

Dwellings: 927

Median household income: $122,000

After-tax: $105,000

Immigrant population: 11.6%

Top countries of origin (% of total population)

  • United Kingdom3.4% · 85
  • United States of America1.6% · 40
  • Netherlands1.4% · 35
  • Korea, South1% · 25
  • Peru0.4% · 10
  • Ukraine0.4% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Lakewood ElementaryElementary4.3 km
Millstream ElementaryElementary4.4 km
Ruth King ElementaryElementary5.8 km
Willway ElementaryElementary5.8 km
Spencer Middle SchoolMiddle5.9 km
Crystal View ElementaryElementary6.3 km
Prospect Lake ElementaryElementary6.4 km
Savory ElementaryElementary6.5 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

Parks (3)

  • Unnamed217 m
  • Unnamed555 m
  • Caleb Pike Homestead704 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,480,000.00
Periodic payment — Principal & Interest (monthly)$9,548.46
Additional monthly expenses (strata, tax, utilities, etc.)$705.48
Total monthly cost$10,253.94
Interest paid over 5-yr term$424,172.25
Balance at end of term$1,331,264.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$370,000
Stress test qualifying rate8.09%
Payment you must qualify for$11,380.68

Cash Needed at Closing

Minimum down payment$370,000
Estimated BC PTT$35,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$406,500

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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