Property Type: Detached HouseOwnership: Freehold

1821 Penshurst Rd

Saanich, BC V8N2N8

$1,245,000

5 bed3 bath2 parking2,705 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
House
Lot size
7,705 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,386.57

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
WorkshopLower level20'9 x 10'2
BathroomLower level4-Piece
BathroomMain level4-Piece
Laundry roomLower level16'11 x 11'11
DenLower level8'9 x 13'2
BedroomLower level9'4 x 13'2
KitchenLower level12'7 x 13'1
BedroomLower level7'4 x 13'1
Living roomLower level20'8 x 13'1
BedroomMain level10'1 x 11'5
BedroomMain level9'6 x 13'6
EnsuiteMain level3-Piece
Primary BedroomMain level11'10 x 12'9
Dining nookMain level7'2 x 12'10
KitchenMain level9'11 x 12'7
Dining roomMain level12'4 x 9'8
Family roomMain level21'4 x 12'9

Listing Information

MLS®
1044955
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

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

Description

Set on a quiet street in Gordon Head, this spacious 5-bedroom, 3-bathroom home offers a flexible layout with plenty of possibilities for families, investors, or multi-generational living. Built in 1978, the home has been thoughtfully arranged across two levels, with generous room sizes and excellent storage throughout. The bright upper level features three bedrooms and two bathrooms, a welcoming living area with a gas fireplace, and a beautiful vaulted wood ceiling that gives the home warmth and character. The kitchen opens directly onto an impressive wraparound deck, creating a wonderful space for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. Downstairs offers great light as it is fully above ground. Here you’ll find two additional bedrooms, a bathroom, a spacious living room with a second gas fireplace, and a kitchen with a separate entrance. Outside, the flat, fenced 7,705 sq. ft. lot offers a private, low-maintenance backyard with plenty of space to enjoy. All of this is located close to excellent schools, parks, the University of Victoria, and the ocean. (id:63159)

Values & Trends

This listing

$460/sqft

Building average

No other active listings in this building

Gordon Head average

$628/sqft

27 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: 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

19

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
ArtsCalibre Academy(Independent)Elementary/Middle391 m
Torquay ElementaryElementary474 m
Hillcrest ElementaryElementary516 m
Gordon Head Middle SchoolElementary750 m
Lambrick Park SecondarySecondary886 m
Maria Montessori Academy(Independent)Elementary1.0 km
Mount Douglas SecondarySecondary1.3 km
Arbutus Global Middle SchoolElementary1.6 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

Cafes (1)

  • Township Coffee · 4343 Tyndall Avenue182 m

Parks (5+)

  • Francisco Park214 m
  • Sierra Park296 m
  • King Alfred Park325 m
  • Unnamed359 m
  • Tyndall Park361 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$996,000.00
Periodic payment — Principal & Interest (monthly)$6,425.85
Additional monthly expenses (strata, tax, utilities, etc.)$667.21
Total monthly cost$7,093.07
Interest paid over 5-yr term$285,456.46
Balance at end of term$895,905.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,808.49

Cash Needed at Closing

Minimum down payment$99,500
Estimated BC PTT$22,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,900

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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