Property Type: Land / LotOwnership: Freehold

2218 Dolphin Rd

North Saanich, BC V8L5Y7

$875,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
0.5 acres
Zoning
Residential

R-2

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$6,474.78

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Listing Information

MLS®
1037677
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Ltd. (Sid) · Data source: CREA DDF.

Description

Rare opportunity to own a 0.5-acre low-bank waterfront lot with direct beach access in North Saanich. This level, R-2 zoned property offers easy building potential and captivating north-facing views across an active marine setting, including the BC Ferries and Seaspan terminals—providing a uniquely dynamic coastal outlook. Enjoy close proximity to marinas, YYJ Airport, hiking trails, restaurants, cafes, and the Town of Sidney. An adjoining waterfront lot is also available for purchase separately, offering potential for a larger estate or investment. Buyer to verify all building and zoning inquiries with the District of North Saanich. (id:63159)

Location Insights

Weather

Nearest station: Victoria (Hartland)

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

12,235

(2021 Census)

+8.8% since 2016

Density: 329.3/km²

Dwellings: 5,235

Median household income: $121,000

After-tax: $104,000

Immigrant population: 16.6%

Top countries of origin (% of total population)

  • United Kingdom6.8% · 830
  • United States of America1.6% · 195
  • Germany0.8% · 100
  • Netherlands0.8% · 100
  • India0.7% · 80
  • China0.5% · 60
  • South Africa, Republic of0.4% · 45
  • Hong Kong0.2% · 30

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

3/9 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
Parkland SecondarySecondary2.1 km
North Saanich Middle SchoolMiddle2.4 km
Deep Cove ElementaryElementary3.7 km
Sidney ElementaryElementary3.8 km
ḰELSET ElementaryElementary6.8 km
SD 63 Individual Learning CentreSecondary10.2 km
Brentwood College(Independent)Secondary11.5 km
George Bonner ElementaryElementary11.8 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)

  • Lands End Café214 m

Parks (3)

  • Unnamed201 m
  • Unnamed301 m
  • Unnamed349 m

Banks & ATMs (3)

  • Unnamed210 m
  • Unnamed227 m
  • Unnamed423 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($62,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$700,000.00
Periodic payment — Principal & Interest (monthly)$4,516.16
Additional monthly expenses (strata, tax, utilities, etc.)$539.56
Total monthly cost$5,055.73
Interest paid over 5-yr term$200,622.01
Balance at end of term$629,652.26

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,247.84

Cash Needed at Closing

Minimum down payment$62,500
Estimated BC PTT$15,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,500

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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