Property Type: Detached HouseOwnership: Freehold

2320 Dolphin Rd

North Saanich, BC V8L5V2

$2,249,000

3 bed3 bath5 parking2,435 sqftBuilt 1961
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Property Details

Property & Lot

Sub-type
House
Lot size
1 acres
Zoning
Residential

R2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,411.89

Interior

Heating
Baseboard heaters, Forced air
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
PorchOther6'0 x 11'8
BathroomAuxiliary Building3-Piece
OtherAuxiliary Building10'6 x 11'0
PatioOther17'0 x 17'5
BedroomLower level11'0 x 13'6
BathroomLower level3-Piece
BedroomLower level11'9 x 9'3
Family roomLower level15'6 x 22'5
BathroomMain level4-Piece
Primary BedroomMain level14'6 x 11'8
Living roomMain level15'9 x 22'9
SunroomMain level9'7 x 14'0
Dining roomMain level10'8 x 14'5
KitchenMain level9'6 x 9'9
EntranceMain level8'0 x 4'1

Listing Information

MLS®
1031445
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

Listing provided by: The Agency · Data source: CREA DDF.

Description

Tucked away along the shoreline of North Saanich, this remarkable one acre property captures the very best of West Coast oceanfront living in the Victoria area. The home blends comfort and privacy with panoramic views that stretch across Swartz Bay toward Piers Island creating a sense of calm from the moment you arrive. Inside, more than 2,400 square feet of bright inviting living space unfolds across two levels offering room to relax, entertain or simply take in the scenery. Large windows frame the water in nearly every direction while thoughtful placement on the lot ensures both sunlight and seclusion throughout the day. Step beyond the home and you’ll find yourself in a natural retreat with winding garden paths, mature trees, a cozy cabin and a bubbling hot tub overlooking your own sheltered bay-front and private mooring buoy. The result is a space that feels both personal and full of possibility. With R-2 zoning (minimum lot size 0.5 acre) this property presents a rare opportunity for those seeking investment potential or a future expansion or subdivision (buyer to verify). The location couldn’t be more convenient with Canoe Cove Marina and the Stonehouse Pub within walking distance and just minutes to BC Ferries terminal and Victoria International Airport. (id:63159)

Values & Trends

This listing

$924/sqft

Building average

No other active listings in this building

Swartz Bay average

$645/sqft

8 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

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

26

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 SecondarySecondary2.3 km
North Saanich Middle SchoolMiddle2.7 km
Sidney ElementaryElementary4.0 km
Deep Cove ElementaryElementary4.0 km
ḰELSET ElementaryElementary7.0 km
SD 63 Individual Learning CentreSecondary10.3 km
Brentwood College(Independent)Secondary11.8 km
George Bonner ElementaryElementary12.1 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.

Nearby Places

Cafes (1)

  • Lands End Café476 m

Parks (3)

  • Unnamed200 m
  • Unnamed496 m
  • Unnamed535 m

Banks & ATMs (3)

  • Unnamed483 m
  • Unnamed496 m
  • Unnamed629 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($449,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,799,200.00
Periodic payment — Principal & Interest (monthly)$11,607.83
Additional monthly expenses (strata, tax, utilities, etc.)$656.32
Total monthly cost$12,264.15
Interest paid over 5-yr term$515,655.89
Balance at end of term$1,618,386.22

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$449,800
Stress test qualifying rate8.09%
Payment you must qualify for$13,835.22

Cash Needed at Closing

Minimum down payment$449,800
Estimated BC PTT$45,470
Legal / closing costs (typical estimate)$1,500
Total cash needed$496,770

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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