Property Type: Detached HouseOwnership: Freehold

2437 Benko Rd

Mill Bay, BC V0R2P4

$1,195,000

3 bed5 bath4 parking2,484 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
House
Lot size
21,519 square feet
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,703.6

Interior

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

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
StorageLower level5'2 x 11'3
Recreation roomLower level18'8
Primary BedroomSecond level14'8 x 11'4
Living roomMain level11'5 x 14'5
Laundry roomLower level5'2 x 11'3
KitchenLower level7'4 x 10'8
KitchenMain level9'9 x 11'6
Family roomMain level11'7
EntranceMain level9'8 x 4'5
EnsuiteSecond level3-Piece
EnsuiteSecond level3-Piece
Dining roomMain level13'6 x 11'2
BedroomSecond level8'3 x 11'8
BedroomSecond level14'7
BathroomLower level2-Piece
BathroomSecond level4-Piece
BathroomMain level2-Piece

Listing Information

MLS®
1044910
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

Absolutely gorgeous Ocean and Mountain views await you from this wonderful 3 bedroom, 5 bathroom family home just under 2400 sq ft that also features an in-law suite. Resting on a nicely landscaped, private, 0.49 acre lot you will appreciate the incredible attention to detail. Masonry work w/ front deck covered entry, tiered landscaping w/ irrigation, double garage w/ RV/additional parking, over 1253 sq ft of outdoor entertaining space including the 706 sq ft patio w/ pergola that's pre-wired for hot tub.The main floor features engineered hardwood flooring, living room w/ fireplace, dining area, kitchen w/ peninsula, additional living/dining area, all with lovely views. Upstairs you will find a full bathroom, bedroom/den, plus there are the dual primary bedrooms each with full ensuites, walk-in closets, and again gorgeous views. The downstairs has an inlaw suite that you could easily add a bedroom too & change it from a bachelor suite to a 1 bedroom. Very Nice property (id:63159)

Values & Trends

This listing

$481/sqft

Building average

No other active listings in this building

Mill Bay average

$640/sqft

18 active listing(s)

Parking: 4 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.

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
Brentwood College(Independent)Secondary1.4 km
Frances Kelsey SecondarySecondary2.5 km
George Bonner ElementaryElementary3.1 km
St John's Preparatory Academy Shawnigan(Independent)K-125.6 km
Evergreen Independent School(Independent)Elementary6.3 km
Ecole Cobble Hill ElementaryElementary6.4 km
Shawnigan Lake(Independent)Secondary6.5 km
Discovery ElementaryElementary7.3 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)

  • Fish n Chips175 m

Cafes (1)

  • Serious Coffee · 2490 Trans-Canada Highway190 m

Parks (4)

  • Huckleberry Park570 m
  • George Patterson Park705 m
  • Millsprings Park756 m
  • Shorewood Road Beach Access767 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$956,000.00
Periodic payment — Principal & Interest (monthly)$6,167.79
Additional monthly expenses (strata, tax, utilities, etc.)$599.30
Total monthly cost$6,767.09
Interest paid over 5-yr term$273,992.35
Balance at end of term$859,925.09

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,462.46

Cash Needed at Closing

Minimum down payment$94,500
Estimated BC PTT$21,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$117,900

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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