Property Type: Detached HouseOwnership: Freehold

2460 Mill Bay Rd

Mill Bay, BC V0R2P0

$1,295,000

3 bed3 bath3 parking2,745 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
House
Lot size
0.88 acres
Zoning
Residential

R3

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,215.46

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
Ocean view

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
StorageLower level6'1 x 11'6
StorageLower level6'1 x 11'4
BathroomLower level3-Piece
BedroomLower level13'6 x 13'11
Recreation roomLower level27'1 x 18'9
Utility roomLower level13'3 x 13'11
EnsuiteSecond level3-Piece
Primary BedroomSecond level13'0 x 17'8
Sitting roomSecond level9'3 x 10'11
StudioOther13'0 x 23'10
BathroomMain level4-Piece
OtherMain level7'1 x 5'7
BedroomMain level13'3 x 10'0
KitchenMain level9'3 x 10'6
Dining roomMain level9'7 x 11'7
Living roomMain level17'7 x 18'9
EntranceMain level13'7 x 7'8

Listing Information

MLS®
1041419
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. (Cow Vall) · Data source: CREA DDF.

Description

Tucked away on a private 0.88-acre lot in the heart of Mill Bay, this distinctive West Coast home offers beautiful ocean views, exceptional privacy, and nearly 3,000 sq. ft. of living space. Warm wood accents, vaulted ceilings, and large windows create a welcoming atmosphere filled with natural light. The functional 3-bedroom, 3-bathroom layout includes spacious living areas, a feature fireplace, and multiple decks, including a rooftop deck perfect for enjoying warm summer evenings. Outside, the property is a gardener's paradise, with mature landscaping, fruit trees, grapevines, and towering cedars that create a peaceful, park-like setting. A detached studio provides excellent flexibility for hobbies, a home office, or a creative space. To top it all off, there is a hot tub under the enclosed lower deck, and plenty of parking, including multiple garage spaces. Conveniently located just minutes from Mill Bay amenities, marinas, schools, and commuter routes to Victoria, this is a rare opportunity to enjoy the West Coast lifestyle on a beautifully established property. (id:63159)

Values & Trends

This listing

$472/sqft

Building average

No other active listings in this building

Mill Bay average

$641/sqft

18 active listing(s)

Parking: 3 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

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

15

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)Secondary1.6 km
Frances Kelsey SecondarySecondary2.9 km
George Bonner ElementaryElementary3.3 km
St John's Preparatory Academy Shawnigan(Independent)K-126.3 km
Evergreen Independent School(Independent)Elementary6.7 km
Ecole Cobble Hill ElementaryElementary6.7 km
Shawnigan Lake(Independent)Secondary7.2 km
Deep Cove ElementaryElementary7.9 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 Chips732 m

Cafes (1)

  • Serious Coffee · 2490 Trans-Canada Highway736 m

Parks (5+)

  • Bakerview Road Beach Access201 m
  • Huckleberry Park246 m
  • Shorewood Road Beach Access339 m
  • George Patterson Park467 m
  • Rozon Road Trail622 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($104,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,036,000.00
Periodic payment — Principal & Interest (monthly)$6,683.92
Additional monthly expenses (strata, tax, utilities, etc.)$654.96
Total monthly cost$7,338.88
Interest paid over 5-yr term$296,920.58
Balance at end of term$931,885.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$104,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,154.53

Cash Needed at Closing

Minimum down payment$104,500
Estimated BC PTT$23,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$129,900

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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