2495 Shannon Pl
Saanich, BC V8N1X2
$4,388,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.89 acres
- Zoning
- Residential
RS-16
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $25,770
Interior
- Heating
- Baseboard heaters, Natural gas, Hot Water
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Parking
- Total spaces
- 8
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Patio | Other | — |
| Patio | Other | — |
| Patio | Other | — |
| Patio | Other | — |
| Porch | Other | — |
| Balcony | Second level | — |
| Balcony | Second level | — |
| Balcony | Second level | — |
| Balcony | Second level | — |
| Balcony | Second level | — |
| Storage | Other | — |
| Other | Additional Accommodation | — |
| Bathroom | Additional Accommodation | X |
| Bedroom | Additional Accommodation | — |
| Living room | Additional Accommodation | — |
| Studio | Other | — |
| Bathroom | Other | 2-Piece |
| Gym | Other | — |
| Wine Cellar | Lower level | — |
| Ensuite | Second level | 5-Piece |
| Other | Second level | — |
| Bathroom | Second level | 4-Piece |
| Primary Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | — |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | — |
| Other | Second level | — |
| Utility room | Main level | — |
| Laundry room | Main level | — |
| Bathroom | Main level | 2-Piece |
| Office | Main level | — |
| Other | Main level | — |
| Family room | Main level | — |
| Bathroom | Main level | 2-Piece |
| Kitchen | Main level | — |
| Eating area | Main level | — |
| Other | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1038742
- Listed
- June 1, 2026
- Time on market
- On the market for 91 days
- Data last synced
- August 28, 2026
Listing provided by: The Agency · Data source: CREA DDF.
Description
Substantial price adjustment from the original listing price due to a planned business relocation to Vancouver and current market conditions. The current price also reflects future interior updating and modernization potential, creating a rare value opportunity in Victoria's prestigious Queenswood neighbourhood. Set on a private and beautifully landscaped 1.89-acre estate near the ocean, ''Villa de Shannon'' offers over 8,300 SqFt of living space, mature gardens, fresh coastal air, subtle ocean glimpses through the trees, and exceptional privacy from neighbouring homes. The balanced estate-like lot, grand circular driveway, generous parking, and additional space for a boat or RV complete this remarkable property. This well-built and meticulously maintained Spanish-style residence showcases timeless estate architecture with arched doorways, exposed beam ceilings, hardwood and stone flooring, expansive patios, spacious principal rooms, and an exceptional layout. Rather than a newly renovated contemporary home, the interior reflects classic Spanish estate character with quality craftsmanship, solid construction, and enduring elegance. A charming cottage-style guest retreat provides exceptional flexibility with a sitting area, bedroom, and semi-kitchen, making it ideal for extended family, long-term guests, staff, a home office, studio, or similar independent living space. The primary suite features a spa-inspired ensuite with a built-in steam shower. Additional amenities include a gym, wine cellar, greenhouse, shed, multiple patios, and parking for up to eight vehicles. Buyers seeking a brand-new contemporary interior may wish to update selected finishes, lighting, colours, kitchen and bathroom elements to suit their personal style. However, the home's outstanding scale, structure, privacy, landscaping, and estate setting remain its defining strengths, and the current price already reflects this future modernization opportunity. (id:63159)
Values & Trends
This listing
$525/sqft
Building average
—
No other active listings in this building
Queenswood average
$978/sqft
6 active listing(s)
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
7
1/9 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
| School | Type | Distance |
|---|---|---|
| Frank Hobbs Elementary | Elementary | 802 m |
| Arbutus Global Middle School | Elementary | 1.0 km |
| Mount Douglas Secondary | Secondary | 1.9 km |
| Maria Montessori Academy(Independent) | Elementary | 1.9 km |
| Hillcrest Elementary | Elementary | 2.2 km |
| Campus View Elementary | Elementary | 2.2 km |
| ArtsCalibre Academy(Independent) | Elementary/Middle | 2.4 km |
| Torquay Elementary | Elementary | 2.8 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
Parks (5+)
- Unnamed259 m
- Unnamed338 m
- Goward Park521 m
- Haro Woods Park617 m
- Cranford Park674 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($877,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.