Property Type: Detached HouseOwnership: Freehold

2550 Queenswood Dr

Saanich, BC V8N1X5

$4,749,000

5 bed3 bath4 parking3,048 sqftBuilt 1938
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Property Details

Property & Lot

Sub-type
House
Lot size
3 acres
Zoning
Residential

RS16

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$38,283.95

Interior

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

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PatioLower level
Family roomLower level
BathroomSecond level4-Piece
BedroomSecond level
BedroomSecond level
BedroomSecond level
BedroomSecond level
PatioMain level
PatioMain level
PatioMain level
SunroomMain level
EnsuiteMain level4-Piece
Primary BedroomMain level
Living roomMain level
Dining roomMain level
KitchenMain level
Eating areaMain level
BathroomMain level2-Piece
OfficeMain level
EntranceMain level

Listing Information

MLS®
1043978
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

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

Description

Rare opportunity to own an extraordinary 3-acre oceanfront estate in the prestigious Queenswood neighbourhood. Privately positioned at the end of a winding driveway, the property captures unobstructed views of Haro Strait and the San Juan Islands that can be enjoyed throughout the home and across the beautifully landscaped grounds. Offering over 3,000 sq ft of living space, the residence features 5 bedrooms, multiple living and entertaining areas, a sunroom, and timeless architectural character. A detached chalet, oceanside swimming pool, expansive patios, and beautifully landscaped grounds complete this exceptional offering. Just minutes from Cadboro Bay Village, Gyro Park, the University of Victoria, and a short drive to Oak Bay Village, this remarkable property offers an exceptional combination of waterfront living, privacy, and convenience. (id:63159)

Values & Trends

This listing

$1,558/sqft

Building average

No other active listings in this building

Queenswood average

$806/sqft

6 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: Victoria (University of)

12°C

Humidity 89%

Wind NNW calm 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

SchoolTypeDistance
Frank Hobbs ElementaryElementary1.1 km
Arbutus Global Middle SchoolElementary1.4 km
Mount Douglas SecondarySecondary2.3 km
Maria Montessori Academy(Independent)Elementary2.3 km
Hillcrest ElementaryElementary2.5 km
Campus View ElementaryElementary2.6 km
ArtsCalibre Academy(Independent)Elementary/Middle2.8 km
Torquay ElementaryElementary3.2 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 (4)

  • Unnamed204 m
  • Cranford Park320 m
  • Unnamed687 m
  • Goward Park791 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($949,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,799,200.00
Periodic payment — Principal & Interest (monthly)$24,511.15
Additional monthly expenses (strata, tax, utilities, etc.)$3,342.33
Total monthly cost$27,853.48
Interest paid over 5-yr term$1,088,861.64
Balance at end of term$3,417,392.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$949,800
Stress test qualifying rate8.09%
Payment you must qualify for$29,214.52

Cash Needed at Closing

Minimum down payment$949,800
Estimated BC PTT$155,450
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,106,750

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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