Property Type: Detached HouseOwnership: Freehold

2620 Queenswood Dr

Saanich, BC V8N1X5

$4,500,000

4 bed4 bath6 parking3,310 sqftBuilt 1938
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Property Details

Property & Lot

Sub-type
House
Lot size
1.98 acres
Zoning
Residential

RS-16

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$37,171.34

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Unfinished RoomOther
Laundry roomOther
BalconyOther
BathroomOther2-Piece
BathroomOther4-Piece
BedroomOther
EntranceOther
KitchenOther
Dining roomOther
Living roomOther
BathroomSecond level4-Piece
BedroomSecond level
Primary BedroomSecond level
BathroomMain level3-Piece
EntranceMain level
KitchenMain level
Eating areaMain level
BedroomMain level
Living roomMain level
Dining roomMain level
Family roomMain level

Listing Information

MLS®
1032184
Listed
April 17, 2026
Time on market
On the market for 136 days
Data last synced
August 28, 2026

Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.

Description

2620 Queenswood Drive sits on a rare waterfront acreage in one of Victoria's most sought-after neighbourhoods, just minutes from Cadboro Bay. Tucked within a park-like setting, the property offers a genuine sense of seclusion while remaining close to everything the area has to offer. The surrounding nature and coastal wildlife are very much part of everyday life here. Views of Mt. Baker, the Gulf Islands, and the Salish Sea can be enjoyed from multiple points across the property. Two homes sit on the grounds — the original 1930s character home and a cottage perched right at the water's edge — offering flexibility for extended family, rental income, or future planning while you envision what comes next. The scale of the lot presents a genuine opportunity to build a dream home and establish a long-term family estate in a location that rarely becomes available. Close to Cadboro Bay Village, UVIC, and Gyro Park, peaceful waterfront living and everyday amenities are equally within reach. (id:63159)

Values & Trends

This listing

$1,360/sqft

Building average

No other active listings in this building

Queenswood average

$839/sqft

6 active listing(s)

Parking: 6 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)

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

11

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 SchoolElementary1.7 km
Mount Douglas SecondarySecondary2.5 km
Maria Montessori Academy(Independent)Elementary2.6 km
Campus View ElementaryElementary2.7 km
Hillcrest ElementaryElementary2.9 km
ArtsCalibre Academy(Independent)Elementary/Middle3.1 km
Torquay ElementaryElementary3.5 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)

  • Cranford Park44 m
  • Unnamed526 m
  • Unnamed559 m
  • Unnamed769 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($900,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,600,000.00
Periodic payment — Principal & Interest (monthly)$23,225.98
Additional monthly expenses (strata, tax, utilities, etc.)$3,263.61
Total monthly cost$26,489.59
Interest paid over 5-yr term$1,031,770.35
Balance at end of term$3,238,211.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$900,000
Stress test qualifying rate8.09%
Payment you must qualify for$27,682.74

Cash Needed at Closing

Minimum down payment$900,000
Estimated BC PTT$143,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,044,500

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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