Property Type: Detached HouseOwnership: Freehold

2701 Sea View Rd

Saanich, BC V8N1K7

$7,500,000

4 bed7 bath6 parking5,061 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Lot size
0.63 acres
Zoning
Residential

Rs-16

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$24,747.62

Interior

Heating
Heat Pump, Forced air, Natural gas, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

Exterior & Lot

View
City view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BathroomOther3-Piece
StudioOther
BalconyOther
BathroomLower level3-Piece
BedroomLower level
BathroomLower level3-Piece
BedroomLower level
Family roomLower level
Primary BedroomLower level
EnsuiteLower level5-Piece
BedroomLower level
BathroomLower level3-Piece
Laundry roomLower level
BathroomLower level2-Piece
MediaLower level
BalconyOther
Living roomMain level
DenMain level
KitchenMain level
BathroomMain level2-Piece
Mud roomMain level
OfficeMain level
EntranceMain level

Listing Information

MLS®
1028678
Listed
March 12, 2026
Time on market
On the market for 172 days
Data last synced
August 28, 2026

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

Description

Perched on a rare & private 0.6-acre ocean-view estate in prestigious Ten Mile Point, 2701 Sea View is a striking modern residence by Horizon Pacific, designed to capture breathtaking coastal panoramas. Completed in 2021, the home combines modern architecture w/ exceptional craftsmanship and modern luxury. Equipped w/ an integrated smart home system, allowing remote control of entry, lighting, blinds, and appliances. The main level opens into an expansive living room, elegant dining area, and chef-inspired kitchen, perfectly positioned to frame sweeping ocean views & fill the home with natural light. Floor-to-ceiling glazing enhances the connection between the interior spaces & the surrounding landscape, creating a seamless indoor-outdoor living experience. A private office provides a quiet space for work or study. A dramatic custom steel staircase leads to the lower level, where the primary suite offers a serene escape. This level also features 3 additional bedrooms, each with an ensuite, a central family lounge ideal for gatherings, and a world-class theatre room perfect for movie nights. The home also offers potential for an elevator, providing flexibility for multigenerational living and long-term accessibility. Downstairs, a private studio with a full ensuite, separate address (2701B), and gas & plumbing in place for a kitchen offers flexibility for a guest suite, office, gym, creative studio or rental space. Outdoors, the expansive terrace provides an exceptional setting for entertaining while enjoying ocean vistas. The side garden offers ample space to create a private resort-style retreat, with room for a pool, outdoor kitchen or lounge area. A pathway leading to the shoreline offers access for kayaks, perfect for the West Coast lifestyle. Surrounded by coastal trails & just minutes from Cadboro Bay Village & Gyro Beach, this remarkable Ten Mile Point estate blends privacy, architecture & coastal beauty in one of Victoria's most coveted seaside communities. (id:63159)

Values & Trends

This listing

$1,482/sqft

Building average

No other active listings in this building

Ten Mile Point average

$904/sqft

11 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

22

5/9 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 ElementaryElementary1.2 km
Arbutus Global Middle SchoolElementary2.0 km
Campus View ElementaryElementary2.7 km
Mount Douglas SecondarySecondary2.7 km
Maria Montessori Academy(Independent)Elementary2.8 km
Ecole Willows ElementaryElementary3.0 km
St. Michaels University School(Independent)K-123.1 km
Artemis Place Secondary(Independent)Secondary3.3 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)

  • Thai Lemongrass · 3838 Cadboro Bay Road799 m

Cafes (2)

  • Moka House · 1849b Cadboro Bay Road732 m
  • Olive Olio's · 3840 Cadboro Bay Road784 m

Grocery (1)

  • Pepper's Foods · 3829 Cadboro Bay Road747 m

Parks (5+)

  • Unnamed401 m
  • Unnamed435 m
  • Unnamed466 m
  • Benson Park476 m
  • Cadboro-Gyro Park514 m

Pharmacies (1)

  • Heart Pharmacy · 3825 Cadboro Bay Road750 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($1,500,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$6,000,000.00
Periodic payment — Principal & Interest (monthly)$38,709.96
Additional monthly expenses (strata, tax, utilities, etc.)$2,315.30
Total monthly cost$41,025.27
Interest paid over 5-yr term$1,719,617.25
Balance at end of term$5,397,019.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,500,000
Stress test qualifying rate8.09%
Payment you must qualify for$46,137.90

Cash Needed at Closing

Minimum down payment$1,500,000
Estimated BC PTT$293,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,794,500

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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