2788 Sheldrake Pl
Mill Bay, BC V0R2P2
$920,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1 acres
- Zoning
- Residential
R-2
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,588.51
Interior
- Heating
- Baseboard heaters, Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 8
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 11'1 x 12'0 |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | 11'1 x 11'3 |
| Kitchen | Main level | 11'4 x 15'0 |
| Living room | Main level | 11'4 x 13'4 |
| Entrance | Main level | 11'4 x 7'9 |
Listing Information
- MLS®
- 1041899
- Listed
- June 30, 2026
- Time on market
- On the market for 63 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
Welcome to 2788 Sheldrake Place, a rare opportunity to build your dream home on a beautiful 1 acre parcel in one of Mill Bay's most desirable locations. What sets this property apart is that much of the groundwork is already complete, with a beautifully finished carriage home and substantial shop ready for immediate use. The thoughtfully designed 2 bedroom carriage home features vaulted ceilings, in suite laundry, a custom fireplace, and comfortable modern living spaces. Live in it while you build, rent it out for supplemental income, accommodate family, or hold it as a valuable long term asset. The flexibility is exceptional. Below, the oversized two bay garage and shop offers 12 foot ceilings and abundant room for vehicles, equipment, storage, hobbies, or workshop space. Whether your vision is a custom estate home, a private family retreat, or a legacy property, this offering provides a unique head start. Enjoy the ability to move forward with your dream home while already having a quality residence and shop established on the property. Located just minutes from Mill Bay amenities, schools, shopping, marinas, and convenient access to Victoria, this is a rare opportunity to secure acreage, flexibility, and future potential in a highly sought after community. (id:63159)
Values & Trends
This listing
$1,009/sqft
Building average
—
No other active listings in this building
Mill Bay average
$611/sqft
18 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: Malahat
16°C
Mainly Clear
Humidity 73%
Wind S 6 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
4
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 |
|---|---|---|
| Frances Kelsey Secondary | Secondary | 740 m |
| Brentwood College(Independent) | Secondary | 1.5 km |
| George Bonner Elementary | Elementary | 1.6 km |
| Evergreen Independent School(Independent) | Elementary | 4.1 km |
| Ecole Cobble Hill Elementary | Elementary | 4.4 km |
| St John's Preparatory Academy Shawnigan(Independent) | K-12 | 4.5 km |
| Shawnigan Lake(Independent) | Secondary | 4.7 km |
| Discovery Elementary | Elementary | 5.6 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 (1)
- Shawnigan Creek Park666 m
Nearby places data: © OpenStreetMap contributors.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.3% ($67,000) — 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.