284 Prospect Lake Rd
Saanich, BC V9E1J7
$1,589,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 4.25 acres
- Zoning
- Agricultural
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,674.35
Interior
- Heating
- Heat Pump, Wood
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 6 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Lower level | 7'8 x 16'6 |
| Bedroom | Lower level | 14'1 x 10'10 |
| Laundry room | Main level | 9'7 x 11'9 |
| Ensuite | Main level | 3-Piece |
| Bathroom | Main level | 3-Piece |
| Primary Bedroom | Main level | 17'3 x 13'5 |
| Bedroom | Main level | 11'5 x 11'11 |
| Bedroom | Main level | 9'5 x 15'1 |
| Family room | Main level | 14'7 x 18'8 |
| Eating area | Main level | 7'11 x 12'3 |
| Kitchen | Main level | 9'1 x 12'3 |
| Living room | Main level | 21'10 x 15'4 |
| Entrance | Main level | 6'1 x 16'3 |
Listing Information
- MLS®
- 1047585
- Listed
- August 22, 2026
- Time on market
- On the market for 9 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Camosun · Data source: CREA DDF.
Description
Discover the possibilities of country living on this 4.25-acre ALR property. Conveniently located just minutes from shopping, downtown and major roads, this acreage offers a rare combination of space, versatility and opportunity. Agricultural zoning and ALR designation provide excellent potential for horses, gardening and a variety of agricultural pursuits. The property includes a 3 stall barn and multiple outbuildings, a metal boat/RV shelter, portable office building, municipal water and a shallow well for garden watering. There is plenty of room to enjoy the outdoors, with deck and patio areas for relaxing and entertaining. The spacious 3-4 bedroom, 2-bathroom home offers a functional floor plan with plenty of potential to update and personalize. The generous primary bedroom features a walk-in closet, while the living room provides a welcoming gathering space with a wood-burning fireplace. Additional features include newer kitchen appliances, heat pump, vinyl windows, metal roof, built-in vacuum and 17kw generator with auto start-up. The approximately 7'6'' partial basement adds valuable versatility with a large workshop and hobby room, providing excellent space for projects, storage or hobbies. Whether you're looking for room for horses, gardens, recreational vehicles, hobbies or simply the freedom and privacy of acreage living, this property offers an exciting opportunity to create your ideal Central Saanich lifestyle. (id:63159)
Values & Trends
This listing
$784/sqft
Building average
—
No other active listings in this building
Prospect Lake average
$731/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
15
2/9 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 |
|---|---|---|
| Prospect Lake Elementary | Elementary | 258 m |
| Lakeview Christian School(Independent) | Elementary/Middle | 3.8 km |
| Claremont Secondary | Secondary | 4.6 km |
| Royal Oak Middle School | Middle | 4.7 km |
| Cordova Bay Elementary | Elementary | 4.9 km |
| Bayside Middle School | Middle | 5.2 km |
| Strawberry Vale Elementary | Elementary | 5.4 km |
| Keating Elementary | Elementary | 5.4 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
Cafes (1)
- Mosi Bakery Cafe & Gelateria396 m
Parks (5+)
- Prospect Lake Park · 335 Prospect Lake Road345 m
- Whitehead Park · 5079 Prospect Lake Road468 m
- Unnamed599 m
- Unnamed712 m
- Unnamed713 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($317,800) — 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.