Property Type: Detached HouseOwnership: Freehold

2881 Phyllis St

Saanich, BC V8N1Y8

$2,599,000

6 bed5 bath5 parking4,592 sqftBuilt 1964
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Property Details

Property & Lot

Sub-type
House
Lot size
17,544 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,414

Interior

Heating
Baseboard heaters, Forced air, Electric, Natural gas, Wood
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
PatioLower level
Unfinished RoomLower level
Unfinished RoomLower level
Laundry roomLower level
PatioLower level
Primary BedroomLower level
BathroomLower level3-Piece
BedroomLower level
KitchenLower level
Living roomLower level
Eating areaLower level
PatioLower level
StorageLower level
PatioLower level
BedroomMain level
BathroomMain level2-Piece
EnsuiteMain level4-Piece
BedroomMain level
EnsuiteMain level4-Piece
BedroomMain level
Laundry roomMain level
EnsuiteMain level4-Piece
Sitting roomMain level
Primary BedroomMain level
Dining roomMain level
Eating areaMain level
KitchenMain level
MediaMain level
Living roomMain level
Family roomMain level
PorchMain level
PorchMain level

Listing Information

MLS®
1044194
Listed
July 25, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

The unrivalled Ten Mile Point peninsula, known for its wooded coastal landscape, offers a serene escape from the bustle of the city, home to prestigious estates, secluded beaches, and just minutes from popular Cadboro Bay Village. Tucked at the end of a quiet cul-de-sac on a 0.4-acre lot backing onto Konukson Park, 2881 Phyllis St greets you with stunning curb appeal, a cedar entrance, custom fir doors and lighting. With almost 4,600 sq ft of flexible living space, this 5-6 bed, 5 bath home includes a versatile secondary suite with a private entrance and laundry, ideal for in-laws, teens, or rental income. The main level features a gourmet kitchen, wood fireplace, hardwood floors, Italian tile, skylights, and multiple ensuite bedrooms. Adjoining family rooms connected by French doors and a Sonos sound system running to outdoor spaces create an ideal entertaining flow. The private SW-facing yard offers mature trees, ample deck space, and a fire pit. Just minutes to amenities and UVic! (id:63159)

Values & Trends

This listing

$566/sqft

Building average

No other active listings in this building

Ten Mile Point average

$987/sqft

11 active listing(s)

Parking: 5 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 ElementaryElementary2.0 km
Arbutus Global Middle SchoolElementary2.8 km
Mount Douglas SecondarySecondary3.6 km
Campus View ElementaryElementary3.6 km
Ecole Willows ElementaryElementary3.6 km
Maria Montessori Academy(Independent)Elementary3.7 km
St. Michaels University School(Independent)K-124.0 km
Hillcrest ElementaryElementary4.1 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 (5+)

  • Wedgepoint Park183 m
  • Wedgewood Park206 m
  • Unnamed232 m
  • Konukson Park264 m
  • Phyllis Park283 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,200.00
Periodic payment — Principal & Interest (monthly)$13,414.29
Additional monthly expenses (strata, tax, utilities, etc.)$1,264.50
Total monthly cost$14,678.79
Interest paid over 5-yr term$595,904.70
Balance at end of term$1,870,247.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,988.32

Cash Needed at Closing

Minimum down payment$519,800
Estimated BC PTT$55,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,270

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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