2898 Glenwood Ave
Saanich, BC V9A2S2
$1,599,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 20,038 square feet
- Zoning
- Residential
RS-12
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,938.37
Interior
- Heating
- Forced air
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Entrance | Main level | — |
| Bedroom | Main level | — |
| Ensuite | Main level | 3-Piece |
| Laundry room | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Sunroom | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | 5-Piece |
| Bedroom | Main level | — |
Listing Information
- MLS®
- 1029423
- Listed
- March 19, 2026
- Time on market
- On the market for 165 days
- Data last synced
- August 28, 2026
Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.
Description
A rare opportunity to secure an exceptional waterfront estate on the shores of Portage Inlet. Set on close to a ½ acre with breathtaking 270° water views, this private, sun-drenched property offers a truly serene coastal lifestyle just minutes from Victoria. Enjoy your own water access and launch a kayak or paddleboard right from your backyard, surrounded by nature and absolute tranquility. The setting is nothing short of spectacular—gently sloping to the water with incredible outlooks from every angle. Whether you choose to reimagine the existing home or build a custom residence, this property provides a world-class canvas. Included are plans for an award-winning design (2018 CARE Award – Best Home Design Concept), thoughtfully created to maximize the views and natural landscape. With a private drive, a bridge, and ample parking, this is a once-in-a-generation opportunity to create a signature waterfront home in an increasingly prestigious enclave. (id:63159)
Values & Trends
This listing
$877/sqft
Building average
—
No other active listings in this building
Portage Inlet average
—
No comparable active listings
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)
12°C
—
Humidity 89%
Wind NNW calm 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
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 |
|---|---|---|
| Craigflower Elementary | Elementary | 540 m |
| Ecole Marigold School | Elementary | 872 m |
| Spectrum Community | Secondary | 895 m |
| Shoreline Community Middle School | Middle | 932 m |
| St Joseph's Catholic(Independent) | Elementary | 1.1 km |
| View Royal Elementary | Elementary | 1.5 km |
| Colquitz Middle School | Elementary | 1.8 km |
| Tillicum Community School | Elementary | 1.8 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)
- Craigflower Park554 m
- Unnamed588 m
- Unnamed689 m
- Unnamed742 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($319,980) — 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.