Property Type: Land / LotOwnership: Freehold

3368 Mary Anne Cres

Colwood, BC V9C3L2

$950,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
10,219 square feet
Zoning
Residential

R2

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,774.91

Interior

Fireplace
None

Exterior & Lot

View
City view, Ocean view

Parking

Total spaces
4

Listing Information

MLS®
1023856
Listed
January 22, 2026
Time on market
On the market for 221 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

An exceptional opportunity awaits on Mary Anne Crescent. This rare, fully serviced lot spans over 10,000 sq. ft. and is ready for your vision. Infrastructure is already in place, including driveways, street lighting, sewer, storm drainage, curbs, and natural gas — making this a truly build-ready property. Adding even more value, Colwood-approved building plans are available, allowing you to move forward with confidence and ease. The elevated setting offers exciting potential for beautiful ocean and city views, creating the perfect backdrop for a custom home. Zoned Residential R2, the property provides outstanding flexibility, permitting a single-family or two-family dwelling, secondary suite, group home, home occupation, and accessory buildings or structures. Whether you’re building a personal residence or exploring investment potential, the options here are compelling. Located in one of Vancouver Island’s fastest-growing communities, this is an opportunity to secure land in a desirable, well-established neighbourhood while still enjoying future growth and appreciation. (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

18,961

(2021 Census)

+12.5% since 2016

Density: 1,073.7/km²

Dwellings: 7,688

Median household income: $102,000

After-tax: $89,000

Immigrant population: 12.7%

Top countries of origin (% of total population)

  • United Kingdom2.7% · 515
  • United States of America1.1% · 200
  • Philippines0.8% · 160
  • China0.7% · 125
  • Germany0.6% · 115
  • Korea, South0.5% · 90
  • India0.4% · 75
  • Portugal0.3% · 60

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

3/9 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
Wishart ElementaryElementary692 m
Sangster ElementaryElementary1.3 km
Dunsmuir Middle SchoolMiddle1.3 km
Royal Bay SecondaryElementary1.4 km
Colwood ElementaryElementary2.1 km
Happy Valley ElementaryElementary2.1 km
Westshore Secondary SchoolSecondary2.2 km
David Cameron ElementaryElementary2.6 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

Restaurants (1)

  • Domino's745 m

Parks (5+)

  • Ocean View Park166 m
  • Karger Park350 m
  • Sue Mar Park641 m
  • Girou Park657 m
  • Outlook Park667 m

Pharmacies (1)

  • Fort Royal Pharmacy762 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$231.24
Total monthly cost$5,134.50
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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