Property Type: Detached HouseOwnership: Freehold

3815 Carey Rd

Saanich, BC V8Z4C5

$2,150,000

0 bed1 bath2 parking1,320 sqftBuilt 1942
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Property Details

Property & Lot

Sub-type
House
Lot size
7,200 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,153.13

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece

Listing Information

MLS®
1021621
Listed
December 6, 2025
Time on market
On the market for 268 days
Data last synced
August 28, 2026

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

Description

**Developer/Investor Alert!** Seize this rare and highly anticipated opportunity to invest in one of the first assembled mid-rise development sites under the UpTown/Douglas land-use policy. This prime site is perfectly positioned for a 4-6 storey mid-rise condo building or even an 8-storey development with commercial potential on the Carey Road side. Situated in a highly coveted location, the property offers unparalleled access to hundreds of amenities, including Uptown Shopping Center, Whole Foods, popular restaurants, and convenient public transit. This offering is sold in conjunction with the adjoining property at 3813 Carey rd, making it a comprehensive investment for visionary developers. Don't miss your chance to capitalize on this exceptional opportunity! (id:63159)

Values & Trends

This listing

$1,629/sqft

Building average

No other active listings in this building

Gateway average

$711/sqft

3 active listing(s)

Parking: 2 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

52

8/9 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
Colquitz Middle SchoolElementary907 m
McKenzie ElementaryElementary1.1 km
St Andrew's Regional High(Independent)Secondary1.2 km
Tillicum Community SchoolElementary1.2 km
Pacific Christian School(Independent)Elementary1.5 km
Rogers ElementaryElementary1.6 km
St Joseph's Catholic(Independent)Elementary1.7 km
Cloverdale Traditional ElementaryElementary1.8 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

Restaurants (5+)

  • Yoshi Sushi369 m
  • Brown's Social House541 m
  • Power House Living Foods Co.628 m
  • Boston Pizza655 m
  • The Chopped Leaf731 m

Cafes (5+)

  • Tim Hortons231 m
  • Starbucks371 m
  • Tim Hortons · 3501 Ravine Way456 m
  • Hey Happy638 m
  • Starbucks665 m

Grocery (2)

  • Whole Foods Market · 3587 Blanshard Street480 m
  • Save-On-Foods · 3510 Blanshard Street683 m

Parks (3)

  • Mount View Park197 m
  • Regina Park519 m
  • Taylor Park573 m

Shopping (2)

  • Uptown672 m
  • Walmart · 3460 Saanich Road730 m

Gyms (2)

  • CrossFit Vic City331 m
  • Steve Nash Fitness World608 m

Pharmacies (2)

  • Unnamed661 m
  • Shoppers Drug Mart · 3511 Blanshard Street763 m

Banks & ATMs (5+)

  • TD · 3530 Blanshard Street547 m
  • RBC Royal Bank · 3541 Blanshard Street627 m
  • Scotiabank · 3521 Blanshard Street670 m
  • RBC Royal Bank692 m
  • Unnamed780 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($430,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,720,000.00
Periodic payment — Principal & Interest (monthly)$11,096.86
Additional monthly expenses (strata, tax, utilities, etc.)$412.09
Total monthly cost$11,508.95
Interest paid over 5-yr term$492,956.94
Balance at end of term$1,547,145.56

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$430,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,226.20

Cash Needed at Closing

Minimum down payment$430,000
Estimated BC PTT$42,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$474,000

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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