Property Type: Land / LotOwnership: Freehold

3867/3869 Olympian Way

Langford, BC V9C0R7

$650,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
7,158 square feet
Zoning
Duplex

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,083.89

Interior

Fireplace
None

Listing Information

MLS®
1043796
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

Listing provided by: Rennie & Associates Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Phase 2 at Olympic View—where nature meets convenience! This is your opportunity to secure a DUPLEX lot nestled next to the prestigious Olympic View Golf Course. Just minutes from the Red Barn Market and surrounded by lush greenery, this community offers a peaceful, secluded feel while being close to schools, services, and everyday essentials. Enjoy direct access to an extensive network of walking and biking trails right from your doorstep. Legal suites are permitted on single family lots, making this a flexible option for multigenerational living or mortgage helpers. Both Single Family and DUPLEX lots are still available, but opportunities are going fast. Please note: this is an active construction site and viewings are by appointment only. Book your private tour today and start planning your dream home in one of the West Shore’s most desirable new communities. (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

14°C

Humidity 88%

Wind NNW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

46,584

(2021 Census)

+31.8% since 2016

Density: 1,124.4/km²

Dwellings: 19,968

Median household income: $93,000

After-tax: $82,000

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom2.5% · 1,165
  • Philippines2.2% · 1,005
  • India1.4% · 655
  • United States of America1.1% · 520
  • China0.8% · 380
  • Korea, South0.5% · 230
  • Viet Nam0.4% · 170
  • Germany0.4% · 165

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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
Westmont Montessori School(Independent)K-121.9 km
Royal Bay SecondaryElementary2.0 km
Happy Valley ElementaryElementary2.5 km
Wishart ElementaryElementary2.6 km
Dunsmuir Middle SchoolMiddle2.9 km
Sangster ElementaryElementary3.0 km
Lighthouse Christian Academy(Independent)K-123.7 km
Colwood 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+)

  • Unnamed307 m
  • Unnamed334 m
  • Unnamed366 m
  • Unnamed480 m
  • Unnamed612 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$256.99
Total monthly cost$3,611.85
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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