Property Type: TownhouseOwnership: Strata

4 525 Paradise St

Esquimalt, BC V9A5E3

$934,900

3 bed3 bath1 parking1,127 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
6,000 square feet
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$350/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Electric, Other
Cooling / A/C
Fully air conditioned
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
PatioMain level
EnsuiteSecond level
EnsuiteSecond level
Primary BedroomSecond level
BedroomSecond level
Living roomMain level
Dining roomMain level
BathroomMain level
KitchenMain level
BedroomMain level
EntranceMain level

Listing Information

MLS®
1040143
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: Initium Real Estate Ltd. · Data source: CREA DDF.

Description

Welcome to Driftline. A collection of 4 modern & coastal homes thoughtfully designed for everyday living. Carefully crafted residences feature efficient layouts, premium finishes by M Design, energy-efficient heat pumps, and shared outdoor spaces designed for connection. Where refined design meets the relaxed sophistication of West Coast living, just moments from the ocean. With 3 bedrooms & 3 full bathrooms over two levels, these homes provide flexible living options for all demographics. Driftline’s exterior architecture reflects a calm sensibility, blending clean lines, natural texture, & modern coastal character. These homes are designed to feel connected to their setting while delivering a refined presence from every angle. Each home gets one parking space. DriftLine is positioned close to parks, recreation, waterfront access, & everyday essentials — giving future residents a coastal lifestyle with the convenience of nearby amenities. Estimated Completion, end of Oct 2026 (id:63159)

Values & Trends

This listing

$830/sqft

Building average

$813/sqft

1 active listing(s)

Old Esquimalt average

$862/sqft

3 active listing(s)

Parking: 1 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

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

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

7/9 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
Ecole Macaulay ElementaryElementary406 m
Victor-BrodeurK-12547 m
BeausoleilElementary547 m
Rockheights Middle SchoolElementary1.2 km
Esquimalt High SchoolSecondary1.2 km
Victoria West ElementaryElementary1.2 km
James Bay CommunityElementary1.9 km
Selkirk Montessori School(Independent)Elementary/Middle2.2 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+)

  • Lum's Chinese Restaurant · 914 Esquimalt Road359 m
  • Spice Valley Indian Cuisine · 910½ Esquimalt Road364 m
  • Bunny's Nook Kitchen · 904B Esquimalt Road380 m
  • Sushi Story407 m
  • The Blue Nile422 m

Cafes (3)

  • Marina Bay Cafe · 474 Head Street142 m
  • Tim Hortons447 m
  • Esquimalt Roasting Company · 854 Esquimalt Road511 m

Grocery (1)

  • Country Grocer761 m

Parks (5+)

  • Paradise Park55 m
  • Captain Jacobson Park147 m
  • West Bay Walkway540 m
  • Brodeur Field · Old Esquimalt Road573 m
  • Barnard Park · 300 Barnard Avenue605 m

Gyms (1)

  • Third Space · 918 Esquimalt Road353 m

Pharmacies (3)

  • Heart Pharmacy · 890 Esquimalt Road418 m
  • Shoppers Drug Mart · 870 Esquimalt Road499 m
  • Pharmasave726 m

Banks & ATMs (1)

  • Unnamed462 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 4 525 Paradise St

View building profile →
Built 2026

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($68,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$747,920.00
Periodic payment — Principal & Interest (monthly)$4,825.33
Additional monthly expenses (strata, tax, utilities, etc.)$406.00
Total monthly cost$5,231.33
Interest paid over 5-yr term$214,356.02
Balance at end of term$672,756.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$68,490
Stress test qualifying rate8.09%
Payment you must qualify for$6,662.39

Cash Needed at Closing

Minimum down payment$68,490
Estimated BC PTT$16,698
Legal / closing costs (typical estimate)$1,500
Total cash needed$86,688

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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