Property Type: Detached HouseOwnership: Freehold

4010 Saanich Rd

Saanich, BC V8N1X3

$1,500,000

3 bed1 bath3 parking1,413 sqftBuilt 1901
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Property Details

Property & Lot

Sub-type
House
Lot size
16,650 square feet
Zoning
Residential

RS-6

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,395.13

Interior

Heating
Forced air
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
BedroomMain level
BedroomMain level
Primary BedroomMain level

Listing Information

MLS®
1018087
Listed
October 24, 2025
Time on market
On the market for 311 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

Exceptional Development Opportunity – 4010 Saanich Road. 16,650 sqft lot. RS-6 zoning Discover the untapped potential of this prime property located in the heart of Saanich. 4010 Saanich Road offers a rare opportunity for investors, builders, and developers alike. Situated on a generous lot, this property is ideally positioned within close proximity to major amenities, transit, schools, and shopping, making it an ideal candidate for redevelopment or subdivision (buyer to verify with the municipality). Zoning and location suggest strong potential for multi-family or infill housing, aligning with Saanich's evolving housing needs and OCP goals. Whether you're looking to hold, build, or redevelop, this property represents long-term value in a rapidly growing area. Don't miss your chance to secure a foothold in one of Greater Victoria's most desirable and strategic growth corridors. (id:63159)

Values & Trends

This listing

$1,062/sqft

Building average

No other active listings in this building

Swan Lake average

$530/sqft

6 active listing(s)

Parking: 3 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

37

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
St Andrew's Regional High(Independent)Secondary213 m
Rogers ElementaryElementary875 m
Reynolds SecondaryElementary896 m
Lake Hill ElementaryElementary1.0 km
Pacific Christian School(Independent)Elementary1.0 km
St. Margaret's(Independent)K-121.3 km
McKenzie ElementaryElementary1.5 km
Glanford Middle SchoolElementary1.7 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)

  • White Spot626 m

Cafes (2)

  • Starbucks645 m
  • Tim Hortons771 m

Grocery (4)

  • Jempoy's Lechon Victoria · 4087 Quadra Street511 m
  • Vicart · 4089 Quadra Street522 m
  • Thrifty Foods Quadra · 3995 Quadra Street616 m
  • Planet Organic Market651 m

Parks (5+)

  • Annie Park284 m
  • Unnamed326 m
  • Rainbow Ridge Park510 m
  • Rainbow Park530 m
  • Unnamed753 m

Shopping (1)

  • Saanich Centre629 m

Gyms (2)

  • Anytime Fitness747 m
  • Quadra Sports & Fitness · 3946 Quadra Street784 m

Pharmacies (1)

  • London Drugs660 m

Banks & ATMs (2)

  • Unnamed419 m
  • TD436 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($300,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,200,000.00
Periodic payment — Principal & Interest (monthly)$7,741.99
Additional monthly expenses (strata, tax, utilities, etc.)$603.93
Total monthly cost$8,345.92
Interest paid over 5-yr term$343,923.45
Balance at end of term$1,079,403.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$300,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,227.58

Cash Needed at Closing

Minimum down payment$300,000
Estimated BC PTT$28,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$329,500

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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