Property Type: Land / LotOwnership: Freehold

4104 Interurban Rd

Saanich, BC V8Z7H4

$399,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
1.62 acres
Zoning
Rural residential

A-1

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$428.15

Interior

Fireplace
None

Listing Information

MLS®
1032487
Listed
April 16, 2026
Time on market
On the market for 137 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation - The Neal Estate Group · Data source: CREA DDF.

Description

4104 Interurban Road, 1.62 acres bare land in a highly desirable area, this unique parcel presents an intriguing opportunity for a forward-thinking buyer. Zoned A1, the property offers potential for those willing to explore its possibilities and navigate the due diligence required. A covenant registered in 1986 references a no-build restriction; however, it is unclear whether this applies to the entire property or only a portion. Buyers are strongly encouraged to complete their own investigations with the appropriate professionals to fully understand any limitations, permitted uses, and future potential. Opportunities like this are rare in such a sought-after location. Whether you are a builder, investor, or someone looking to secure land with long-term upside, this property offers a compelling chance to unlock value with the right vision and research. (id:63159)

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

15

2/9 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
Discovery School(Independent)K-12330 m
Strawberry Vale ElementaryElementary697 m
Northridge ElementaryElementary789 m
Glanford Middle SchoolElementary1.3 km
Spectrum CommunitySecondary1.4 km
Ecole Marigold SchoolElementary1.4 km
St Joseph's Catholic(Independent)Elementary1.5 km
McKenzie ElementaryElementary1.6 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 (3)

  • Crooked Goose Bistro455 m
  • Jack's Restaurant533 m
  • Cherries Breakfast Bistro550 m

Parks (5+)

  • Panama Hill Park390 m
  • South Valley Park556 m
  • Edge Park565 m
  • Rosedale Park · 4100 Santa Anita Avenue650 m
  • Colquitz Park · 4272 Eastridge Crescent692 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,200.00
Periodic payment — Principal & Interest (monthly)$2,059.37
Additional monthly expenses (strata, tax, utilities, etc.)$35.68
Total monthly cost$2,095.05
Interest paid over 5-yr term$91,483.64
Balance at end of term$287,121.43

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.76

Cash Needed at Closing

Minimum down payment$19,950
Estimated BC PTT$5,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,430

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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