Property Type: Detached HouseOwnership: Freehold

4220 Blenkinsop Rd

Saanich, BC V8X2C4

$3,750,000

8 bed5 bath8 parking5,604 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
House
Lot size
4.53 acres
Zoning
Agricultural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,544.6

Interior

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

Exterior & Lot

View
Lake view
Waterfront
Waterfront on lake

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
BathroomAuxiliary Building4-Piece
BedroomAuxiliary Building23'8 x 9'8
BedroomAuxiliary Building14'0 x 13'3
OtherAuxiliary Building7'10 x 9'7
KitchenAuxiliary Building11'7 x 12'5
Living roomAuxiliary Building12'0 x 23'2
Living roomAdditional Accommodation19'4 x 22'4
KitchenAdditional Accommodation7'6 x 13'5
BathroomAdditional AccommodationX
BedroomAdditional Accommodation12'1 x 13'10
KitchenAdditional Accommodation10'7 x 11'6
BathroomAdditional AccommodationX
BedroomAdditional Accommodation14'7 x 14'0
BalconySecond level9'2 x 21'2
BedroomSecond level10'0 x 14'3
EnsuiteSecond level5-Piece
Primary BedroomSecond level13'9 x 21'0
BedroomMain level10'7 x 15'0
BedroomMain level10'5 x 14'10
BathroomMain level3-Piece
Eating areaMain level9'0 x 10'0
Laundry roomMain level6'3 x 10'0
Living roomMain level17'0 x 14'8
KitchenMain level17'0 x 8'7
Dining roomMain level12' x 17'
Family roomMain level14'9 x 18'1
EntranceMain level6'0 x 7'2

Listing Information

MLS®
1029416
Listed
March 19, 2026
Time on market
On the market for 165 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Nestled within the pastoral beauty of the Blenkinsop Valley, this extraordinary 4.53-acre property offers a rare chance to experience true acreage living within the urban core of Greater Victoria. Surrounded by peaceful farmland and natural beauty, yet just minutes to downtown Victoria, UVic, and everyday amenities, the setting offers the best of both rural tranquility and city convenience. The property enjoys a picturesque backdrop near Blenkinsop Lake and features a barn with four horse stalls, tack room, hayloft, and space for paddocks or a riding ring—ideal for equestrian use or hobby farming. With flexible A-1 Rural zoning and multiple dwellings including a main home, cottage, and suites, the possibilities are extensive. Build your dream estate, create a hobby farm, or simply enjoy the privacy and space in one of the few locations in Greater Victoria where acreage living like this still exists. (id:63159)

Values & Trends

This listing

$669/sqft

Building average

No other active listings in this building

Blenkinsop average

$1,014/sqft

3 active listing(s)

Parking: 8 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)

12°C

Humidity 89%

Wind NNW calm 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

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
St. Margaret's(Independent)K-12592 m
Lake Hill ElementaryElementary789 m
Reynolds SecondaryElementary1.4 km
Braefoot ElementaryElementary1.4 km
St Andrew's Regional High(Independent)Secondary1.9 km
Lambrick Park SecondarySecondary1.9 km
Gordon Head Middle SchoolElementary2.0 km
Rogers ElementaryElementary2.0 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 (3)

  • Blenkinsop Lake Park333 m
  • McBriar Park · 1136 McBriar Avenue531 m
  • Unnamed766 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($750,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,000,000.00
Periodic payment — Principal & Interest (monthly)$19,354.98
Additional monthly expenses (strata, tax, utilities, etc.)$742.05
Total monthly cost$20,097.03
Interest paid over 5-yr term$859,808.62
Balance at end of term$2,698,509.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$750,000
Stress test qualifying rate8.09%
Payment you must qualify for$23,068.95

Cash Needed at Closing

Minimum down payment$750,000
Estimated BC PTT$105,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$857,000

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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