Property Type: Detached HouseOwnership: Freehold

4592 Bonnieview Pl

Saanich, BC V8N3V6

$2,799,000

4 bed3 bath2 parking2,235 sqftBuilt 1959
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
1.12 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$10,805.05

Interior

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

Exterior & Lot

View
Mountain view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
BedroomMain level8' x 11'
BedroomMain level11' x 13'
EnsuiteMain level4-Piece
BathroomSecond level4-Piece
BathroomMain level4-Piece
Primary BedroomSecond level10' x 11'
Primary BedroomMain level14' x 14'
KitchenSecond level8' x 9'
KitchenMain level10' x 20'
PatioMain level14' x 26'
Dining roomMain level10' x 11'
Living roomSecond level13' x 15'
Living roomMain level14' x 21'
EntranceMain level7' x 11'

Listing Information

MLS®
1041600
Listed
June 26, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty · Data source: CREA DDF.

Description

Rare 1.12-Acre Oceanfront Development Opportunity in Prestigious Gordon Head. An exceptional chance to secure one of Victoria’s most desirable high-bank waterfront properties. Tucked away at the end of a quiet cul-de-sac, this remarkable 48.814 sq ft oceanfront parcel offers sweeping, unobstructed views across the Haro Strait to the San Juan Islands and the snow-capped peaks of Mt. Baker, where the light changes constantly over ocean, islands, and sky. The existing residence is livable but is being offered primarily for land value, presenting a rare opportunity to reimagine and create a truly extraordinary coastal estate. The generous site provides excellent flexibility for a custom-designed luxury home oriented to maximize the dramatic ocean vistas, with potential for expansive outdoor living areas, terraced gardens, and a garden suite or secondary accommodation, subject to municipal approval. Current zoning may also suggest subdivision potential, offering additional long-term upside for investors and future planning (buyer to verify all redevelopment possibilities). This is a property defined by vision, patience, and possibility—a place where one can thoughtfully design and build a dream residence that becomes a true legacy home for generations to come. Morning light rises over the water, evenings fade into silhouettes of the San Juans, and every season brings a new expression of coastal beauty. Located just minutes from UVic, Mount Douglas Park, beaches, top schools, and everyday amenities, it offers an exceptional balance of privacy, nature, and convenience near the heart of Gordon Head. Opportunities of this calibre in such a tightly held waterfront enclave are exceedingly rare. A true legacy property where time slows, views expand, and potential is limited only by imagination. Bring your architect and create something remarkable. (id:63159)

Values & Trends

This listing

$1,252/sqft

Building average

No other active listings in this building

Gordon Head average

$599/sqft

27 active listing(s)

Parking: 2 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
Torquay ElementaryElementary767 m
Hillcrest ElementaryElementary1.0 km
ArtsCalibre Academy(Independent)Elementary/Middle1.4 km
Gordon Head Middle SchoolElementary1.5 km
Lambrick Park SecondarySecondary1.7 km
Maria Montessori Academy(Independent)Elementary2.2 km
Mount Douglas SecondarySecondary2.4 km
Arbutus Global Middle SchoolElementary2.6 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

Parks (5+)

  • Unnamed400 m
  • Balmacarra Park593 m
  • Unnamed615 m
  • Unnamed729 m
  • Vantreight Park788 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($559,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,239,200.00
Periodic payment — Principal & Interest (monthly)$14,446.56
Additional monthly expenses (strata, tax, utilities, etc.)$1,012.42
Total monthly cost$15,458.98
Interest paid over 5-yr term$641,761.16
Balance at end of term$2,014,167.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$559,800
Stress test qualifying rate8.09%
Payment you must qualify for$17,218.66

Cash Needed at Closing

Minimum down payment$559,800
Estimated BC PTT$61,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$623,270

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.

Request more information