466 Meredith Rd
Mill Bay, BC V0R2P3
$7,000,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 9.22 acres
- Zoning
- Residential
RR-3A
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $20,393.09
Interior
- Heating
- Heat Pump, Heat Recovery Ventilation (HRV), Electric, Propane, Hot Water, Other, Geo Thermal
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Family room | Lower level | 17' x 17' |
| Bedroom | Lower level | 10' x 13' |
| Bedroom | Lower level | 12' x 11' |
| Bedroom | Lower level | 21' x 11' |
| Laundry room | Main level | 8' x 8' |
| Laundry room | Lower level | 5' x 9' |
| Office | Main level | 10' x 13' |
| Family room | Main level | 15' x 17' |
| Ensuite | Main level | 4-Piece |
| Bathroom | Main level | 2-Piece |
| Bathroom | Lower level | 3-Piece |
| Primary Bedroom | Main level | 15' x 21' |
| Kitchen | Main level | 16' x 18' |
| Dining room | Main level | 12' x 17' |
| Patio | Lower level | 10' x 11' |
| Living room | Main level | 15' x 21' |
| Patio | Main level | 32' x 9' |
| Patio | Lower level | 13' x 16' |
| Entrance | Main level | 11' x 9' |
Listing Information
- MLS®
- 1047637
- Listed
- August 26, 2026
- Time on market
- On the market for 5 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.
Description
This majestic oceanfront estate offers a rare combination of privacy, natural beauty and West Coast contemporary design, featuring a custom-designed main residence and elegant cottage overlooking the spectacular Saanich Inlet. Experience an unparalleled sense of peace as you travel down the private drive and enter more than 9 acres of awe-inspiring forest, home to towering fir trees and abundant natural beauty. Imagine enjoying your morning coffee in the warm sunshine, watching whales pass through the inlet, or strolling along your own private beach. Designed by renowned architect Will Peereboom, the main residence showcases exceptional craftsmanship, thoughtful design and energy efficiency throughout. Vaulted ceilings, exposed fir beams, radiant-floor heating, geothermal technology and a heat pump create a warm and comfortable environment year-round. The chef-inspired kitchen features granite countertops, a breakfast bar and seamless flow into the open-concept living spaces. The luxurious primary suite offers stunning views, a Jacuzzi tub, separate shower, dual sinks, walk-in closet and private balcony. Throughout the home, expansive windows frame breathtaking ocean and forest views, creating a spectacular connection with the surrounding landscape. The property also includes a three-car garage, elegant one bedroom cottage, barn and art studio, providing exceptional flexibility for family, guests, hobbies and creative pursuits. A truly remarkable property that must be experienced in person to appreciate its beauty, scale and serenity. An added advantage: Unlike properties within the CRD, properties in the CVRD are not subject to the Speculation and Vacancy Tax or the Additional Property Transfer Tax applicable to foreign entities and taxable trustees. (id:63159)
Values & Trends
This listing
$1,797/sqft
Building average
—
No other active listings in this building
Mill Bay average
$567/sqft
18 active listing(s)
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: Malahat
16°C
Mainly Clear
Humidity 73%
Wind S 6 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| George Bonner Elementary | Elementary | 2.3 km |
| Brentwood College(Independent) | Secondary | 2.5 km |
| Frances Kelsey Secondary | Secondary | 2.9 km |
| Ecole Cobble Hill Elementary | Elementary | 4.9 km |
| Evergreen Independent School(Independent) | Elementary | 5.4 km |
| Deep Cove Elementary | Elementary | 5.8 km |
| Shawnigan Lake(Independent) | Secondary | 7.9 km |
| St John's Preparatory Academy Shawnigan(Independent) | K-12 | 8.0 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.
School district: Cowichan (SD79)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.