Property Type: Detached HouseOwnership: Freehold

4916 Lochside Dr

Saanich, BC V8Y2E4

$2,185,000

5 bed5 bath10 parking4,361 sqftBuilt 1967
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Property Details

Property & Lot

Sub-type
House
Lot size
1.27 acres
Zoning
Residential

RS-18

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$12,721

Interior

Heating
Baseboard heaters, Oil, Electric, Hot Water, Other
Cooling / A/C
None
Fireplace
Yes (3)

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
KitchenAuxiliary Building8'0 x 12'9
Living roomAuxiliary Building17'6 x 13'6
Living roomAdditional Accommodation13'0 x 15'0
KitchenAdditional Accommodation9'9 x 15'3
Recreation roomLower level17'2 x 17'5
Laundry roomMain level8'11 x 8'3
KitchenMain level10'2 x 9'6
OfficeMain level8'11 x 10'2
Eating areaMain level9'11 x 9'11
Dining roomMain level12'8 x 10'10
Living roomMain level24'0 x 11'6
BathroomAuxiliary Building3-Piece
BathroomAuxiliary Building3-Piece
BedroomAuxiliary Building9'0 x 11'1
BathroomAdditional AccommodationX
BedroomAdditional Accommodation13'0 x 11'9
BathroomMain level4-Piece
EnsuiteMain level3-Piece
BedroomMain level10'0 x 9'7
BedroomMain level10'9 x 11'4
Primary BedroomMain level11'9 x 14'3
EntranceMain level8'6 x 10'8

Listing Information

MLS®
1041801
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

This custom-built 1967 home was thoughtfully designed to take full advantage of the property's stunning views and exceptional setting. Whether you choose to renovate, redecorate or build your dream home, this is a truly unique estate property offering endless possibilities. Set on a private 1.27-acre panhandle lot in sought-after Cordova Bay, it combines ocean views, outstanding privacy and an unbeatable location just a short walk to the beach, McMinn Park and Broadmead. Properties like this are exceptionally rare. Perched on a gently sloping site, the main residence offers over 2,300 sq.ft. on the main level with 3 bedrooms, 2 bathrooms, and spacious living, dining and kitchen areas designed to frame sweeping views toward Mt. Baker. The 1,600 sq.ft. lower level includes an in-law suite with a separate entrance plus a large rec room for the main home. A hobbyist's dream, the property features a double garage with an attached garden room, a large detached workshop on the former horse paddock, abundant storage throughout, and a separate 1-bedroom guest cottage tucked privately among the beautiful treed upper portion of the property. Multiple accessory buildings provide excellent opportunities for a home-based business, studio, workshop or private office. Outdoor enthusiasts and gardeners will appreciate the established garden areas, greenhouse, mature trees and peaceful natural surroundings, creating a private retreat unlike any other. There's even a fenced tennis or sport court, while the expansive grounds still leave ample space to further customize the property to suit your lifestyle. A rare opportunity to own a private acreage where you can enjoy the existing improvements, create your ideal family estate, or design and build your forever home in one of Victoria's most desirable neighbourhoods. (id:63159)

Values & Trends

This listing

$501/sqft

Building average

No other active listings in this building

Cordova Bay average

$746/sqft

30 active listing(s)

Parking: 10 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

11

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
Claremont SecondarySecondary662 m
Lochside ElementaryElementary1.5 km
Cordova Bay ElementaryElementary1.6 km
Lakeview Christian School(Independent)Elementary/Middle2.5 km
Royal Oak Middle SchoolMiddle2.7 km
St. Margaret's(Independent)K-123.6 km
Lake Hill ElementaryElementary3.9 km
Northridge ElementaryElementary4.4 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+)

  • Sea Ridge Park196 m
  • Cordova Bay Park393 m
  • Doris Page Park397 m
  • Grant Park516 m
  • Unnamed622 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($437,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,748,000.00
Periodic payment — Principal & Interest (monthly)$11,277.50
Additional monthly expenses (strata, tax, utilities, etc.)$1,278.08
Total monthly cost$12,555.59
Interest paid over 5-yr term$500,981.82
Balance at end of term$1,572,331.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$437,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,441.51

Cash Needed at Closing

Minimum down payment$437,000
Estimated BC PTT$43,550
Legal / closing costs (typical estimate)$1,500
Total cash needed$482,050

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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