Property Type: Detached HouseOwnership: Freehold

4950 Lochside Dr

Saanich, BC V8Y2E4

$1,149,000

3 bed2 bath3 parking1,918 sqftBuilt 1974
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Westcoast
Lot size
0.53 acres
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,147.29

Interior

Heating
Baseboard heaters, Forced air, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (2)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

View
Mountain view, Ocean view
Lot features
Private setting, Wooded area, Irregular lot size, Other

Building

Parcel ID (PID)
005-771-889

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
PatioOther11'1 x 24'6
BedroomMain level11'3 x 8'7
BathroomMain level4-Piece
BedroomMain level11'3 x 11'6
Living roomMain level14'5 x 18'4
Dining roomMain level14'5 x 13'4
KitchenMain level14'5 x 11'3
Laundry roomMain level7'11 x 11'7
EnsuiteMain level5-Piece
Primary BedroomMain level11'11 x 13'4
Family roomMain level13'7 x 16'7
EntranceLower level5'10 x 4'1

Listing Information

MLS®
1044959
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 31, 2026

Listing provided by: The Agency · Data source: CREA DDF.

Description

Tucked away in a private, lush setting, this rancher feels like a step back in time, offering a retro charm that is increasingly hard to find. Whether you are inspired to preserve its character or reimagine it to suit your own style, the potential here is clear. With ocean views from numerous rooms, it is a home full of opportunity. The traditional layout includes three bedrooms and two bathrooms. The spacious kitchen offers generous counter space and storage, while the separate dining room opens to an east-facing deck where you can enjoy morning light and ocean views. A double-sided brick fireplace connects the dining and living rooms, adding warmth and continuity. The living room features a large bay window that fills the space with natural light. Privately set from the secondary bedrooms, the primary suite includes a five-piece ensuite. The family room features a vaulted wood ceiling, exposed wood beams and a corner wood-burning fireplace, creating a warm and inviting space to relax or gather. Additional features include a large laundry room, private patio, carport and long driveway. Set back from the road and surrounded by mature greenery, the property feels peaceful yet remains close to everyday amenities. Located in sought-after Cordova Bay, you are near well-regarded schools, Mattick’s Farm, Cordova Bay Golf Course, Mount Douglas Park and Elk/Beaver Lake. Broadmead Village is just a short drive away. A special property in a beautiful setting, ready for its next chapter. (id:63159)

Values & Trends

This listing

$599/sqft

Building average

No other active listings in this building

Cordova Bay average

$743/sqft

30 active listing(s)

Parking: 3 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

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
Claremont SecondarySecondary627 m
Cordova Bay ElementaryElementary1.5 km
Lochside ElementaryElementary1.6 km
Lakeview Christian School(Independent)Elementary/Middle2.4 km
Royal Oak Middle SchoolMiddle2.8 km
St. Margaret's(Independent)K-123.8 km
Lake Hill ElementaryElementary4.0 km
Northridge ElementaryElementary4.5 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+)

  • Cordova Bay Park267 m
  • Doris Page Park271 m
  • Sea Ridge Park322 m
  • Unnamed575 m
  • Grant Park644 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$691.61
Total monthly cost$6,621.97
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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