Property Type: Detached HouseOwnership: Freehold

4958 Del Monte Ave

Saanich, BC V8Y3A2

$1,275,000

3 bed2 bath2 parking1,916 sqftBuilt 1987
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Property Details

Property & Lot

Sub-type
House
Lot size
10,020 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,822.17

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
EnsuiteMain level4-Piece
Laundry roomMain level7'10 x 8'11
Primary BedroomMain level12'2 x 14'7
BedroomMain level12'4 x 10'1
BedroomMain level12'4 x 10'2
Family roomMain level16'2 x 12'11
Dining nookMain level7'9 x 8'3
KitchenMain level9'11 x 10'9
Dining roomMain level11'4 x 14'1
Living roomMain level14'3 x 18'0

Listing Information

MLS®
1043931
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

This warm and inviting 3-Bedroom, 2-Bathroom rancher offers over 1,900 sq. ft. of comfortable one-level living in Cordova Bay. The functional layout features an updated kitchen with new countertops, refrigerator and dishwasher. It opens naturally to the eating nook and spacious family room. A separate living room and formal dining area provide plenty of space for entertaining, while two gas fireplaces make the home feel especially cozy. Several thoughtful updates have been completed, including new skylights, flooring and carpeting, interior paint, updates to the ensuite, and more. The large deck overlooks the phenomenal west-facing backyard and established garden, complete with a wonderful variety of fruit trees. Additional features include a charming front courtyard, gas heating, generous storage and a large double garage. All of this is set in a fantastic Cordova Bay location, close to the ocean, schools, parks, and convenient routes for getting around town. (id:63159)

Values & Trends

This listing

$665/sqft

Building average

No other active listings in this building

Cordova Bay average

$741/sqft

30 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)

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 SecondarySecondary252 m
Cordova Bay ElementaryElementary1.5 km
Lakeview Christian School(Independent)Elementary/Middle2.0 km
Lochside ElementaryElementary2.1 km
Royal Oak Middle SchoolMiddle2.4 km
St. Margaret's(Independent)K-124.0 km
Prospect Lake ElementaryElementary4.2 km
Lake Hill ElementaryElementary4.2 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)

  • Claremont-Goddard Park · 764 Haliburton Road108 m
  • Story Lane Park444 m
  • Doumac Park794 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($102,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,020,000.00
Periodic payment — Principal & Interest (monthly)$6,580.69
Additional monthly expenses (strata, tax, utilities, etc.)$664.51
Total monthly cost$7,245.21
Interest paid over 5-yr term$292,334.93
Balance at end of term$917,493.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$102,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,016.11

Cash Needed at Closing

Minimum down payment$102,500
Estimated BC PTT$23,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$127,500

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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