5168 Santa Clara Ave
Saanich, BC V8Y1W4
$1,399,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.23 acres
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,429.89
Interior
- Heating
- Baseboard heaters, Oil, Wood, Other
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Lake view, Mountain view
Parking
- Total spaces
- 5
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Auxiliary Building | 3-Piece |
| Bedroom | Auxiliary Building | — |
| Living room | Auxiliary Building | — |
| Mud room | Main level | — |
| Kitchen | Auxiliary Building | — |
| Laundry room | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | 4-Piece |
| Ensuite | Main level | 3-Piece |
| Primary Bedroom | Main level | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1046295
- Listed
- August 6, 2026
- Time on market
- On the market for 25 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.
Description
Nestled among the trees in sought-after Cordova Bay, this 5-bedroom, 3-bathroom rancher offers a rare blend of comfort, privacy, and future potential on a spectacular 1.23-acre property. Enjoy beautiful views across Elk Lake and surrounding parkland—an ever-changing natural backdrop that can never be built on, preserving the peaceful outlook for years to come. A tree-lined driveway welcomes you into a lush landscape of mature gardens, fruit trees, and exceptional privacy. Designed for effortless single-level living, the home features hardwood floors, a functional open layout, and an updated kitchen that connects seamlessly to indoor and outdoor gathering spaces. Large windows fill the home with natural light while framing tranquil views in every season. Recent improvements include heated floors in the main bathroom, newer appliances, a newly installed main septic field, refreshed landscaping, and hydroseed. The sunny rear patio is perfect for entertaining and enjoying afternoon sun, while the front patio provides a peaceful spot for morning coffee. Adding tremendous flexibility is a beautifully finished detached 1-bedroom cottage/studio, ideal for guests, extended family, a home business, creative pursuits, or potential rental income. A separate detached art studio provides additional space to create, work, or retreat. With ample RV parking, room for gardens and recreation, and generous zoning, this property offers both immediate enjoyment and long-term opportunity. Rarely does a parcel of this size become available in Cordova Bay. Whether you're seeking a private family retreat, multi-generational living, income potential, or the opportunity to create a future legacy estate, the possibilities here are exceptional. Located just minutes from top-rated schools, beaches, trails, golf, shopping, and recreation, this is more than a home—it is a lifestyle property offering the perfect balance of privacy, nature, creativity, and convenience. (id:63159)
Values & Trends
This listing
$642/sqft
Building average
—
No other active listings in this building
Cordova Bay average
$741/sqft
30 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: 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
4
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
| School | Type | Distance |
|---|---|---|
| Lakeview Christian School(Independent) | Elementary/Middle | 805 m |
| Cordova Bay Elementary | Elementary | 1.1 km |
| Claremont Secondary | Secondary | 1.2 km |
| Lochside Elementary | Elementary | 3.3 km |
| Royal Oak Middle School | Middle | 3.4 km |
| Prospect Lake Elementary | Elementary | 3.6 km |
| Keating Elementary | Elementary | 4.9 km |
| Northridge Elementary | Elementary | 5.1 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)
- Sayward Hill Park · 750 Cordova Bay Road664 m
- Doumac Park721 m
- Beckton Park729 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($114,900) — 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.