5200 Polson Terr
Saanich, BC V8Y2C6
$1,875,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 13,950 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,308.39
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | — |
| Bedroom | Second level | — |
| Bathroom | Second level | 5-Piece |
| Balcony | Second level | — |
| Bathroom | Second level | 4-Piece |
| Primary Bedroom | Second level | — |
| Family room | Main level | — |
| Kitchen | Main level | — |
| Dining nook | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Bathroom | Main level | 2-Piece |
| Laundry room | Main level | — |
| Bedroom | Main level | — |
| Patio | Main level | — |
| Patio | Lower level | — |
| Bathroom | Lower level | 3-Piece |
| Bedroom | Lower level | — |
| Entrance | Lower level | — |
Listing Information
- MLS®
- 1036849
- Listed
- June 1, 2026
- Time on market
- On the market for 91 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
Breath taking Ocean Views!! Welcome to the crown jewel of Cordova Bay… where timeless European elegance meets the stunning natural beauty of Vancouver Island. For the very first time, this cherished family estate is being offered to the market. Lovingly built and maintained by its original Italian owners, every corner of this home radiates pride, craftsmanship, and care. Wake up each morning to unobstructed views of Mount Baker and Haro Strait, stretching endlessly from your full-length, east-facing balconies. Inside, nearly 3,000 square feet of classic design invites you to gather around cozy fireplaces, entertain in elegant spaces, and create your own legacy within these walls. Outside, over 1,000 sqft of patios, koi ponds, and lush landscaping create a tranquil, resort-like retreat—set atop a peaceful hill that offers unmatched serenity and privacy. This isn’t just a home. It’s a rare opportunity to own a piece of Cordova Bay’s soul—gracefully elevated, and rich with story. (id:63159)
Values & Trends
This listing
$648/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
22
3/9 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 |
|---|---|---|
| Cordova Bay Elementary | Elementary | 508 m |
| Lakeview Christian School(Independent) | Elementary/Middle | 1.0 km |
| Claremont Secondary | Secondary | 1.1 km |
| Lochside Elementary | Elementary | 3.1 km |
| Royal Oak Middle School | Middle | 3.6 km |
| Prospect Lake Elementary | Elementary | 4.3 km |
| Keating Elementary | Elementary | 5.0 km |
| St. Margaret's(Independent) | K-12 | 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
Cafes (1)
- Adriennes Tea Garden470 m
Parks (5+)
- Beckton Park120 m
- Doumac Park424 m
- Sayward Hill Park426 m
- Sayward Hill Park · 750 Cordova Bay Road472 m
- Catalina Park474 m
Pharmacies (2)
- IDA · 5166 Cordova Bay Road603 m
- IDA603 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($375,000) — 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.