Property Type: Detached HouseOwnership: Freehold

5287 Santa Clara Ave

Saanich, BC V8Y1W6

$950,000

3 bed1 bath2 parkingBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Lot size
17,385 square feet
Zoning
Residential

A1- Rural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,675.33

Interior

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

Building

Parcel ID (PID)
005-431-352

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
KitchenMain level
BedroomMain level
BedroomMain level
BedroomMain level
BathroomMain level4-Piece

Listing Information

MLS®
1046521
Listed
August 11, 2026
Time on market
On the market for 20 days
Data last synced
August 31, 2026

Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.

Description

LAND VALUE OPPORTUNITY! Offered primarily for the value of the land, this property features a 1955-built home being sold “AS IS, WHERE IS.” The existing dwelling is in original/older condition and may require significant updating, renovation, or replacement. Buyers are advised to conduct their own due diligence regarding the condition of the home, zoning, development potential, permitted uses, and any future plans for the property. A great opportunity for builders, developers, investors, or buyers looking for a property with potential to create something new. Seller makes no representations or warranties regarding the condition, suitability, or future development potential of the property. All measurements and information are approximate and should be verified by the buyer. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Cordova Bay average

$738/sqft

31 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)

12°C

Humidity 89%

Wind NNW calm 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
Lakeview Christian School(Independent)Elementary/Middle285 m
Cordova Bay ElementaryElementary1.1 km
Claremont SecondarySecondary1.7 km
Lochside ElementaryElementary3.7 km
Prospect Lake ElementaryElementary3.8 km
Royal Oak Middle SchoolMiddle4.0 km
Keating ElementaryElementary4.4 km
Northridge ElementaryElementary5.7 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 Road376 m
  • Beckton Park760 m
  • Sayward Hill Park764 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($70,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$760,000.00
Periodic payment — Principal & Interest (monthly)$4,903.26
Additional monthly expenses (strata, tax, utilities, etc.)$472.94
Total monthly cost$5,376.21
Interest paid over 5-yr term$217,818.18
Balance at end of term$683,622.46

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$70,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.89

Cash Needed at Closing

Minimum down payment$70,000
Estimated BC PTT$17,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,500

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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