Property Type: Detached HouseOwnership: Freehold

5435 Fowler Rd

Saanich, BC V8Y1Y4

$2,400,000

5 bed6 bath10 parking4,679 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
House
Lot size
0.72 acres
Zoning
Residential

A-1 RURAL

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$8,534.23

Interior

Heating
Heat Pump, Baseboard heaters, Forced air, Electric, Wood
Cooling / A/C
Fully air conditioned
Fireplace
None

Parking

Total spaces
10

Room Dimensions

RoomLevelDimensions
PatioMain level
BathroomAuxiliary Building2-Piece
WorkshopSecond level
KitchenAuxiliary Building
WorkshopMain level
BathroomAuxiliary Building2-Piece
Living roomAuxiliary Building
BathroomAdditional AccommodationX
BalconyMain level
Dining roomAdditional Accommodation
KitchenAdditional Accommodation
Living roomAdditional Accommodation
BedroomAdditional Accommodation
BedroomAdditional Accommodation
Laundry roomMain level
BathroomAdditional AccommodationX
BedroomAdditional Accommodation
Living roomAdditional Accommodation
KitchenAdditional Accommodation
Laundry roomMain level
BathroomMain level3-Piece
DenMain level
BedroomMain level
EnsuiteMain level3-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1044286
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.

Description

Attention home-based-business owners, artists, hobbyists, and all those looking for some elbow room in the city, with space for a variety of pursuits! This unique Cordova Bay 0.7 acre property comes with a beautifully-maintained Cape Cod 3BR/2bath rancher, an attached 1BR and a 2BR suite for extra income, two double garages, two separate workshops (one of which has a loft), a standalone detached cabin or artists workshop, and plenty of space for parking including a separate RV/boat parking area. Backing onto the Lochside Trail, you will feel the serenity of the spacious backyard and multiple outdoor spaces for the main house, and both suites, to enjoy without tripping over each other. This would be a perfect multi-generational property, or use the 2 income suites as mortgage helpers with full time tenants that are eager to remain in place. Plenty of space for your home-based-business as well. Don't miss your opportunity to come and see this extremely rare offering! (id:63159)

Values & Trends

This listing

$513/sqft

Building average

No other active listings in this building

Cordova Bay average

$746/sqft

30 active listing(s)

Parking: 10 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/Middle668 m
Cordova Bay ElementaryElementary1.2 km
Claremont SecondarySecondary2.2 km
Keating ElementaryElementary4.0 km
Lochside ElementaryElementary4.2 km
Prospect Lake ElementaryElementary4.3 km
Royal Oak Middle SchoolMiddle4.6 km
Stelly's SecondarySecondary6.1 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)

  • Fowler Park · 5459 Fowler Road262 m
  • Lochside Park268 m
  • Sayward Hill Park · 750 Cordova Bay Road678 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($480,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,920,000.00
Periodic payment — Principal & Interest (monthly)$12,387.19
Additional monthly expenses (strata, tax, utilities, etc.)$945.19
Total monthly cost$13,332.37
Interest paid over 5-yr term$550,277.52
Balance at end of term$1,727,046.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$480,000
Stress test qualifying rate8.09%
Payment you must qualify for$14,764.13

Cash Needed at Closing

Minimum down payment$480,000
Estimated BC PTT$50,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$531,500

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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