Property Type: Detached HouseOwnership: Freehold

5470 Alderley Rd

Saanich, BC V8Y1X8

$1,789,000

5 bed4 bath8 parking2,346 sqftBuilt 1948
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Property Details

Property & Lot

Sub-type
House
Lot size
1 acres
Zoning
Residential

A1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,089.29

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
8

Room Dimensions

RoomLevelDimensions
BedroomMain level
BathroomMain level
KitchenMain level
Living roomMain level
PatioMain level
EntranceMain level
Living roomSecond level
KitchenSecond level
BathroomSecond level
EntranceSecond level
BedroomSecond level
Laundry roomMain level
KitchenMain level
Living roomMain level
BathroomMain level
BedroomMain level
BedroomMain level
BathroomMain level
Primary BedroomMain level
EntranceMain level

Listing Information

MLS®
1043904
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Your Cordova Bay rural property awaits, set on a beautiful 1-acre lot offering space to entertain & grow. Featuring a separate garden suite plus a studio above the double garage/workshop, private patio, each w/laundry & parking. Extensive quality updates throughout 4 bed/2 bath main house, incl. hardwd & tile flooring, wood accents, newer windows, updated kitchen w/S.S. appls, cozy living rm w/electric f/p, updated designer bathrms, new roof, new interlocking brick driveways, modern lighting, interior/exterior paint, heat pump with A/C and much more! Ideal separate workshop/garage & fenced yard. Located near excellent schools, Elk Lake, beaches, golf courses, Cordova Bay Village & the Galloping Goose Trail for biking to downtown Victoria BC. Red Barn Market, Matticks Farm, and much more close by. An amazing location to enjoy this lifestyle in a safe & popular community in Saanich East. (id:63159)

Values & Trends

This listing

$763/sqft

Building average

No other active listings in this building

Cordova Bay average

$737/sqft

30 active listing(s)

Parking: 8 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

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/Middle568 m
Cordova Bay ElementaryElementary1.7 km
Claremont SecondarySecondary2.5 km
Keating ElementaryElementary3.6 km
Prospect Lake ElementaryElementary3.9 km
Lochside ElementaryElementary4.5 km
Royal Oak Middle SchoolMiddle4.7 km
Stelly's SecondarySecondary5.6 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 (1)

  • Fowler Park · 5459 Fowler Road482 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($357,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,431,200.00
Periodic payment — Principal & Interest (monthly)$9,233.62
Additional monthly expenses (strata, tax, utilities, etc.)$707.77
Total monthly cost$9,941.39
Interest paid over 5-yr term$410,186.03
Balance at end of term$1,287,369.03

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$357,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,005.43

Cash Needed at Closing

Minimum down payment$357,800
Estimated BC PTT$33,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$393,080

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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