5489 Forest Hill Rd
Saanich, BC V9E2A8
$3,699,800
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 5.24 acres
- Zoning
- Residential
A-1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,126.07
Interior
- Heating
- Forced air
- Cooling / A/C
- See Remarks
- Fireplace
- Yes (1)
Parking
- Total spaces
- 10
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Auxiliary Building | 7'7 x 9'6 |
| Other | Auxiliary Building | 12'9 x 6'9 |
| Other | Auxiliary Building | 12'1 x 12'9 |
| Other | Auxiliary Building | 20'10 x 15'4 |
| Other | Auxiliary Building | 21'3 x 24'6 |
| Bedroom | Auxiliary Building | 10'9 x 11'6 |
| Bathroom | Auxiliary Building | 4-Piece |
| Other | Auxiliary Building | 4'1 |
| Primary Bedroom | Auxiliary Building | 9'9 x 16'4 |
| Bathroom | Auxiliary Building | 2-Piece |
| Dining room | Auxiliary Building | 8'1 |
| Kitchen | Auxiliary Building | 9'9 |
| Living room | Auxiliary Building | 17'8 |
| Bedroom | Lower level | 14'9 |
| Laundry room | Lower level | 6'3 x 8'4 |
| Bathroom | Lower level | 4-Piece |
| Kitchen | Lower level | 19'6 |
| Entrance | Lower level | — |
| Storage | Lower level | 17'2 x 11'8 |
| Ensuite | Main level | 3-Piece |
| Bedroom | Main level | 11'8 x 14'2 |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | 18'6 |
| Ensuite | Main level | 4-Piece |
| Bedroom | Main level | 12'7 |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | 11'1 |
| Family room | Main level | 16'2 x 23'3 |
| Laundry room | Main level | 9'6 x 8'2 |
| Bathroom | Main level | 2-Piece |
| Kitchen | Main level | 19'3 x 19'9 |
| Dining room | Main level | 15'8 x 11'5 |
| Living room | Main level | 19'3 x 16'3 |
| Entrance | Main level | 14'8 x 7'10 |
Listing Information
- MLS®
- 1026282
- Listed
- May 8, 2026
- Time on market
- On the market for 115 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Camosun · Data source: CREA DDF.
Description
A Legacy Estate Overlooking Elk Lake—First Time Offered in Over 35 Years Some properties don’t just house families—they nurture generations. This extraordinary 5.23-acre estate, with dual access from Forest Hill and Doyle Road, is one of those rare places. Overlooking Elk Lake with sweeping views to the Olympic Mountains, it’s a cherished landscape of established orchards, abundant fruit and nut trees, terraced vegetable gardens, and gently sloping fields where animals have roamed freely for decades. Trails lead down through the trees to lakefront pathways, inviting connection with nature at every turn. The main residence is over 3,000 sq.ft. of thoughtfully designed one-level living, with four bedrooms each featuring its own ensuite. Every window frames a view of the land that has been so lovingly tended. The heart of the home—a spacious kitchen and family room—flows to an expansive outdoor deck with a handcrafted brick forno oven, evoking long European summer evenings and memorable family gatherings. Downstairs, a walk-out one-bedroom suite offers independent space with its own entrance and outdoor patio. A second home—perfect for extended family, guests, or caretakers—features 2 to 3 bedrooms and its own double garage. Rarely do properties like this come to market. Held in the same family for over 35 years, this is more than a home. It’s a story waiting to be continued, a place to plant roots and create lasting memories for generations to come. (id:63159)
Values & Trends
This listing
$697/sqft
Building average
—
No other active listings in this building
West Saanich average
$561/sqft
1 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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Prospect Lake Elementary | Elementary | 1.8 km |
| Lakeview Christian School(Independent) | Elementary/Middle | 1.8 km |
| Claremont Secondary | Secondary | 2.8 km |
| Cordova Bay Elementary | Elementary | 3.0 km |
| Royal Oak Middle School | Middle | 3.8 km |
| Keating Elementary | Elementary | 4.6 km |
| Lochside Elementary | Elementary | 4.7 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.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($739,960) — 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.