Property Type: OtherOwnership: Freehold

656 Admirals Rd

Esquimalt, BC V9A4X9

$4,999,980

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Property Details

Property & Lot

Sub-type
Multi-Family
Lot size
0.69 acres
Zoning
Unknown

RM-4

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$18,398.39

Interior

Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view

Listing Information

MLS®
1015842
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.

Description

30,000 sq.ft. land assembly in Esquimalt core area designated ''High Density Residential'' in the 2018 Official Community Plan. The site comprises three legal lots with access from Admirals Road, Astle Street and Constance Avenue. The site is located at the doorstep of CFB Esquimalt (Naden) and a short walk to Esquimalt Town Centre. The site will offer ocean and mountain views from upper stories. Excellent access to arterial roads, transit and cycling infrastructure. 664 Admirals Road was recently rezoned by another property owner to permit a 12-story residential building. These three properties are being sold together for the published listing price: 656 Admirals Road - tenanted 13-suite residential apartment building (LOT 146 SUBURBAN LOT 43 ESQUIMALT DISTRICT PLAN 2854); 1300 Astle Street - tenanted 5-suite residential building, non-conforming use (LOT 147 SUBURBAN LOTS 43 & 44 ESQUIMALT DISTRICT PLAN 2854); 1312 Astle Street - tenanted 2-suite residential building (LOT F [DD C22222] SUBURBAN LOT 44 ESQUIMALT DISTRICT PLAN 2854). (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

Esquimalt average

$404/sqft

1 active listing(s)

Parking: Not indicatedStorage 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

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

52

7/9 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
Rockheights Middle SchoolElementary516 m
Ecole Macaulay ElementaryElementary1.1 km
Victor-BrodeurK-121.2 km
BeausoleilElementary1.2 km
Esquimalt High SchoolSecondary1.5 km
Victoria West ElementaryElementary2.2 km
Craigflower ElementaryElementary2.4 km
Shoreline Community Middle SchoolMiddle2.4 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

Restaurants (5+)

  • Benjamin's Cafe · 614B Grenville Avenue239 m
  • Syriana · 1258 Esquimalt Road271 m
  • Vietnam Garden Restaurant · 524 Admirals Road355 m
  • Kwao Thai Restaurant · 1207A Esquimalt Road432 m
  • Saigon Char-Broil Restaurant · 1205 Esquimalt Road440 m

Cafes (3)

  • Esquimalt Roasting Company · 505 Park Place340 m
  • Serious Coffee452 m
  • Serious Coffee537 m

Grocery (2)

  • Red Barn Market269 m
  • Country Grocer615 m

Parks (5+)

  • Unnamed182 m
  • Unnamed222 m
  • Naden Park224 m
  • Memorial Park351 m
  • Rockcrest Park367 m

Shopping (1)

  • Canex120 m

Gyms (1)

  • Esquimalt Recreation Centre · 527 Fraser Street541 m

Pharmacies (1)

  • Pharmasave646 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($999,996) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,999,984.00
Periodic payment — Principal & Interest (monthly)$25,806.54
Additional monthly expenses (strata, tax, utilities, etc.)$1,533.20
Total monthly cost$27,339.74
Interest paid over 5-yr term$1,146,406.91
Balance at end of term$3,597,998.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$999,996
Stress test qualifying rate8.09%
Payment you must qualify for$30,758.48

Cash Needed at Closing

Minimum down payment$999,996
Estimated BC PTT$167,999
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,169,495

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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