Property Type: Detached HouseOwnership: Freehold

6860 Mark Lane

Central Saanich, BC V9E2A1

$1,149,000

3 bed3 bath4 parking2,145 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Lot size
6,447 square feet
Zoning
Rural residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,260.85

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
4 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
EnsuiteMain level3-Piece
BathroomLower level4-Piece
BathroomMain level4-Piece
StorageLower level10'3 x 13'3
Recreation roomLower level15'9 x 21'8
Family roomLower level16'5 x 17'5
BedroomMain level9'3 x 13'4
BedroomMain level10'3 x 12'2
Primary BedroomMain level12'3 x 12'9
KitchenMain level9'2 x 10'3
Dining roomMain level9'2 x 15'4
Living roomMain level16'9 x 17'5

Listing Information

MLS®
1036574
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

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

Description

WATERFRONT WILLIS POINT HOME. Incredible opportunity to own a piece of Willis Point real estate with breathtaking ocean views. Perched to capture warm west-facing sunsets over the Saanich Inlet, this 1970-built home offers sweeping water views, exceptional privacy, and a rare chance to create something truly special in one of the Peninsula’s most sought-after coastal communities. The existing 3 bed, 3 bath home features large picture windows that frame the ocean while filling the home with natural light. The home could benefit from updating, the true value is in the land and it’s own boathouse. This is an ideal opportunity to build equity through renovation, hold as an investment, or design and build your dream ocean-view residence. Enjoy the tranquility of rural coastal living while remaining within easy reach of city amenities. With unobstructed views, year-round sunsets, and the added benefit of being outside the BC Speculation Tax area, this property offers a lifestyle that feels worlds away. (id:63159)

Values & Trends

This listing

$536/sqft

Building average

No other active listings in this building

Willis Point average

$625/sqft

5 active listing(s)

Parking: 4 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 (Hartland)

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,385

(2021 Census)

+3.4% since 2016

Density: 422/km²

Dwellings: 7,621

Median household income: $103,000

After-tax: $90,000

Immigrant population: 16.2%

Top countries of origin (% of total population)

  • United Kingdom5.3% · 920
  • United States of America1.6% · 280
  • India0.9% · 165
  • Philippines0.9% · 160
  • Germany0.9% · 150
  • Netherlands0.7% · 120
  • South Africa, Republic of0.6% · 110
  • China0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Bayside Middle SchoolMiddle2.9 km
Brentwood ElementaryElementary3.4 km
Stelly's SecondarySecondary4.5 km
SD 63 Individual Learning CentreSecondary5.4 km
Keating ElementaryElementary6.6 km
Prospect Lake ElementaryElementary6.7 km
ḰELSET ElementaryElementary8.1 km
Lakeview Christian School(Independent)Elementary/Middle8.9 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,200.00
Periodic payment — Principal & Interest (monthly)$5,930.37
Additional monthly expenses (strata, tax, utilities, etc.)$462.07
Total monthly cost$6,392.44
Interest paid over 5-yr term$263,445.36
Balance at end of term$826,823.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,144.11

Cash Needed at Closing

Minimum down payment$89,900
Estimated BC PTT$20,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,380

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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