Property Type: Detached HouseOwnership: Freehold

701 Madrona Pl

Langford, BC V9B6C6

$1,499,900

4 bed4 bath2 parking2,869 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
House
Lot size
5,168 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Heating
Heat Pump, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
KitchenMain level
BedroomMain level
Living roomAdditional Accommodation
BathroomMain level4-Piece
BathroomLower level2-Piece
EnsuiteMain level5-Piece
BedroomMain level
BedroomMain level
Primary BedroomMain level
OfficeLower level
Living room/Dining roomLower level
Eating areaLower level
KitchenLower level
EntranceLower level

Listing Information

MLS®
1042154
Listed
July 11, 2026
Time on market
On the market for 52 days
Data last synced
August 28, 2026

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

Description

Looking for a stunning new home on an easy care lot? Built by a builder with a long history of delivering top quality homes.? Make this one a must see. Approx 3272 sq feet including roomy 1 bed suite with a side entry & sep heat & cooling. Features include heated tile floors in ensuite & main bathroom, quartz counter tops (waterfall on Island), deluxe cabinets with Bosch built in oven, hidden Elise fridge, fenced easy care back yard & gas fireplace in living room. Roughed in Vacum system. Wired for security ststem. Both ensuite and main bath feature floor to cieling tiled showers. Ensuite also has free standing tub, heated floor, 3ft high tiled splash wall, quart counters and raised sinks. The 1 bedroom suite with a separate side entry is almost as nicely finished as the main and has separate heat pump and elec. meter to provide a top rent.Too many featues to list in this home. Easy appts. Book one today. (id:63159)

Values & Trends

This listing

$523/sqft

Building average

No other active listings in this building

Thetis Heights average

$404/sqft

1 active listing(s)

Parking: 2 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: Esquimalt

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

46,584

(2021 Census)

+31.8% since 2016

Density: 1,124.4/km²

Dwellings: 19,968

Median household income: $93,000

After-tax: $82,000

Immigrant population: 15.8%

Top countries of origin (% of total population)

  • United Kingdom2.5% · 1,165
  • Philippines2.2% · 1,005
  • India1.4% · 655
  • United States of America1.1% · 520
  • China0.8% · 380
  • Korea, South0.5% · 230
  • Viet Nam0.4% · 170
  • Germany0.4% · 165

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
Millstream ElementaryElementary656 m
Lakewood ElementaryElementary899 m
Ruth King ElementaryElementary2.2 km
Crystal View ElementaryElementary2.6 km
Spencer Middle SchoolMiddle2.6 km
Savory ElementaryElementary2.8 km
David Cameron ElementaryElementary3.2 km
Belmont SecondaryElementary4.0 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 (5+)

  • Goldie Park383 m
  • Unnamed493 m
  • Unnamed621 m
  • Bellamy Park731 m
  • Lake Ida Ann Park769 m

Nearby places data: © OpenStreetMap contributors.

School district: Sooke (SD62)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,920.00
Periodic payment — Principal & Interest (monthly)$7,741.48
Additional monthly expenses (strata, tax, utilities, etc.)$143.00
Total monthly cost$7,884.48
Interest paid over 5-yr term$343,900.52
Balance at end of term$1,079,331.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,990
Stress test qualifying rate8.09%
Payment you must qualify for$10,572.58

Cash Needed at Closing

Minimum down payment$124,990
Estimated BC PTT$27,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,488

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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