Property Type: Detached HouseOwnership: Freehold

711 Wells Rd

Saanich, BC V8Y1R6

$925,000

4 bed3 bath2 parking1,888 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Lot size
9,016 square feet
Zoning
Agricultural

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,956.86

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
StorageLower level4'2 x 19'11
KitchenLower level6'11 x 9'5
Dining roomLower level9'9 x 6'8
BathroomLower level3-Piece
BedroomLower level8'7 x 12'6
Living roomLower level11'0 x 12'1
EnsuiteMain level4-Piece
Primary BedroomMain level9'10 x 14'9
BedroomMain level9'10 x 11'10
BathroomMain level3-Piece
Dining roomMain level11'7 x 16'9
KitchenMain level9'2 x 12'2
BedroomMain level9'0 x 9'9
Living roomMain level26'3 x 12'11

Listing Information

MLS®
1047076
Listed
August 18, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Welcome to this charming Cordova Bay home, offering flexible living space, beautiful gardens, and lovely views toward the water and mountains. The main level features three bedrooms and two bathrooms, with a bright and spacious living room where large windows frame the outlook, and a cozy wood stove adds warmth and character. The adjoining dining area and kitchen create a comfortable everyday layout, while the expansive deck provides a wonderful spot to relax, entertain, and enjoy the view. The lower level offers additional versatility with its own exterior entrance, bedroom, bathroom, kitchen, and living area - ideal for extended family, guests, or a variety of other uses. Outside, mature landscaping and colourful gardens surround the home, complemented by a greenhouse, workshop, sheds, patio areas, and plenty of storage. Conveniently located in Cordova Bay with easy access to nearby amenities, beaches, parks, and everything this fantastic neighbourhood has to offer. (id:63159)

Values & Trends

This listing

$490/sqft

Building average

No other active listings in this building

Cordova Bay average

$746/sqft

30 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: 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

4

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/Middle1.1 km
Cordova Bay ElementaryElementary2.1 km
Claremont SecondarySecondary3.0 km
Keating ElementaryElementary3.1 km
Prospect Lake ElementaryElementary3.9 km
Lochside ElementaryElementary5.0 km
Stelly's SecondarySecondary5.1 km
Royal Oak Middle SchoolMiddle5.2 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 Road780 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.3% ($67,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$740,000.00
Periodic payment — Principal & Interest (monthly)$4,774.23
Additional monthly expenses (strata, tax, utilities, etc.)$423.74
Total monthly cost$5,197.97
Interest paid over 5-yr term$212,086.13
Balance at end of term$665,632.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$67,500
Stress test qualifying rate8.09%
Payment you must qualify for$6,593.87

Cash Needed at Closing

Minimum down payment$67,500
Estimated BC PTT$16,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$85,500

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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