Property Type: Land / LotOwnership: Strata

805 Yole Pl

Saanich, BC V8Y3B1

$1,198,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
8,728 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$76/mo
Annual property tax
$4,669

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view

Parking

Total spaces
4

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
1033485
Listed
April 25, 2026
Time on market
On the market for 128 days
Data last synced
August 28, 2026

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

Description

BUILD YOUR DREAM! Perched majestically atop Cordova Ridge, this 8,728sf building lot presents an unparalleled opportunity to create your own piece of paradise. Marvel at the panoramic views of Mt Baker, the San Juans, and the glistening ocean from a lofty elevation of approximately 300ft above sea level. Embrace the art of sophisticated living with an energy-efficient, tranquil passive house design that seamlessly integrates with the surrounding landscape. Envision a 3,900sf architectural masterpiece with a secondary suite, meticulously designed to cater to your every need. Delight in the convenience of a serviced lot featuring exclusive subdivision strata amenities like a car share with EV charger and a shared well for exterior purposes. Embrace a lifestyle of luxury and tranquility at this innovative BeeSpot neighborhood, surrounded by great schools, premier golf courses, sandy beaches, trails, nature and lakes, all just moments away. Planning work has already been completed in survey, archaeological and Geotech. GST is not applicable. (id:63159)

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

22

3/9 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
Cordova Bay ElementaryElementary567 m
Lakeview Christian School(Independent)Elementary/Middle958 m
Claremont SecondarySecondary1.1 km
Lochside ElementaryElementary3.1 km
Royal Oak Middle SchoolMiddle3.6 km
Prospect Lake ElementaryElementary4.2 km
Keating ElementaryElementary5.0 km
St. Margaret's(Independent)K-125.1 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.

Nearby Places

Cafes (1)

  • Adriennes Tea Garden487 m

Parks (5+)

  • Beckton Park161 m
  • Sayward Hill Park · 750 Cordova Bay Road423 m
  • Sayward Hill Park439 m
  • Doumac Park455 m
  • Mattick's Wood Park533 m

Pharmacies (2)

  • IDA677 m
  • IDA · 5166 Cordova Bay Road677 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$958,400.00
Periodic payment — Principal & Interest (monthly)$6,183.27
Additional monthly expenses (strata, tax, utilities, etc.)$465.08
Total monthly cost$6,648.35
Interest paid over 5-yr term$274,680.19
Balance at end of term$862,083.90

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,800
Stress test qualifying rate8.09%
Payment you must qualify for$8,483.22

Cash Needed at Closing

Minimum down payment$94,800
Estimated BC PTT$21,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,260

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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