Property Type: Detached HouseOwnership: Freehold

8425 Lochside Dr

Central Saanich, BC V8M1T9

$4,850,000

4 bed4 bath6 parking3,714 sqftBuilt 2022
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
1.09 acres
Zoning
Residential

RE-2

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$20,254.24

Interior

Heating
Heat Pump, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (4)
Appliances
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Acreage, Level lot, Private setting, Other, Rectangular

Building

Parcel ID (PID)
001-199-021

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
Unfinished RoomOther
StorageOther
BathroomMain level2-Piece
Laundry roomSecond level
BathroomSecond level5-Piece
BedroomSecond level
BedroomSecond level
BalconySecond level
BedroomSecond level
EnsuiteSecond level5-Piece
Primary BedroomSecond level
BathroomMain level2-Piece
PatioMain level
PatioMain level
PatioMain level
PatioMain level
DenMain level
Mud roomMain level
Living roomMain level
PantryMain level
KitchenMain level
Dining roomMain level
Family roomMain level
EntranceMain level

Listing Information

MLS®
1036937
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 29, 2026

Listing provided by: The Agency · Data source: CREA DDF.

Description

Set on 1.09 acres of waterfront, this exceptional residence offers over 3,700 sq ft of thoughtfully designed living with panoramic ocean views framed by expansive floor-to-ceiling windows. Oversized sliding doors create seamless indoor/outdoor living, opening to beautifully landscaped grounds, expansive patios, a two outdoor fireplaces, and hot tub. The open-concept main level is anchored by a stunning chef’s kitchen featuring custom wood cabinetry, oversized marble island, Wolf and Sub-Zero appliances, walk-in pantry, and generous dining and living spaces filled w/natural light. A custom wine room, den, guest suite and detached garage add to the home’s impressive functionality and design. Upstairs offers 4 bedrooms, including a stunning primary retreat with sweeping water views, walk-in closet, and spa-inspired ensuite. This is a rare waterfront offering that perfectly captures elevated West Coast living. (id:63159)

Values & Trends

This listing

$1,306/sqft

Building average

No other active listings in this building

Saanichton average

$621/sqft

8 active listing(s)

Parking: 6 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

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
ḰELSET ElementaryElementary2.4 km
SD 63 Individual Learning CentreSecondary2.8 km
Stelly's SecondarySecondary4.4 km
Sidney ElementaryElementary4.6 km
Keating ElementaryElementary4.8 km
Brentwood ElementaryElementary5.4 km
Bayside Middle SchoolMiddle6.1 km
North Saanich Middle SchoolMiddle6.2 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)

  • Fentress Park124 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($970,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$3,880,000.00
Periodic payment — Principal & Interest (monthly)$25,032.44
Additional monthly expenses (strata, tax, utilities, etc.)$1,873.85
Total monthly cost$26,906.30
Interest paid over 5-yr term$1,112,019.15
Balance at end of term$3,490,072.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$970,000
Stress test qualifying rate8.09%
Payment you must qualify for$29,835.84

Cash Needed at Closing

Minimum down payment$970,000
Estimated BC PTT$160,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$1,132,000

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.

Request more information