Property Type: Detached HouseOwnership: Freehold

8543 Lochside Dr

North Saanich, BC V8L1M5

$2,675,000

3 bed3 bath4 parking2,279 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Lot size
16,430 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,916.86

Interior

Heating
Heat Pump, Forced air, Electric, Propane
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BathroomOther3-Piece
EntranceOther
BedroomOther
PatioMain level
PatioMain level
PatioMain level
PatioMain level
BedroomLower level
BathroomLower level3-Piece
StorageLower level
EnsuiteMain level4-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1042771
Listed
July 10, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Ltd. (Sid) · Data source: CREA DDF.

Description

An exceptional opportunity to own an ultra-private low-bank waterfront retreat on prestigious Lochside Drive. Bordering a no-through road, this beautifully maintained property enjoys an uncommon level of privacy while offering panoramic views across Haro Strait to the Gulf Islands and spectacular sunrises. Thoughtfully designed for effortless main level living, the home features a spacious primary suite on the main and a walk-out lower level for family or guests. A detached waterfront studio/boathouse offers incredible flexibility as a home office, artist's studio or private retreat. Beautifully landscaped gardens lead to the shoreline, where excellent beach access invites kayaking, paddleboarding and endless seaside enjoyment. Complete with a detached double garage, heat pump with A/C, and just minutes from the shops, restaurants and marina in Sidney, this is a rare opportunity to experience West Coast waterfront living at its finest (id:63159)

Values & Trends

This listing

$1,174/sqft

Building average

No other active listings in this building

Bazan Bay average

$702/sqft

7 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

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

12,235

(2021 Census)

+8.8% since 2016

Density: 329.3/km²

Dwellings: 5,235

Median household income: $121,000

After-tax: $104,000

Immigrant population: 16.6%

Top countries of origin (% of total population)

  • United Kingdom6.8% · 830
  • United States of America1.6% · 195
  • Germany0.8% · 100
  • Netherlands0.8% · 100
  • India0.7% · 80
  • China0.5% · 60
  • South Africa, Republic of0.4% · 45
  • Hong Kong0.2% · 30

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
ḰELSET ElementaryElementary2.1 km
SD 63 Individual Learning CentreSecondary3.0 km
Sidney ElementaryElementary4.3 km
Stelly's SecondarySecondary4.6 km
Keating ElementaryElementary5.1 km
Brentwood ElementaryElementary5.6 km
North Saanich Middle SchoolMiddle5.9 km
Bayside Middle SchoolMiddle6.3 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 Park265 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($535,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,140,000.00
Periodic payment — Principal & Interest (monthly)$13,806.55
Additional monthly expenses (strata, tax, utilities, etc.)$773.74
Total monthly cost$14,580.29
Interest paid over 5-yr term$613,330.15
Balance at end of term$1,924,936.92

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$535,000
Stress test qualifying rate8.09%
Payment you must qualify for$16,455.85

Cash Needed at Closing

Minimum down payment$535,000
Estimated BC PTT$58,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$594,750

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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