863 Parklands Dr
Esquimalt, BC V9A4L6
$1,850,000
Property Details
Property & Lot
- Lot size
- 18,480 square feet
- Zoning
- Unknown
Residential Multi-Family
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $9,700.85
Interior
- Fireplace
- None
Exterior & Lot
- View
- Ocean view
Listing Information
- MLS®
- 1044857
- Listed
- August 3, 2026
- Time on market
- On the market for 28 days
- Data last synced
- August 28, 2026
Listing provided by: Initium Real Estate Ltd. · Data source: CREA DDF.
Description
Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future. (id:63159)
Location Insights
Weather
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
17,653
(2021 Census)
Density: 2,418.2/km²
Dwellings: 9,036
Median household income: $76,000
After-tax: $67,500
Immigrant population: 15.3%
Top countries of origin (% of total population)
- United Kingdom3% · 525
- Philippines1.5% · 270
- United States of America1.2% · 215
- India0.8% · 145
- China0.7% · 115
- Germany0.5% · 85
- Viet Nam0.3% · 60
- France0.3% · 50
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
2/9 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
| School | Type | Distance |
|---|---|---|
| Rockheights Middle School | Elementary | 1.0 km |
| Craigflower Elementary | Elementary | 1.5 km |
| Shoreline Community Middle School | Middle | 1.5 km |
| Esquimalt High School | Secondary | 1.8 km |
| Beausoleil | Elementary | 1.9 km |
| Victor-Brodeur | K-12 | 1.9 km |
| Ecole Macaulay Elementary | Elementary | 2.0 km |
| View Royal Elementary | Elementary | 2.1 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)
- Serious Coffee540 m
Parks (2)
- Colville Park484 m
- Naden Park778 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
6.9 km away
7.3 km away
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.