Property Type: Condo / ApartmentOwnership: Strata

897 Pratt Rd

Mill Bay, BC V8H1H6

$1,193,700

6 bed4 bath4 parking3,247 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Style
Westcoast
Lot size
12,240 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$11/mo
Annual property tax
$6,390.35

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None
Appliances
Washer, Refrigerator, Range - Gas, Range - Electric, Dishwasher, Dryer

Exterior & Lot

Lot features
Central location, Cul-de-sac, Other

Building

Parcel ID (PID)
028-241-347

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.

Room Dimensions

RoomLevelDimensions
StorageOther11'3 x 6'8
PatioLower level18'8 x 19'7
PatioLower level11'8 x 26'5
Living roomAdditional Accommodation10'7 x 15'5
KitchenAdditional Accommodation10'7 x 14'9
BedroomAdditional Accommodation11'0 x 10'0
BathroomAdditional Accommodation7'1 x 9'6
BedroomLower level9'11 x 9'11
BedroomLower level10'5 x 9'11
BathroomLower level5'8 x 9'4
Family roomLower level12'6 x 23'7
PorchMain level4'4 x 9'2
PatioMain level12'3 x 17'4
EnsuiteMain level12'8 x 8'7
BathroomMain level5'5 x 7'8
Primary BedroomMain level13'0 x 10'9
BedroomMain level10'5 x 10'11
BedroomMain level10'5 x 10'11
Laundry roomMain level4'10 x 7'10
Living roomMain level12'11 x 13'9
Dining roomMain level6'11 x 13'9
KitchenMain level15'5 x 12'3
EntranceMain level12'3 x 8'10

Listing Information

MLS®
1047240
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 31, 2026

Listing provided by: Fair Realty · Data source: CREA DDF.

Description

Welcome to a bright, spacious home with excellent versatility. This property offers fantastic options—whether you're looking to generate rental income to help with the mortgage or create a comfortable multigenerational living setup. Start your mornings with coffee on the sunny front patio, and unwind with stunning sunsets on the large west-facing deck. Bathed in afternoon sun and perfect for entertaining, the deck features a gas hookup, while the kitchen boasts a gas range. Inside, the bright and airy main living space features vaulted ceilings and expansive views in three directions. The primary suite opens directly onto the deck—ideal for a hot tub. Downstairs, the lower level includes the fourth and fifth bedrooms, a bathroom and a generous family room with a walk-out patio, and easy access to the backyard. On the other side of the home, you'll find an 850 sq. ft. soundproofed suite with its own separate entrance and large private patio, offering outstanding flexibility. Set on a private 12,240 sq. ft. lot in a quiet cul-de-sac and backing onto forest, this home feels peaceful and secluded. Enjoy neighbourhood trails right outside your door, including a scenic one-hour loop through the woods and around a small lake. A park with a sports court and playground is just down the street. Parking is effortless with a wide, flat driveway perfect for vehicles and toys. (id:63159)

Values & Trends

This listing

$368/sqft

Building average

No other active listings in this building

Mill Springs average

$536/sqft

2 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: Malahat

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

6/9 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
Brentwood College(Independent)Secondary1.0 km
Frances Kelsey SecondarySecondary1.5 km
George Bonner ElementaryElementary2.3 km
St John's Preparatory Academy Shawnigan(Independent)K-124.9 km
Evergreen Independent School(Independent)Elementary5.2 km
Ecole Cobble Hill ElementaryElementary5.5 km
Shawnigan Lake(Independent)Secondary5.5 km
Discovery ElementaryElementary6.4 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

Restaurants (1)

  • The Mill Pizza & Grill · 2720 Mill Bay Road789 m

Cafes (3)

  • Tim Hortons · 825 Deloume Road705 m
  • Bru-Go's Coffee · 2720 Mill Bay Road709 m
  • KAVA & Go758 m

Grocery (1)

  • Thrifty Foods686 m

Parks (5+)

  • Deloume Park182 m
  • Deloume Trail188 m
  • Deloume Connector Trail220 m
  • Deloume Park West245 m
  • Deloume Park East309 m

Pharmacies (1)

  • Island Pharmacy · 845 Deloume Road654 m

Banks & ATMs (1)

  • RBC709 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,370) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$954,960.00
Periodic payment — Principal & Interest (monthly)$6,161.08
Additional monthly expenses (strata, tax, utilities, etc.)$705.53
Total monthly cost$6,866.61
Interest paid over 5-yr term$273,694.28
Balance at end of term$858,989.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,370
Stress test qualifying rate8.09%
Payment you must qualify for$8,453.46

Cash Needed at Closing

Minimum down payment$94,370
Estimated BC PTT$21,874
Legal / closing costs (typical estimate)$1,500
Total cash needed$117,744

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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