Property Type: Detached HouseOwnership: Freehold

986 Seapearl Pl

Saanich, BC V8Y2X3

$1,967,000

6 bed5 bath5 parking4,612 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Lot size
10,019 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,572

Interior

Heating
Forced air, Electric, Propane, Wood
Cooling / A/C
Central air conditioning, Partially air conditioned, Fully air conditioned, Air Conditioned
Fireplace
Yes (2)

Exterior & Lot

View
Mountain view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
Living roomSecond level14'6 x 14'4
BedroomSecond level12'9 x 16'1
BedroomSecond level12'1 x 12'4
BathroomSecond level10'1 x 8'10
BathroomSecond level5'2 x 10'0
BedroomSecond level13'3 x 11'4
BedroomSecond level13'2 x 11'2
SunroomMain level12'4 x 13'6
Living roomMain level13'3 x 18'3
Family roomMain level14'3 x 12'6
KitchenMain level15'7 x 25'4
Dining roomMain level9'2 x 16'6
BathroomMain level4'11 x 6'11
BedroomMain level21'9 x 15'9
BathroomMain level16'1 x 8'7
Laundry roomMain level8'6 x 15'7
StorageLower level10'10 x 7'0
BedroomLower level14'10 x 9'3
KitchenLower level9'0 x 9'4
Dining roomLower level5'3 x 10'4
Living roomLower level9'4 x 18'11
BathroomLower level5'3 x 8'1
Laundry roomLower level5'3 x 4'11

Listing Information

MLS®
1042758
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Located in the highly sought after Cordova Bay neighbourhood, this impressive 4,612 sq ft West Coast residence offers 6 bedrooms, 5 bathrooms, and ocean glimpses, all set on a spacious fully fenced lot. Main level features hardwood flooring, a gourmet kitchen, two fireplaces, a bright solarium, and a generous primary bedroom complete with a walk-in closet and spacious ensuite. Lower level adds two additional bedrooms and a full bathroom to the main home, while a separate family area with its own entrance and two more bedrooms provides excellent flexibility for extended family. 1 bedroom legal suite, ideal for rental income or multigenerational living. Enjoy the private backyard oasis with a pond, fruit trees, and direct access to the Lochside Regional Trail, with McMinn Park just steps away through your backyard gate. Double garage plus a large driveway offers parking for up to 5 vehicles. A rare lifestyle opportunity in one of Saanich’s most desirable communities. (id:63159)

Values & Trends

This listing

$426/sqft

Building average

No other active listings in this building

Cordova Bay average

$749/sqft

30 active listing(s)

Parking: 5 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 (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

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
Lochside ElementaryElementary999 m
Claremont SecondarySecondary1.1 km
Cordova Bay ElementaryElementary2.1 km
Royal Oak Middle SchoolMiddle2.4 km
Lakeview Christian School(Independent)Elementary/Middle3.0 km
St. Margaret's(Independent)K-123.1 km
Lake Hill ElementaryElementary3.3 km
Rogers ElementaryElementary3.9 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 (5+)

  • McMinn Park192 m
  • Grant Park259 m
  • Sea Ridge Park408 m
  • Unnamed644 m
  • Unnamed686 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($393,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,573,600.00
Periodic payment — Principal & Interest (monthly)$10,152.33
Additional monthly expenses (strata, tax, utilities, etc.)$1,028.67
Total monthly cost$11,181.00
Interest paid over 5-yr term$450,998.28
Balance at end of term$1,415,458.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$393,400
Stress test qualifying rate8.09%
Payment you must qualify for$12,100.43

Cash Needed at Closing

Minimum down payment$393,400
Estimated BC PTT$37,340
Legal / closing costs (typical estimate)$1,500
Total cash needed$432,240

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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