Property Type: DuplexOwnership: Strata

A 2550 Sinclair Rd

Saanich, BC V8N1B8

$1,898,888

4 bed4 bath2 parking2,464 sqftBuilt 2027
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
3,080 square feet
Zoning
Residential

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$4,825.29

Interior

Heating
Heat Pump, Baseboard heaters, Forced air
Cooling / A/C
Central air conditioning, Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2 — covered indicated
Features
Garage

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomThird level4-Piece
Laundry roomThird level
BedroomThird level
BedroomThird level
EnsuiteThird level4-Piece
Primary BedroomThird level
OfficeMain level
BathroomMain level2-Piece
Living roomMain level
Dining roomMain level
KitchenMain level
Living roomAdditional Accommodation
KitchenAdditional Accommodation
BathroomAdditional AccommodationX
PantryLower level
BedroomAdditional Accommodation
EntranceLower level

Listing Information

MLS®
1046464
Listed
August 9, 2026
Time on market
On the market for 23 days
Data last synced
August 28, 2026

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

Description

Brand-new modern farmhouse duplex in highly sought-after Cadboro Bay, offering an exceptional combination of modern design, income potential and an unbeatable location. With approximately 2,464 sq ft of finished living space, this thoughtfully designed home includes a 1,933 sq ft main residence plus a fully self-contained 531 sq ft one-bedroom suite. The main home features 4 bedrooms, 2.5 bathrooms, a dedicated office and bright open-concept living designed for modern family life. The designer kitchen showcases a large quartz waterfall island, abundant cabinetry and under-cabinet lighting, flowing seamlessly into the dining and living areas. A striking fireplace feature wall with custom built-ins creates a beautiful focal point, while large windows and access to the covered deck extend the living space outdoors. Additional features include a spacious primary bedroom, dedicated laundry with built-in cabinetry, garage, EV charging and a high-efficiency heat pump providing year-round heating and cooling. The plans also include a dedicated main-floor office and covered deck. The private 531 sq ft one-bedroom suite features its own entrance, full kitchen and laundry, making it ideal for extended family, student accommodation or an excellent mortgage helper. Enjoy an incredible lifestyle just steps from Cadboro Bay Village and minutes from Gyro Beach, UVic, Frank Hobbs Elementary and Mystic Vale trails, with cycling routes and transit nearby. Currently under construction with anticipated completion in early 2027, buyers have the rare opportunity to customize select interior finishes and make this brand-new home their own. (id:63159)

Values & Trends

This listing

$771/sqft

Building average

No other active listings in this building

Cadboro Bay average

$716/sqft

2 active listing(s)

Parking: 2 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

44

5/9 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
Frank Hobbs ElementaryElementary267 m
Arbutus Global Middle SchoolElementary1.1 km
Campus View ElementaryElementary1.7 km
Mount Douglas SecondarySecondary1.7 km
Maria Montessori Academy(Independent)Elementary1.9 km
St. Michaels University School(Independent)K-122.4 km
ArtsCalibre Academy(Independent)Elementary/Middle2.6 km
Hillcrest ElementaryElementary2.7 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 (2)

  • Mutsuki-An Japanese Restaurant · 2560A Sinclair Road166 m
  • Thai Lemongrass · 3838 Cadboro Bay Road198 m

Cafes (5+)

  • Jusu · 2560 Sinclair Road172 m
  • Olive Olio's · 3840 Cadboro Bay Road212 m
  • Moka House · 1849b Cadboro Bay Road265 m
  • Side Project Coffee708 m
  • Munchie Bar724 m

Grocery (1)

  • Pepper's Foods · 3829 Cadboro Bay Road257 m

Parks (5+)

  • Maynard Park267 m
  • Goward Park490 m
  • Cadboro-Gyro Park491 m
  • Unnamed549 m
  • Unnamed707 m

Pharmacies (1)

  • Heart Pharmacy · 3825 Cadboro Bay Road256 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($379,778) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,519,110.00
Periodic payment — Principal & Interest (monthly)$9,800.78
Additional monthly expenses (strata, tax, utilities, etc.)$525.11
Total monthly cost$10,325.89
Interest paid over 5-yr term$435,381.29
Balance at end of term$1,366,444.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$379,778
Stress test qualifying rate8.09%
Payment you must qualify for$11,681.43

Cash Needed at Closing

Minimum down payment$379,778
Estimated BC PTT$35,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$417,255

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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