Property Type: Land / LotOwnership: Freehold

DL-130 Trans Canada Hwy

Malahat, BC V0V0V0

$2,888,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
64.99 acres
Zoning
Rural residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$9,088.82

Interior

Fireplace
None

Exterior & Lot

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

Listing Information

MLS®
1030829
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

Nestled within the breathtaking landscape of the Malahat, this expansive sixty-five-acre waterfront estate offers a rare opportunity to own a significant piece of Vancouver Island’s coastal beauty. Perfectly positioned near the world-class Malahat SkyWalk, the property captures stunning, unobstructed views of the Saanich Inlet and the distant peaks of the Olympic Mountains. The land gracefully descends from the upper ridges through a lush forest canopy down to approximately seven hundred feet of private, pristine shoreline. This specific stretch of the Malahat is currently seeing a wonderful transformation, with high-quality developments and beautiful new homes being established nearby, signaling a bright future for this growing coastal community. ?The sheer size of this holding provides an incredible amount of privacy and a quiet, relaxed atmosphere that is increasingly hard to find. It is an ideal setting for a spectacular primary residence, a multi-generational family compound, or a world-class recreational retreat. Practicality meets potential here, as the property already features a drilled well and power connected to the pump house, providing a functional head start for your building plans. One of the most enchanting features is the potential to apply for private moorage and a dock, allowing you to embrace a true West Coast lifestyle. Imagine bypasses the commute and instead taking a tranquil boat ride across the water to reach the local marinas or the Victoria International Airport in minutes. This property represents a unique balance of rugged natural wilderness and sophisticated potential, offering a peaceful sanctuary in one of the most scenic corridors on the Island. All development possibilities should be confirmed by the buyer with the Cowichan Valley Regional District. (id:63159)

Location Insights

Weather

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.

Nearby Schools

SchoolTypeDistance
Bayside Middle SchoolMiddle6.6 km
Brentwood ElementaryElementary7.2 km
Stelly's SecondarySecondary8.3 km
SD 63 Individual Learning CentreSecondary8.9 km
Prospect Lake ElementaryElementary9.4 km
Brentwood College(Independent)Secondary9.6 km
St John's Preparatory Academy Shawnigan(Independent)K-1210.0 km
Keating ElementaryElementary10.4 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.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($577,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,310,400.00
Periodic payment — Principal & Interest (monthly)$14,905.92
Additional monthly expenses (strata, tax, utilities, etc.)$757.40
Total monthly cost$15,663.32
Interest paid over 5-yr term$662,167.28
Balance at end of term$2,078,212.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$577,600
Stress test qualifying rate8.09%
Payment you must qualify for$17,766.17

Cash Needed at Closing

Minimum down payment$577,600
Estimated BC PTT$64,640
Legal / closing costs (typical estimate)$1,500
Total cash needed$643,740

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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