Property Type: Land / LotOwnership: Freehold

Lots A/B Kerr Dr

Duncan, BC V9L5Y6

$1,400,000

0 bed0 bath4 parking
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Property Details

Property & Lot

Lot size
0.92 acres
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
4

Listing Information

MLS®
1026573
Listed
February 20, 2026
Time on market
On the market for 192 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Two Rare South-Facing Oceanfront Lots Offered as One Stunning Estate Opportunity - $1.4 Million - Offered together for the first time, these two legal oceanfront lots combine to create an exceptional 0.92-acre south-facing waterfront estate at the end of a private point in picturesque Genoa Bay. Enjoy full-day sun and breathtaking panoramic ocean views stretching across Cowichan Bay toward North Saanich from both properties. Each lot offers direct water access, providing the rare flexibility to build a private estate residence or develop two separate dwellings with individual titles already in place. Watch killer whales and passing marine life from your future patio while enjoying immediate access to kayaking, sailing, and paddle boarding from your shoreline. Located next to Genoa Bay Marina—perfect for mooring your boat—and just minutes from scenic hiking trails. Extraordinary opportunity to create an oceanfront retreat in one of Vancouver Island’s most enchanting seaside communities. (id:63159)

Location Insights

Weather

15°C

Humidity 82%

Wind NNW calm km/h

Tonight

12°

Tuesday

21°

Tuesday night

14°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

5,047

(2021 Census)

+2.1% since 2016

Density: 2,450/km²

Dwellings: 2,620

Median household income: $53,200

After-tax: $49,600

Immigrant population: 11%

Top countries of origin (% of total population)

  • United Kingdom2.8% · 140
  • United States of America1.4% · 70
  • Germany1.1% · 55
  • Netherlands0.9% · 45
  • Philippines0.6% · 30
  • India0.4% · 20
  • Mexico0.3% · 15
  • Hungary0.2% · 10

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
Bench ElementaryElementary3.2 km
Sunrise Waldorf School(Independent)Elementary/Middle5.4 km
Maple Bay ElementaryElementary5.4 km
Queen of Angels School(Independent)Elementary/Middle6.2 km
Noorunissa Montessori Academy of Canada(Independent)Elementary7.2 km
Des CascadesElementary7.2 km
Duncan Christian School(Independent)K-127.3 km
Ecole Cobble Hill ElementaryElementary7.3 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)

  • Genoa Bay Café · 5000 Genoa Bay Road155 m

Nearby places data: © OpenStreetMap contributors.

School district: Cowichan (SD79)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($115,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,120,000.00
Periodic payment — Principal & Interest (monthly)$7,225.86
Additional monthly expenses (strata, tax, utilities, etc.)$0.08
Total monthly cost$7,225.94
Interest paid over 5-yr term$320,995.22
Balance at end of term$1,007,443.62

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$115,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,881.20

Cash Needed at Closing

Minimum down payment$115,000
Estimated BC PTT$26,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,500

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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