10724 Bayfield Rd

McDonald Park, North Saanich · MLS® 1051357

11,326 sq ft lot · Land · Vacant Land · 10 days on market

listed by Chace Whitson, Macdonald Realty Ltd. (Sid)

realtor's description

A rare opportunity on the Saanich Peninsula—this highly sought-after, flat, and easy-to-build lot is situated within an exclusive enclave of custom-built homes. Fully serviced with municipal water, sewer, and underground hydro, the property only requires service connections at the lot line, streamlining your build process. Enjoy partial ocean views and excellent sun exposure, perfect for capturing warm evening light in your future backyard. Located on a quiet, picturesque street, this lot offers easy access to nearby beaches—ideal for kayaking and paddle boarding—as well as scenic trails at Horth Hill Regional Park, just minutes away. You’ll also appreciate the proximity to BC Ferries, Victoria International Airport, and the charming communities of Sidney and Deep Cove. This is a prime opportunity to build your dream home in one of the Peninsula’s most desirable and well-connected neighborhoods.

property details

type: Land, Vacant Land
lot: 11,326 sq ft
parking: 0
property tax: $2,846 / yr
days on market: 10
MLS®: 1051357

features

Level lot
Partially cleared
Other
Marine Oriented

the market here

listed now: 59 days; median for 9 homes for sale; this one 10 days

Homes in North Saanich. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$3,754/mo

Mortgage $3,517 · Tax $237

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,517/ monthly

loan $639,200

25-year amortization

down payment20% · $159,80020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $415,753
property transfer tax: $13,980; BC general rate
cash to close: $173,780; down + PTT
total paid: $1,054,953

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

lot outline: 1,054 m² (11,345 sq ft) · PID 032-557-957. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

McDonald Park, North SaanichGoogle Maps ↗

schools

Catchment schools, Saanich School District 63

Elementary Sidney Elementaryhomes in this catchment
2.7 km away · 2281 Henry Ave, Sidney · 250-656-3958
Middle North Saanich Middlehomes in this catchment
900 m away · 10400 Mcdonald Park Rd, North Saanich · 250-656-1129
Secondary Parkland Secondaryhomes in this catchment
300 m away · 10640 Mcdonald Park Rd, North Saanich · 250-655-2700

From the Saanich School District 63's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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