1258 Woodway Rd

Esquimalt · MLS® 1043276

7,128 sq ft lot · Land · Vacant Land · 107 days on market

listed by Steve Nguyen, NAI Commercial (Victoria) Inc.

realtor's description

Rare opportunity to secure a vacant lot in Esquimalt. Process to split the lot has started - each 3,564 sq ft (totaling 7,128 sq ft if combined). With zoning that allows for a single-family home, duplex, or up to four units in a small multi-family building (up to three floors), this is a versatile site ready for your development vision. The property is serviced, and build-ready, located near the Gorge Vale Golf Course, parks, a boat launch, and just 10 minutes to downtown Victoria. With vacant land rare in Esquimalt, this is your chance to build now in a growing, amenity-rich community. Ideal for developers, investors, or families looking to custom-build in a central, transit-friendly location. Contact the listing agent for zoning details and development guidelines.

property details

type: Land, Vacant Land
lot: 7,128 sq ft
parking: 0
property tax: $4,740 / yr
days on market: 107
MLS®: 1043276

features

See remarks
Other
Marine Oriented

the market here

listed now: 107 days; median for 5 homes for sale; this one 107 days

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

property tax by year

year	assessed	est. tax
2026	$800,000	$5,017

The listing shows $4,740 a year in property tax.

Estimate: the BC Assessment value times Esquimalt's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

monthly cost

$5,676/mo

Mortgage $5,281 · Tax $395

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

estimated payment

$5,281/ monthly

loan $960,000

25-year amortization

down payment20% · $240,00020%+ 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: $624,410
property transfer tax: $22,000; BC general rate
cash to close: $262,000; down + PTT
total paid: $1,584,410

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: 329 m² (3,541 sq ft) · PID 001-665-057. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

EsquimaltGoogle Maps ↗

schools

Catchment schools, Greater Victoria School District 61

Elementary Macaulay Elementaryhomes in this catchment
1.0 km away · 1010 Wychbury Ave, Victoria · 250-385-3441
Middle Rockheights Middlehomes in this catchment
400 m away · 1250 Highrock Ave, Victoria · 250-384-7125
Secondary Esquimalt Highhomes in this catchment
1.4 km away · 847 Colville Rd, Victoria · 250-382-9226

From the Greater Victoria School District 61'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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