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2168 Ferndale Rd
homes for sale · Saanich · Gordon Head
2168 Ferndale Rd — photo 1 of 40
1 / 40
$2,299,000

2168 Ferndale Rd

Gordon Head, Saanich · MLS® 1052546

754

3,995 sq ft · 10,400 sq ft lot · House · Single Family · built 2008 · 12 days on market

listed by Janet Yu, Sutton Group West Coast Realty

realtor's description

Beautifully updated executive home offering nearly 4,000 sqft of living space on a 10,000+ sqft of landscaped lot with some ocean views. Just a short stroll to the beach and close to excellent schools at all level. Stunning gourmet kitchen featuring new stainless steel appliances; Red oak hardwood flooring;open-concept design living and entertaining space with 9-foot ceilings & grand vanulted ceiling . This move-in-ready home with countless high-end upgrades throughout. The primary room features a large walk-in closet, soaker tub& heated floors in the bathroom. heated floor in main kitchen and bathrooms on main. sunday 12-2 pm open. large suite with a separate walkout entrance, 4 beds &2 full baths ,laundry. The front yard : newly installed lawn, tastefully designed flower beds, fully fenced backyard. A double garage plus ample additional parking .Gas fireplace & Gas hot water tank;Central vacuum system.New interior and exterior paint.New light fixtures throughout.

similar homes nearby

property details

type
House, Single Family
bedrooms
7
bathrooms
5
living area
3,995 sq ft
lot
10,400 sq ft
parking
4
year built
2008
property tax
$9,991 / yr
days on market
12
MLS®
1052546

features

  • Rectangular

monthly cost

$10,951/mo
Mortgage $10,118 · Tax $833

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

estimated payment
$10,118/ monthly
loan $1,839,200
25-year amortization
total interest
$1,196,265
property transfer tax
$46,970
BC general rate
cash to close
$506,770
down + PTT
total paid
$3,035,465
transfer tax

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.

if you rented it out

suite rent
$1,860/mo
your cost after the suite
$9,415/mo
vs $11,126 without it

Costs: mortgage $10,118 · tax $833 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Saanich: CMHC's average there ($1,594) raised by what new tenants pay against everyone in the Victoria area, then down 1% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

schools

Catchment schools, Greater Victoria School District 61

  • Elementary Hillcrest Elementaryhomes in this catchment

    600 m away · 4421 Greentree Terr, Victoria · 250-477-7273

  • Middle Gordon Head Middlehomes in this catchment

    1.8 km away · 1671 Kenmore Rd, Victoria · 250-477-1855

  • Secondary Lambrick Park Secondaryhomes in this catchment

    1.9 km away · 4139 Torquay Dr, Victoria · 250-477-0181

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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Janet Yu
Sutton Group West Coast Realty
contact the listing agent
Powered by: REALTOR.ca
▶ virtual tour

location

Gordon Head, SaanichGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$1,921,000$9,991

The listing shows $9,991 a year in property tax.

Estimate: the BC Assessment value times Saanich'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.

the market here

sold vs last asking
-3.3%
median, 57 houses sold
listed now
41 days
median for 285 houses for sale; this one 12 days

Houses in Saanich, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.

2015 Pauls Terr, Saanich
open houseHouse
$1,899,000
2015 Pauls Terr
Gordon Head, Saanich9 days on market
listed by Engel & Volkers Vancouver Island
4353,188 sq ft
MLS® 1052625
4529 Seawood Terr, Saanich
open houseHouse
$2,150,000
4529 Seawood Terr
Gordon Head, Saanich14 days on market
listed by Royal LePage Coast Capital - Chatterton
55
1601 Mileva Lane, Saanich
House
$2,098,000
1601 Mileva Lane
Gordon Head, Saanich34 days on market
listed by The Agency
53
4596 Bonnieview Pl, Saanich
House
$2,498,000
4596 Bonnieview Pl
Gordon Head, Saanich9 days on market
listed by The Agency
54
4317 Majestic Dr, Saanich
House
$1,799,000
4317 Majestic Dr
Gordon Head, Saanich24 days on market
listed by RE/MAX Camosun
44
4598 Torquay Dr, Saanich
House
$2,595,000
4598 Torquay Dr
Gordon Head, Saanich44 days on market
listed by Sotheby's International Realty Canada
33
4
3,635 sq ft
MLS® 1052049
4
2,520 sq ft
MLS® 1050831
6
3,706 sq ft
MLS® 1052667
2
2,405 sq ft
MLS® 1051517
10
2,336 sq ft
MLS® 1049446

location

lot outline: 915 m² (9,849 sq ft) · PID 027-218-899. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Gordon Head, SaanichGoogle Maps ↗
Drive times
  • Hillcrest Elementary2 min
  • Mount Douglas Secondary4 min
  • University of Victoria4 min
  • Royal Jubilee Hospital13 min
  • Downtown Victoria19 min
  • YYJ airport31 min
21

Walkability 21/100 · Mostly by car

Within a 10 minute walk: 10 parks and playgrounds, 1 school, 16 transit stops.

mihom score from OpenStreetMap places, by straight line distance.