3294 Henderson Rd

Henderson, Oak Bay · MLS® 1046450

19,824 sq ft lot · Land · Vacant Land · 78 days on market

listed by Colevin Crause, Royal LePage Coast Capital - Oak Bay

realtor's description

DEVELOPMENT SITE FOR SALE | A Property of this size in this location is getting harder and harder to find. Steps to Camosun, and not much further to UVIC, Hillside Mall, or the Uplands Golf Course, this location is hard to match. The current zoning allows for over 12,000sqft GBA and up to 4 units. The opportunity for redevelopment is diverse though, with potential for subdivision into smaller SFD lots, or rezone for a higher density of townhomes as outlined in the current OCP.

property details

type: Land, Vacant Land
lot: 19,824 sq ft
parking: 5
property tax: $8,343 / yr
days on market: 78
MLS®: 1046450

the market here

listed now: 179 days; median for 5 homes for sale; this one 78 days

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

property tax by year

year	assessed	est. tax
2026	$1,523,000	$8,343

The listing shows $8,343 a year in property tax.

Estimate: the BC Assessment value times Oak Bay'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

$9,493/mo

Mortgage $8,798 · Tax $695

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

estimated payment

$8,798/ monthly

loan $1,599,200

25-year amortization

down payment20% · $399,80020%+ 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: $1,040,163
property transfer tax: $37,980; BC general rate
cash to close: $437,780; down + PTT
total paid: $2,639,363

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: 1,841 m² (19,816 sq ft) · PID 005-189-721. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Henderson, Oak BayGoogle Maps ↗

schools

Catchment schools, Greater Victoria School District 61

Elementary Campus View Elementaryhomes in this catchment
1.9 km away · 3900 Gordon Head Rd, Victoria · 250-477-0178
Middle Arbutus Global Middlehomes in this catchment
2.5 km away · 2306 Edgelow St, Victoria · 250-477-1878
Secondary Mount Douglas Secondaryhomes in this catchment
2.5 km away · 3970 Gordon Head Rd, Victoria · 250-477-6977

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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