3420 Caldera Crt

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

suite rent

$2,190/mo

your cost after the suite

$4,982/mo

vs $6,997 without it

Costs: mortgage $6,157 · tax $665 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Langford: CMHC's average there ($1,874) 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.

Catchment schools, Sooke School District 62

• Elementary Lakewood Elementaryhomes in this catchment

  1.3 km away · 2363 Setchfield Ave, Victoria · 250-474-3449

• Middle Spencer Middle Schoolhomes in this catchment

  1.1 km away · 1026 Goldstream Ave, Victoria · 250-474-1291

• Secondary Belmont Secondaryhomes in this catchment

  2.0 km away · 3041 Langford Lake Rd, Victoria · 250-478-5501

From the Sooke School District 62'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.