3879 Olympian Way

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$585,000

3879 Olympian Way

Olympic View, Langford · MLS® 1052962

7,029 sq ft lot · Land · Vacant Land · 8 days on market

listed by Quinn van Gylswyk, Rennie & Associates Realty Ltd.

realtor's description

Welcome to Phase 2 at Olympic View, where nature and convenience come together. This is your chance to secure a single-family lot next to the prestigious Olympic View Golf Course. Surrounded by lush green space and just minutes from Red Barn Market, this location offers a peaceful setting while remaining close to schools, services, and everyday amenities. Enjoy direct access to an extensive network of walking and biking trails right from your doorstep. Legal suites are permitted in Single Family Lots, offering flexibility for multigenerational living or a potential mortgage helper. Both single-family and duplex lots remain available, but opportunities are limited. Please note this is an active construction site and viewings are by appointment only. Secure your place in one of the West Shore’s most desirable new communities.

property details

type: Land, Vacant Land
lot: 7,029 sq ft
parking: 0
property tax: $3,068 / yr
days on market: 8
MLS®: 1052962

the market here

listed now: 123 days; median for 45 homes for sale; this one 8 days

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

property tax by year

year	assessed	est. tax
2026	$575,000	$3,068

The listing shows $3,068 a year in property tax.

Estimate: the BC Assessment value times Langford'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

$2,830/mo

Mortgage $2,575 · Tax $256

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

estimated payment

$2,575/ monthly

loan $468,000

25-year amortization

down payment20% · $117,00020%+ 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: $304,400
property transfer tax: $9,700; BC general rate
cash to close: $126,700; down + PTT
total paid: $772,400

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.