5 10145 Third St

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

rent

$2,950/mo

after all costs

−$1,220/mo

cap rate

3.2%

yearly net rent ÷ price

Costs: mortgage $3,076 · tax $232 · strata $450 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Sidney: CMHC's average there ($2,515) raised by what new tenants pay against everyone in the Victoria area, then down 1.9% 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, Saanich School District 63

• Elementary Sidney Elementaryhomes in this catchment

  800 m away · 2281 Henry Ave, Sidney · 250-656-3958

• Middle North Saanich Middlehomes in this catchment

  1.8 km away · 10400 Mcdonald Park Rd, North Saanich · 250-656-1129

• Secondary Parkland Secondaryhomes in this catchment

  2.3 km away · 10640 Mcdonald Park Rd, North Saanich · 250-655-2700

From the Saanich School District 63'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.