Victoria Real Estate
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2565 Faulkner Pl

$1,185,000

Mill Bay

Condo3 bd · 3 ba · 2,059 sqftBuilt 2016$576/sqft5 days on market

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About this home

Welcome to 2565 Faulkner Place—an exceptional custom-built rancher in the sought-after Mill Springs community of Mill Bay. Designed for effortless one-level living, this 10-year young home offers over 2,000 sq. ft. of refined living space, blending timeless style with everyday comfort. A gated entry and beautifully landscaped, low-maintenance yard create an inviting first impression. Inside, the bright, sophisticated layout features 3 spacious bedrooms, 3 bathrooms, tasteful updates, and thoughtfully selected finishes. Multiple covered patio spaces provide seamless indoor-outdoor living, while a heat pump and on-demand hot water offer year-round comfort and efficiency. The oversized 14' garage is a rare find, providing exceptional room for a vehicle, boat, trailer, RV, or hobbies. Below, the impressive 6'5'' crawl space offers nearly 1,000 sq. ft. of additional storage, complete with a built-in workshop—an ideal space for projects and gear. Outside, enjoy beautifully curated, easy-care landscaping, a charming pergola, and established vegetable gardens designed for both relaxation and enjoyment. Located in one of the Cowichan Valley’s most desirable communities, Mill Springs is surrounded by walking trails, parks, and green space, with schools, shopping, and everyday amenities just minutes away. Victoria is approximately 25 minutes south, offering the perfect balance of convenient city access and peaceful community living. Impeccably maintained and exceptionally versatile, 2565 Faulkner Place is a rare opportunity to enjoy sophisticated rancher living with remarkable storage, garage space, and outdoor amenities. (id:65179)

Property details

From the listing's public record.

Lot size

11,761 square feet

Year built

2016

Taxes

$6,558/yr

Strata / HOA

$11/month

Zoning

Residential

View

Mountain view

Appliances

WasherRefrigeratorRange - GasDishwasherDryer

Heating

Heat PumpForced air

Cooling

Air Conditioned

Lot

Cul-de-sacLevel lotPrivate setting

Community

Family OrientedPets Allowed

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 15, 2026

    Listed $1,185,000

    Active5 days on marketMLS 1049167
  2. Jun 29, 2026

    $1,150,000

    Sold17 days on marketMLS 1030133
  3. Oct 15, 2021

    $1,100,000

    Sold5 days on marketMLS 881504

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Mill Bay

Active (same type)

3

Pending

0

All active listings

10

Months of supply

Assessment

From publicly available property records.

Assessed value

$1,147,000

What would this home cost?

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Estimate

Monthly mortgage

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Loan amount

$1,185,000 − $237,000

$948,000

Down payment

20.0%

$237,000

Property Transfer Tax

$21,700

Legal / closing (est.)

$1,500

Cash to close

$260,200

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

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