10994 Madrona Dr
$2,450,000
Deep Cove
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About this home
Set along the coveted shores of Deep Cove, this impeccably maintained Arts & Crafts residence pairs timeless craftsmanship with an exceptional waterfront lifestyle. Substantially rebuilt in 2010, with a thoughtfully designed addition completed in 2016, the home showcases exceptional attention to detail, quality craftsmanship, and pride of ownership throughout. Designed for effortless main-level living, it features two primary bedroom suites, separate entrances, and an ideal layout for multigenerational living or guests. Rich hardwood floors, custom millwork, vaulted ceilings, and expansive windows frame picturesque ocean views. Enjoy warm afternoon sun from the sundeck or stroll to the nearby beach, where sheltered waters invite swimming, paddleboarding, kayaking, and unforgettable sunsets. Beautifully landscaped grounds complete this exceptional offering, just minutes from the Town of Sidney, wineries, and parks. (id:65179)
Property details
From the listing's public record.
Lot size
10,019 square feet
Year built
2010
Taxes
$7,035/yr
Zoning
Residential
View
Waterfront
Appliances
Heating
Parking
Lot
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 10, 2026
Listed $2,450,000
Active10 days on marketMLS 1042945
How this listing compares
Based on 42 sales in Deep CoveMedian sold
$2,187,500
Avg days on market
46 days
Avg sale-to-list
95.7%
Avg $/sqft
$653
Price per square foot
Above area average
Current market in Deep Cove
Active (same type)
11
Pending
8
All active listings
18
Months of supply
3.1
Seller's market — 3.1 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,976,000
Homes in North Saanich sell at 110.4% of assessed value on average.
Based on 163 recent sales.
Local price trend
How Deep Cove has moved over the last decade.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales845 Downey Rd
$3,600,000
7 bd · 10 ba · 29,179 sqft · $123/sqft · 54 days on market
Sold Jul 17, 2026 · 96% of list
598 Meldram Dr
$2,300,000
3 bd · 2 ba · 2,681 sqft · $858/sqft · 10 days on market
Sold Jul 17, 2026 · 93.9% of list
10965 Madrona Dr
$1,480,000
3 bd · 3 ba · 2,103 sqft · $704/sqft · 39 days on market
Sold Jul 15, 2026 · 99% of list
10851 Deep Cove Rd
$1,190,000
3 bd · 2 ba · 1,806 sqft · $659/sqft · 22 days on market
Sold Jul 10, 2026 · 95.3% of list
10720 Derrick Rd
$1,450,000
5 bd · 3 ba · 4,685 sqft · $309/sqft · 33 days on market
Sold Jul 6, 2026 · 90.9% of list
10807 Madrona Dr
$1,750,000
3 bd · 3 ba · 4,158 sqft · $421/sqft · 53 days on market
Sold Jun 29, 2026 · 97.3% of list
11321 Chalet Rd
$2,300,000
5 bd · 3 ba · 4,450 sqft · $517/sqft · 26 days on market
Sold Jun 29, 2026 · 95.9% of list
1021 Tatlow Rd
$1,260,000
5 bd · 4 ba · 3,881 sqft · $325/sqft · 3 days on market
Sold Jun 25, 2026 · 98.8% of list
812 Woodcreek Dr
$1,345,000
3 bd · 3 ba · 3,225 sqft · $417/sqft · 8 days on market
Sold Jun 15, 2026 · 99.6% of list
564 Towner Rd
$2,225,000
5 bd · 5 ba · 7,676 sqft · $290/sqft · 11 days on market
Sold May 29, 2026 · 89.9% of list
605 Towner Park Rd
$6,000,000
5 bd · 5 ba · 7,193 sqft · $834/sqft · 230 days on market
Sold May 5, 2026 · 95.3% of list
10630 Derrick Rd
$2,998,000
3 bd · 3 ba · 2,828 sqft · $1,060/sqft · 22 days on market
Sold May 1, 2026 · 100% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$2,450,000 − $490,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$543,000
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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Interested in this home?
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Listed by Macdonald Realty Ltd. (Sid)