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3904 Wilkinson Rd

$865,000

Strawberry Vale

Detached2 bd · 1 ba · 1,001 sqftBuilt 1955$864/sqft6 days on market

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About this home

Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood or live in this comfortable single family home. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market. The existing 1955 bungalow is perfectly livable and comfortable with plenty of privacy, a large garage/workshop and ample outdoor spaces for play and relaxation. A fantastic move from a condo or townhome! Live in it or rent it out for holding income if your end plan is to design your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area. Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns. (id:65179)

Property details

From the listing's public record.

Lot size

0.51 acres

Year built

1955

Taxes

$5,801/yr

Zoning

Residential

View

Valley view

Heating

Forced airOil

Parking

Detached GarageGarageRV

Lot

Central locationPark settingPrivate settingSloping

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

Oct 23, 2026
Listed $865,000
Active6 days on marketMLS 1052515
Nov 6, 2025
Listed $939,000
Expired145 days on marketMLS 1018733
Sep 10, 2024
Listed $1,099,900
Expired112 days on marketMLS 975208

How this listing compares

Based on 30 sales in Strawberry Vale

Median sold

$1,245,500

Avg days on market

41 days

Avg sale-to-list

97.7%

Avg $/sqft

$451

Price per square foot

This home: $864/sqft·Area average: $451/sqft

Above area average

Current market in Strawberry Vale

Active (same type)

Pending

All active listings

Months of supply

4.8

Balanced market — 4.8 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,115,400

Homes in Saanich West sell at 159.3% of assessed value on average.

Based on 247 recent sales.

Local price trend

How Strawberry Vale has moved over the last decade.

Local price index (normalized) · 118 months

Recent nearby sales

12 sales

1224 Mariposa Ave
$975,000
7 bd · 3 ba · 3,696 sqft · $264/sqft · 37 days on market
Sold Sep 29, 2026 · 97.6% of list
4034 Zinnia Rd
$832,000
2 bd · 1 ba · 877 sqft · $949/sqft · 14 days on market
Sold Sep 18, 2026 · 100.4% of list
3979 South Valley Dr
$1,246,000
3 bd · 3 ba · 2,785 sqft · $447/sqft · 34 days on market
Sold Sep 15, 2026 · 99.7% of list
4030 Grange Rd
$1,115,000
4 bd · 2 ba · 2,197 sqft · $508/sqft · 29 days on market
Sold Aug 27, 2026 · 97.9% of list
1071 Hyacinth Ave
$1,350,000
4 bd · 3 ba · 2,810 sqft · $480/sqft · 35 days on market
Sold Aug 27, 2026 · 98.9% of list
1168 Burnside Rd
$1,280,000
4 bd · 4 ba · 4,196 sqft · $305/sqft · 93 days on market
Sold Aug 26, 2026 · 94.8% of list
4000 Santa Rosa Pl
$1,488,000
5 bd · 4 ba · 3,460 sqft · $430/sqft · 40 days on market
Sold Aug 12, 2026 · 99.2% of list
1360 Hastings St
$1,390,000
6 bd · 3 ba · 2,740 sqft · $507/sqft · 27 days on market
Sold Aug 5, 2026 · 99.6% of list
1040 Chesterfield Rd
$865,000
4 bd · 2 ba · 1,922 sqft · $450/sqft · 43 days on market
Sold Aug 3, 2026 · 97.2% of list
1051 Chesterfield Rd
$830,000
2 bd · 1 ba · 1,084 sqft · $766/sqft · 67 days on market
Sold Jul 27, 2026 · 98.8% of list
3815 Wilkinson Rd
$1,320,000
3 bd · 1 ba · 1,985 sqft · $665/sqft · 121 days on market
Sold Jul 13, 2026 · 97.1% of list
1230 Burnside Rd
$2,340,000
5 bd · 5 ba · 3,939 sqft · $594/sqft · 19 days on market
Sold Jul 10, 2026 · 97.5% of list

What would this home cost?

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Purchase price

Down payment

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Amortization (years)

Newly built / new constructionAdds 5% GST. Eligible for the Newly Built PTT exemption (≤ $1.1M full, partial to $1.15M).First-time home buyerEligible for the First-Time PTT exemption (≤ $835K full, partial to $860K). Only one exemption can apply per purchase.

Estimate

Monthly mortgage

—

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Loan amount

$865,000 − $173,000

$692,000

Down payment

20.0%

$173,000

Property Transfer Tax

$15,300

Legal / closing (est.)

$1,500

Cash to close

$189,800

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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3904 Wilkinson Rd

Interested in this home?

About this home

Property details

Price history

How this listing compares

Current market in Strawberry Vale

Assessment

Local price trend

Recent nearby sales

What would this home cost?

Want a real rate?

More on this listing

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