
5142 West Saanich Rd
$699,900
Prospect Lake
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About this home
This centrally located A-1 zoned, .6 acre building lot in Saanich offers a blend of rural living with the convenience of proximity to Sidney, Royal Oak and Victoria. Surrounded by parks and recreation there is something for everyone including Elk Lake, Durrance Lake, Mount Wark among other nature reserves and parks including mountain biking hot spots. Frontage on West Saanich Road and backing onto rural Interurban Road, provides access from both sides of the property, offering flexibility and plenty of parking for cars, boats or recreational vehicles. With a spacious and solid workshop on site, septic system in place and municipal water already connected, this beautiful parklike property is ready for its new home. Proudly offered at $699,900. (id:65179)
Property details
From the listing's public record.
Lot size
0.61 acres
Year built
1953
Taxes
$3,757/yr
Zoning
Residential
Heating
Cooling
Lot
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 30, 2026
Listed $699,900
Active11 days on marketMLS 1044617Apr 1, 2026
Listed $775,000
Ddf_delisted119 days on marketMLS 1030579Jan 1, 2026
Listed $850,000
Expired89 days on marketMLS 1022280Oct 7, 2025
Listed $899,000
Expired85 days on marketMLS 1015846Aug 15, 2025
Listed $995,000
Cancelled52 days on marketMLS 1010780
How this listing compares
Based on 13 sales in Prospect LakeMedian sold
$1,932,500
Avg days on market
32 days
Avg sale-to-list
98%
Avg $/sqft
$531
Price per square foot
Above area average
Current market in Prospect Lake
Active (same type)
6
Pending
1
All active listings
8
Months of supply
5.5
Balanced market — 5.5 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$725,200
Homes in Saanich West sell at 162.8% of assessed value on average.
Based on 233 recent sales.
Local price trend
How Prospect Lake has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales545 Tait St
$885,000
3 bd · 2 ba · 1,772 sqft · $499/sqft · 23 days on market
Sold Jul 28, 2026 · 98.3% of list
755 Mann Ave
$1,100,000
5 bd · 3 ba · 2,514 sqft · $438/sqft · 10 days on market
Sold Jul 28, 2026 · 100% of list
891 Lavender Ave
$980,000
4 bd · 2 ba · 2,635 sqft · $372/sqft · 42 days on market
Sold Jul 27, 2026 · 98% 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
4139 Carey Rd
$883,000
5 bd · 4 ba · 3,211 sqft · $275/sqft · 14 days on market
Sold Jul 24, 2026 · 95% of list
4573 Elk Lake Dr
$1,080,000
3 bd · 3 ba · 2,062 sqft · $524/sqft · 11 days on market
Sold Jul 24, 2026 · 100% of list
3264 Irma St
$1,575,000
8 bd · 5 ba · 4,507 sqft · $349/sqft · 22 days on market
Sold Jul 22, 2026 · 95.5% of list
523 Caselton Pl
$1,299,000
3 bd · 3 ba · 2,629 sqft · $494/sqft · 11 days on market
Sold Jul 22, 2026 · 99.9% of list
610 Ralph St
$1,175,000
4 bd · 2 ba · 3,091 sqft · $380/sqft · 8 days on market
Sold Jul 21, 2026 · 100% of list
201 Burnside Rd
$860,000
4 bd · 1 ba · 2,877 sqft · $299/sqft · 15 days on market
Sold Jul 21, 2026 · 95.6% of list
256 Cadillac Ave
$1,054,000
4 bd · 2 ba · 2,366 sqft · $445/sqft · 15 days on market
Sold Jul 20, 2026 · 100.5% of list
2872 Inez Dr
$1,195,000
4 bd · 3 ba · 3,240 sqft · $369/sqft · 11 days on market
Sold Jul 17, 2026 · 100.5% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$699,900 − $139,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$153,478
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?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.