Victoria Real Estate
537 Cromar Rd photo 1 of 11
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537 Cromar Rd

$925,000

Deep Cove

Land— · — · —10 days on market

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About this home

Rare opportunity to secure a prime buildable lot in the highly sought-after North Saanich community. Located on peaceful Cromar Rd, this generous R-2 zoned property offers excellent potential for those looking to build their dream home in a private, natural setting. Surrounded by mature trees and established residences, the lot provides a serene West Coast environment with desirable southern exposure, allowing for abundant natural light throughout the day. The property’s size and zoning offer flexibility for a variety of building options, making it an ideal choice for custom home builders, investors, or those looking to create a long-term residence. The lot is well-positioned within a quiet residential pocket, offering both privacy and accessibility. Enjoy being just minutes from Deep Cove, local beaches, parks, marinas, and farm stands, while still within close proximity to Sidney, the airport, and BC Ferries. This is a rare chance to build in one of Vancouver Island’s most desirable rural-residential communities, where lifestyle and long-term value come together. (id:65179)

Property details

From the listing's public record.

Lot size

0.87 acres

Taxes

$3,825/yr

Zoning

Residential

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 20, 2026

    Listed $925,000

    Active10 days on marketMLS 1047420
  2. Apr 13, 2026

    Listed $995,000

    Ddf_delisted129 days on marketMLS 1031474

How this listing compares

Based on 9 sales in North Saanich

Median sold

$882,000

Avg days on market

83 days

Avg sale-to-list

95.7%

Avg $/sqft

Current market in North Saanich

Active (same type)

11

Pending

0

All active listings

92

Months of supply

14.7

Buyer's market14.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,081,000

Homes in North Saanich sell at 95.2% of assessed value on average.

Based on 9 recent sales.

Recent nearby sales

8 sales
  • 10880 Greenpark Dr

    $605,000

    — · — · — · 162 days on market

    Sold Aug 24, 2026 · 86.6% of list

  • 816 Birch Rd

    $882,000

    — · — · — · 78 days on market

    Sold Jul 31, 2026 · 102.6% of list

  • 750 Dalkeith Ave

    $1,000,000

    — · — · — · 21 days on market

    Sold Jun 8, 2026 · 93% of list

  • 10956 Chalet Rd

    $610,000

    — · — · — · 21 days on market

    Sold Jun 1, 2026 · 95.4% of list

  • 550 Norris Rd

    $1,150,900

    — · — · — · 7 days on market

    Sold May 11, 2026 · 100.1% of list

  • 10826 Derrick Rd

    $880,000

    — · — · — · 69 days on market

    Sold Apr 24, 2026 · 97.8% of list

  • 10820 Derrick Rd

    $875,000

    — · — · — · 45 days on market

    Sold Mar 18, 2026 · 99.4% of list

  • 10610 Derrick Rd

    $900,000

    — · — · — · 238 days on market

    Sold Mar 10, 2026 · 95.2% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

Enter a rate to see the payment.

Loan amount

$925,000 − $185,000

$740,000

Down payment

20.0%

$185,000

Property Transfer Tax

$16,500

Legal / closing (est.)

$1,500

Cash to close

$203,000

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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More on this listing

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