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8585 Lochside Dr

$3,495,000

Bazan Bay

Detached5 bd · 4 ba · 2,904 sqftBuilt 1964$1,204/sqft6 days on market

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About this home

Exceptional low-bank waterfront living with breathtaking views of Haro Strait, the Gulf Islands, and Sidney’s shoreline sparkling in the distance. Beautifully renovated by GT Mann Contracting, this impeccably maintained residence blends coastal elegance with modern comfort. Expansive windows frame the ever-changing seascape, while open-concept living connects seamlessly to spectacular waterfront entertaining areas. The thoughtfully designed home offers beautifully appointed interiors, a stunning kitchen, inviting gathering spaces, and a private primary retreat. A detached guest cottage with loft, detached garage and workshop, landscaped grounds, direct beach access, and a private mooring buoy complete this remarkable offering. Wake to stunning sunrises, watch boats sail by, and enjoy the beauty of the Salish Sea from your own shoreline. Ideally situated minutes from Sidney, BC Ferries, Victoria International Airport, marinas, and recreation. West Coast waterfront living at its finest (id:65179)

Property details

From the listing's public record.

Lot size

0.51 acres

Year built

1964

Taxes

$8,130/yr

Zoning

Residential

View

Mountain viewOcean view

Waterfront

Waterfront on ocean

Appliances

WasherRefrigeratorHot TubRange - GasDishwasherDryerMicrowaveOven - Built-In

Heating

Heat PumpForced airElectric

Cooling

Fully air conditionedAir Conditioned

Lot

Private settingPartially clearedMarine Oriented

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

Jul 14, 2026
Listed $3,495,000
Active6 days on marketMLS 1043115
Jun 23, 2026
Listed $3,595,000
Ddf_delisted20 days on marketMLS 1041331
Feb 26, 2021
$2,300,000
Sold25 days on marketMLS 860616

How this listing compares

Based on 11 sales in Bazan Bay

Median sold

$1,340,000

Avg days on market

41 days

Avg sale-to-list

96.8%

Avg $/sqft

$501

Price per square foot

This home: $1,204/sqft·Area average: $501/sqft

Above area average

Current market in Bazan Bay

Active (same type)

Pending

All active listings

Months of supply

14.2

Buyer's market — 14.2 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$2,724,000

Homes in North Saanich sell at 110.4% of assessed value on average.

Based on 163 recent sales.

Local price trend

How Bazan Bay has moved over the last decade.

Local price index (normalized) · 116 months

Recent nearby sales

12 sales

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
845 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
11391 West Saanich Rd
$1,615,000
4 bd · 4 ba · 3,780 sqft · $427/sqft · 15 days on market
Sold Jul 17, 2026 · 95.9% of list
9236 Pinetree Rd
$1,365,000
7 bd · 5 ba · 5,194 sqft · $263/sqft · 15 days on market
Sold Jul 17, 2026 · 101.5% of list
10978 Cedar Lane
$1,326,000
3 bd · 2 ba · 3,498 sqft · $379/sqft · 14 days on market
Sold Jul 16, 2026 · 102% 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
1940 Brackman Way
$1,050,000
4 bd · 3 ba · 2,310 sqft · $455/sqft · 47 days on market
Sold Jul 13, 2026 · 95.5% of list
11379 West Saanich Rd
$1,475,000
3 bd · 2 ba · 2,784 sqft · $530/sqft · 186 days on market
Sold Jul 10, 2026 · 95.2% 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
1126 Highview Pl
$2,400,000
4 bd · 4 ba · 5,426 sqft · $442/sqft · 4 days on market
Sold Jul 8, 2026 · 87.3% of list
560 Salmon Rd
$1,880,000
6 bd · 5 ba · 6,540 sqft · $287/sqft · 28 days on market
Sold Jul 7, 2026 · 99% 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

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

$3,495,000 − $699,000

$2,796,000

Down payment

20.0%

$699,000

Property Transfer Tax

$92,750

Legal / closing (est.)

$1,500

Cash to close

$793,250

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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8585 Lochside Dr

Interested in this home?

About this home

Property details

Price history

How this listing compares

Current market in Bazan Bay

Assessment

Local price trend

Recent nearby sales

What would this home cost?

Want a real rate?

More on this listing

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