Lot 3 Whittaker Rd
$700,000
Malahat Proper
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About this home
This is the kind of property you don’t just buy… you build a future on. ** DO NOT WALK SITE** have your agent book for Instant Access. Call for Links for all Photos & PDFs Set on 7.339 acres of flat, usable land, this rare offering gives you something almost impossible to find. Freedom without compromise. No steep slopes. No costly site prep surprises. Just a clean, build-ready lot. With multiple ideal building sites waiting for your vision to take shape. The essentials are already in place. A well and septic system are installed. Saving you time stress, and thousands in upfront development costs. Zoning allows for two residences, opening the door to a dream home + carriage house. Multigenerational living, or a smart long-term investment strategy. And while you design, plan, and secure permits? The property is already working for you. With approximately $17,000 per year in revenue-generating options currently in place. You are not just holding land—you’re holding an asset. This helps offset carrying costs while your plans come together. Private. Practical. Profitable. Whether you envision a legacy estate, a family compound, or a strategic build. With income potential, this is a rare opportunity to secure space, stability, and upside—all in one move. Land like this doesn’t come along often. And when it does, it doesn’t wait. (id:65179)
Property details
From the listing's public record.
Lot size
7.34 acres
Taxes
$2,139/yr
Strata / HOA
$0/month
Zoning
Residential
Lot
How this listing compares
Based on 13 sales in Malahat & AreaMedian sold
$470,000
Avg days on market
108 days
Avg sale-to-list
91.3%
Avg $/sqft
—
Current market in Malahat & Area
Active (same type)
13
Pending
1
All active listings
139
Months of supply
12
Buyer's market — 12 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Malahat & Area sell at 379.9% of assessed value on average.
Based on 13 recent sales.
Recent nearby sales
6 sales1894 Lakewood Rd
$825,000
— · — · — · 64 days on market
Sold May 6, 2026 · 68.8% of list
0 Trans Canada Hwy
$1,300,000
— · — · — · 44 days on market
Sold Apr 15, 2026 · 92.9% of list
Lot 11 Thain Rd
$950,000
— · — · — · 285 days on market
Sold Apr 15, 2026 · 86.4% of list
Lot 2 Braithwaite Dr
$423,500
— · — · — · 201 days on market
Sold Mar 19, 2026 · 95.2% of list
Lot 11 Goldstream Heights Dr
$407,500
— · — · — · 28 days on market
Sold Feb 17, 2026 · 95% of list
801 Trans Canada Hwy
$2,000,000
— · — · — · 57 days on market
Sold Jan 30, 2026 · 80% of list
What would this home cost?
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Monthly mortgage
—
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Loan amount
$700,000 − $140,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$153,500
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.
Listed by eXp Realty