- Active
#2 – 525 Paradise Street
Esquimalt · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 1,137
- Built
- 2026
Listed by Initium Real Estate Ltd. · MLS® 1040523
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Sign inAbout this home
Welcome to Driftline. A collection of 4 modern & coastal homes thoughtfully designed for everyday living. Carefully crafted residences feature efficient layouts, premium finishes by M Design, energy-efficient heat pumps, and shared outdoor spaces designed for connection. Where refined design meets the relaxed sophistication of West Coast living, just moments from the ocean. With 3 bedrooms & 3 full bathrooms over two levels, these homes provide flexible living options for all demographics. Driftline’s exterior architecture reflects a calm sensibility, blending clean lines, natural texture, & modern coastal character. These homes are designed to feel connected to their setting while delivering a refined presence from every angle. Each home gets one parking space. DriftLine is positioned close to parks, recreation, waterfront access, & everyday essentials — giving future residents a coastal lifestyle with the convenience of nearby amenities. Estimated Completion Nov 15 2026
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 1,137 sq ft
- Lot size
- 6,000 sq ft
- Year built
- 2026
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- Old Esquimalt
- Listed
- June 16, 2026
- Structure
- Row / Townhouse
- PID
- 009-175-059
- Common interest
- Condo/Strata
Highlights
- Waterfront
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Heating
- Heat Pump, Electric, Other
- Cooling
- Fully air conditioned
- Parking
- Open, Street
- Lot
- Curb & gutter, Level lot
- Community
- Family Oriented, Pets Allowed
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $4,384
- Property tax
- $267/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,800
Purchase snapshot
- List price
- $924,900
- Down payment
- $184,980 (20%)
- Estimated mortgage
- $739,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $5,800
- At 6.2708 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 61%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.
