- Active
2788 Sheldrake Place
Mill Bay · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 912
- Built
- 2024
Listed by eXp Realty · MLS® 1049895
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Sign inAbout this home
Welcome to 2788 Sheldrake Place, a rare opportunity to build your dream home on a beautiful 1 acre parcel in one of Mill Bay's most desirable locations. What sets this property apart is that much of the groundwork is already complete, with a beautifully finished carriage home and substantial shop ready for immediate use. The thoughtfully designed 2 bedroom carriage home features vaulted ceilings, in suite laundry, a custom fireplace, and comfortable modern living spaces. Live in it while you build, rent it out for supplemental income, accommodate family, or hold it as a valuable long term asset. The flexibility is exceptional. Below, the oversized two bay garage and shop offers 12 foot ceilings and abundant room for vehicles, equipment, storage, hobbies, or workshop space. Whether your vision is a custom estate home, a private family retreat, or a legacy property, this offering provides a unique head start. Enjoy the ability to move forward with your dream home while already having a quality residence and shop established on the property. Located just minutes from Mill Bay amenities, schools, shopping, marinas, and convenient access to Victoria, this is a rare opportunity to secure acreage, flexibility, and future potential in a highly sought after community.
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 912 sq ft
- Year built
- 2024
- Parking
- 8
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- Mill Bay
- Style
- Other
- Listed
- September 17, 2026
- Structure
- House
- PID
- 031-781-489
- Common interest
- Freehold
Highlights
- In-suite laundry
- High ceilings
- Fireplace
Features and inclusions
- Heating
- Baseboard heaters, Natural gas
- Cooling
- None
- Parking
- Garage, Other, Additional Parking
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
- $4,242
- Property tax
- $258/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,650
Purchase snapshot
- List price
- $894,999
- Down payment
- $179,000 (20%)
- Estimated mortgage
- $715,999
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
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
Detached · 66%
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.