Mill Bay · V8H1E1
$29,576/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Set on just under 2 acres with 275ft of private beachfront, this exceptional estate offers a combination of luxury, space & convenience. Built by GT Mann & designed by Ryan Hoyt Design, the 4,832sqft 5-bed, 4-bath main residence is under construction with completion set for June. Thoughtfully designed to capture its oceanfront setting, the home features soaring ceilings reaching nearly 20ft, walls of windows & timeless finishes including Vancouver Island marble & custom millwork. The layout is ideal for indoor-outdoor living, with a covered entry with exposed wood beams, an Arctic Spa hot tub & plumbing in place for a pool. The lower level offers a large rec room & flex space ideal for a gym, golf simulator, or media room & suite potential. Plus, a separate 1,164sqft 2-bed, 2-bath carriage house. Ideally located near world-class private schools with easy access to Victoria, this is a rare opportunity to secure a stunning new build in a desirable setting. Exempt from Foreign Buyer Ban.
7
Beds
5,996 ft²
Floor area
2025
Year built
Single Family
Type
Mill Bay
Area
Listed
March 25, 2026
$5,985,000 is 480.2% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
11 min
walk to Thrifty Foods
1h 21m
bike to nearest SkyTrain station
4h 29m
walk to nearest SkyTrain station
3h 4m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 83%
| Detached | 29 | 82.9% |
| Mobile home | 3 | 8.6% |
| Land | 2 | 5.7% |
| Condo / Apartment | 1 | 2.9% |
| $20,000 to $24,999 | 5 | 2.2% |
| $25,000 to $29,999 | 10 | 4.3% |
| $30,000 to $34,999 | 5 | 2.2% |
| $35,000 to $39,999 | 5 | 2.2% |
| $40,000 to $44,999 | 10 | 4.3% |
| $45,000 to $49,999 | 5 | 2.2% |
| $50,000 to $59,999 | 25 | 10.9% |
| $60,000 to $69,999 | 15 | 6.5% |
| $70,000 to $79,999 | 15 | 6.5% |
| $80,000 to $89,999 | 15 | 6.5% |
| $90,000 to $99,999 | 5 | 2.2% |
| $100,000 to $124,999 | 25 | 10.9% |
| $125,000 to $149,999 | 20 | 8.7% |
| $150,000 to $199,999 | 30 | 13.0% |
| $200,000 and over | 40 | 17.4% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$29,576
Principal and interest
Calculated estimate
$27,684
Property tax
Calculated estimate
$1,742/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$5,985,000
Down payment
Calculated estimate
$1,197,000 (20%)
Estimated mortgage
Calculated estimate
$4,788,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$29,576
/mo
Rate
%
Amortization
Principal and interest
$27,684
Property tax (est.)
$1,742
P&I
Tax
Down payment
$1,197,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $1,197,000 down (20%) on $5,985,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
