- Active
2898 Glenwood Avenue
Saanich · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,824
- Built
- 1940
Listed by DFH Real Estate Ltd. · MLS® 1029423
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Sign inAbout this home
A rare opportunity to secure an exceptional waterfront estate on the shores of Portage Inlet. Set on close to a ½ acre with breathtaking 270° water views, this private, sun-drenched property offers a truly serene coastal lifestyle just minutes from Victoria. Enjoy your own water access and launch a kayak or paddleboard right from your backyard, surrounded by nature and absolute tranquility. The setting is nothing short of spectacular—gently sloping to the water with incredible outlooks from every angle. Whether you choose to reimagine the existing home or build a custom residence, this property provides a world-class canvas. Included are plans for an award-winning design (2018 CARE Award – Best Home Design Concept), thoughtfully created to maximize the views and natural landscape. With a private drive, a bridge, and ample parking, this is a once-in-a-generation opportunity to create a signature waterfront home in an increasingly prestigious enclave.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,824 sq ft
- Lot size
- 20,038 sq ft
- Year built
- 1940
- Parking
- 3
- Property type
- Single Family
- Garage
- Yes
- Carport
- Yes
- Fireplace
- 1
- Area
- Portage Inlet
- Listed
- March 19, 2026
- Structure
- House
- PID
- 031-128-297
- Common interest
- Freehold
Highlights
- Ocean view
- Waterfront
- Private yard
Features and inclusions
- Heating
- Forced air
- Cooling
- None
- Parking
- Detached Garage, Carport
- Lot
- Moorage
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
- $7,342
- Property tax
- $450/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,942
Purchase snapshot
- List price
- $1,549,000
- Down payment
- $309,800 (20%)
- Estimated mortgage
- $1,239,200
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
- $8,056
- At 5.2008 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.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
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 · 41%
Who lives here
Documents
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