Welcome to 412 Seaview Place, a custom-built executive home with breathtaking views of Salt Spring Island, Satellite Channel, and Mount Baker. Located in the gated 55+ community of Arbutus Ridge, enjoy resort-style living with a golf course, pool, gym, tennis, RV parking, 24/7 security, and vibrant social clubs, all minutes from essential amenities. Built in 2014, this main-level living home features a gourmet kitchen with Dacor gas stove, walk-in pantry, and gas BBQ hookup. Interior highlights include engineered hardwood, coffered ceilings, E3 Low-E windows, surround sound, and a gas fireplace. The primary suite offers a spa-like ensuite, walk-in closet, and in-floor heat. A private office, guest bath, laundry, and double garage complete the main level. Downstairs includes two bedrooms, full bath, rec room with fireplace, storage, and a versatile bonus space, plus an unfinished third level ready for your ideas. Discover refined West Coast living at its finest.
Listed by RE/MAX Generation - The Neal Estate Group. Last updated Jun 29, 2026, 6:00 PM.
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.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $334,000 down (20%) on $1,670,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from 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.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 5 km of this listing · 48 listings
Detached
41
85.4%
Land
4
8.3%
Duplex
1
2.1%
Mobile home
1
2.1%
Multi-family
1
2.1%
Source: active, display-eligible listings within 5 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Cowichan Valley C · 2,205 dwellings
Single-detached1,975 · 89.6%
Movable dwelling140 · 6.3%
Semi-detached45 · 2.0%
Apartment in duplex35 · 1.6%
Low-rise apartment10 · 0.5%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59190315· Cowichan Valley C· Transit 5/100· 1.17 km²
Median rent here
$1,480
Owner shelter cost
$516
Renters
2.4%
30%+ on shelter
6.0%
Population (2021)
707
Median age
73.5
Avg household size
1.7
Avg household income
$101,200
Renters
2.4%
Owners
96.4%
Immigrants
24.5%
Post-secondary
75.7%
Avg home value
$840,000
Single status
3.5%
Not in labour force
85.3%
Households with kids
2.5%
Median rent
$1,480
Owner shelter cost
$516
30%+ on shelter
6.0%
Breakdown
$15,000 to $19,999
5
1.3%
$20,000 to $24,999
5
1.3%
$25,000 to $29,999
5
1.3%
$30,000 to $34,999
10
2.5%
$35,000 to $39,999
15
3.8%
$40,000 to $44,999
15
3.8%
$45,000 to $49,999
15
3.8%
$50,000 to $59,999
25
6.3%
$60,000 to $69,999
45
11.3%
$70,000 to $79,999
35
8.8%
$80,000 to $89,999
45
11.3%
$90,000 to $99,999
30
7.5%
$100,000 to $124,999
60
15.0%
$125,000 to $149,999
45
11.3%
$150,000 to $199,999
20
5.0%
$200,000 and over
25
6.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59190315).
Market story
Rent in Cowichan Valley C
Census 2021 avg $1,480/mo here · Vancouver 3BR rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
