Saanich · V8Y2M9
$9,613/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Ocean views define this exceptional Parker Avenue residence, set along one of Cordova Bay’s most coveted streets and just steps from Fenn Beach and Parker Park. Custom built in 1974, this distinctive steel-and-concrete West Coast home offers 2,968 sqft. of finished living space on a 14,982 sqft. lot, combining architectural character, privacy and flexibility in a setting that is increasingly hard to replicate. Inside, exposed beams, warm wood ceilings, high ceilings and expansive windows create bright, open interiors with a strong connection to the surrounding landscape. The outlook is a defining feature, with ocean views complemented by Mt. Baker to the east and Mt. Doug to the south. The home is currently configured for executive living with additional accommodation, with both levels fully above grade, spacious and self-contained. For buyers who prefer a traditional single-family layout, the original interior staircase remains intact behind concealed framing and can be reopened to reconnect the two levels with relative ease. Significant renovations have been completed throughout, while rooftop solar, upgraded 200-amp electrical service, natural gas and two wood-burning fireplaces add comfort and functionality. Nearly 2,060 sq.ft. of decks and patio extend the living outdoors, with gas BBQ connections on both levels and multiple areas for dining, entertaining and enjoying the views. The large, fully fenced backyard opens into a private forested retreat with mature olive, cherry, quince and plum trees — an extraordinary environment for children, pets, gardening or simply escaping into nature. A separate finished studio provides ideal space for an executive office, gym, workshop or creative use, while the garage adds valuable storage. A rare combination of architectural distinction, ocean views, executive living, income flexibility and a true family backyard, 5248 Parker is a singular offering in one of Cordova Bay’s most desirable coastal locations.
5
Beds
2,968 ft²
Floor area
1974
Year built
Single Family
Type
Cordova Bay
Area
Listed
September 10, 2026
Nearby & Commute
55 min
walk to Thrifty Foods
47 min
bike to Selkirk Landing
2h 35m
walk to Selkirk Landing
3h 26m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 51%
| Detached | 36 | 51.4% |
| Condo / Apartment | 24 | 34.3% |
| Townhouse | 7 | 10.0% |
| Land | 2 | 2.9% |
| Duplex | 1 | 1.4% |
| $20,000 to $24,999 | 5 | 2.0% |
| $40,000 to $44,999 | 5 | 2.0% |
| $45,000 to $49,999 | 5 | 2.0% |
| $50,000 to $59,999 | 10 | 4.0% |
| $60,000 to $69,999 | 15 | 6.0% |
| $70,000 to $79,999 | 10 | 4.0% |
| $80,000 to $89,999 | 10 | 4.0% |
| $90,000 to $99,999 | 15 | 6.0% |
| $100,000 to $124,999 | 35 | 14.0% |
| $125,000 to $149,999 | 20 | 8.0% |
| $150,000 to $199,999 | 35 | 14.0% |
| $200,000 and over | 85 | 34.0% |
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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
$9,613
Principal and interest
Calculated estimate
$8,904
Property tax
Calculated estimate
$558/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,925,000
Down payment
Calculated estimate
$385,000 (20%)
Estimated mortgage
Calculated estimate
$1,540,000
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
$9,613
/mo
Rate
%
Amortization
Principal and interest
$8,904
Property tax (est.)
$558
P&I
Tax
Down payment
$385,000 (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 $385,000 down (20%) on $1,925,000, 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.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
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.
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.
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.
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.
