- Active
537 Cromar Road
North Saanich · Vacant Land
Listed by eXp Realty · MLS® 1047420
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Sign inAbout this home
Rare opportunity to secure a prime buildable lot in the highly sought-after North Saanich community. Located on peaceful Cromar Rd, this generous R-2 zoned property offers excellent potential for those looking to build their dream home in a private, natural setting. Surrounded by mature trees and established residences, the lot provides a serene West Coast environment with desirable southern exposure, allowing for abundant natural light throughout the day. The property’s size and zoning offer flexibility for a variety of building options, making it an ideal choice for custom home builders, investors, or those looking to create a long-term residence. The lot is well-positioned within a quiet residential pocket, offering both privacy and accessibility. Enjoy being just minutes from Deep Cove, local beaches, parks, marinas, and farm stands, while still within close proximity to Sidney, the airport, and BC Ferries. This is a rare chance to build in one of Vancouver Island’s most desirable rural-residential communities, where lifestyle and long-term value come together.
Home facts
- Property type
- Vacant Land
- Area
- Deep Cove
- Listed
- August 20, 2026
- PID
- 016-368-321
- Common interest
- Freehold
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
- $4,384
- Property tax
- $267/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,801
Purchase snapshot
- List price
- $925,000
- Down payment
- $185,000 (20%)
- Estimated mortgage
- $740,000
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
- $3,102
- At 3.3537 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
For investors
As a rental
- Estimated rent
- $980 a month
- Gross yield
- 1.3%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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 · 70%
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.
