- Active
8508 Emard Terrace
North Saanich · Single Family
- Beds
- 5
- Baths
- 3
- Sqft
- 2,509
- Built
- 1972
Listed by RE/MAX Camosun · MLS® 1052108
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Sign inAbout this home
Some properties stand apart for their setting, others for their architecture. On Emard Terr, both come together on a beautiful parcel of over one acre backing onto Quarry Park. With a forested upper portion, easterly views and beautiful sunrise enjoyed from the living room, this is a home with a distinctive connection to its surroundings. Post-and-beam construction, soaring vaulted ceilings and a mid-century feel give the home its character. The generous ceiling height creates an airy sense of space while the sundeck offers an inviting place to unwind and take in the natural setting. The main residence offers three bedrooms and two bathrooms, and a suite on the lower level adds flexibility for extended family or rental accommodation. The land is an equally compelling part of the offering. The upper wooded area creates a sense of seclusion and raises possibilities for the property’s future. Whether your vision includes exploring a carriage home, additional development or potential subdivision (these opportunities would be subject to zoning servicing requirements and municipal approvals). There is room here to consider your options while appreciating the natural beauty already in place. Despite the peaceful setting, Panorama Recreation Centre and everyday amenities are close by and you can enjoy the feeling of coming home to a forest retreat without giving up the convenience of a connected location. With Quarry Park directly behind the property nature is part of the experience of living here. For buyers drawn to architectural character, privacy and a generous parcel with possibilities, this property offers something special: a home to make your own, a setting to appreciate through the seasons and an opportunity to plan for the years ahead.
Home facts
- Bedrooms
- 5
- Bathrooms
- 3 full
- Interior
- 2,509 sq ft
- Year built
- 1972
- Parking
- 6
- Property type
- Single Family
- Fireplace
- 1
- Area
- Bazan Bay
- Style
- Other
- Listed
- October 15, 2026
- Structure
- House
- PID
- 003-773-931
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
- High ceilings
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
- Heating
- Heat Pump, Other
- Cooling
- Fully air conditioned, Air Conditioned
- Parking
- Other
- Lot
- Curb & gutter, Park setting, Private setting, Wooded area, Rocky, Other, Rectangular
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
- $6,517
- Property tax
- $400/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $7,067
Purchase snapshot
- List price
- $1,375,000
- Down payment
- $275,000 (20%)
- Estimated mortgage
- $1,100,000
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
- $4,611
- 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
- $2,430 a month
- Gross yield
- 2.1%
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.
- Agricultural Land Reserve
- In the ALR
- Provincial farmland protection restricts subdivision and non-farm use.
- 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 · 36%
Who lives here
Documents
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