- Active
DL54 Malahat Street
Malahat · Vacant Land
Listed by RE/MAX Camosun · MLS® 1033198
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Sign inAbout this home
Exceptional 40-acre ocean view parcel in the sought-after Goldstream Heights area of the Malahat, within the Capital Regional District (CRD). Located in the Malahat Settlement Area of the OCP, this property supports future residential and mixed-use development, with a clear path to subdivision and target parcel sizes of approximately 1 hectare (2.47 acres). The designation encourages well-planned integration of residential and commercial uses, supported by guidelines that protect long-term value and livability. Part of a rare 400+ acre land assembly, including a neighbouring 338-acre parcel and 22-acre industrial site, offering scale for a comprehensive master-planned vision. Ocean views, privacy, and convenient access to the Trans-Canada Highway, all within easy reach of Greater Victoria. Buyers to verify permitted uses with the CRD.
Home facts
- Property type
- Vacant Land
- Area
- Malahat Proper
- Listed
- April 23, 2026
- PID
- 009-359-419
- Common interest
- Freehold
Highlights
- Ocean view
- Mountain view
Features and inclusions
- Lot
- Acreage, Cul-de-sac, Hillside, Park setting, Private setting, Wooded area, See remarks, Other, Rectangular, Marine Oriented
Rooms and building
- Water
- Zoning
- Unknown
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
- $9,479
- Property tax
- $583/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $10,212
Purchase snapshot
- List price
- $1,999,900
- Down payment
- $399,980 (20%)
- Estimated mortgage
- $1,599,920
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
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
- Extreme 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
Land · 51%
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.