Mill Bay · V0R2P2
$4,672/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Welcome to 2788 Sheldrake Place, a rare opportunity to build your dream home on a beautiful 1 acre parcel in one of Mill Bay's most desirable locations. What sets this property apart is that much of the groundwork is already complete, with a beautifully finished carriage home and substantial shop ready for immediate use. The thoughtfully designed 2 bedroom carriage home features vaulted ceilings, in suite laundry, a custom fireplace, and comfortable modern living spaces. Live in it while you build, rent it out for supplemental income, accommodate family, or hold it as a valuable long term asset. The flexibility is exceptional. Below, the oversized two bay garage and shop offers 12 foot ceilings and abundant room for vehicles, equipment, storage, hobbies, or workshop space. Whether your vision is a custom estate home, a private family retreat, or a legacy property, this offering provides a unique head start. Enjoy the ability to move forward with your dream home while already having a quality residence and shop established on the property. Located just minutes from Mill Bay amenities, schools, shopping, marinas, and convenient access to Victoria, this is a rare opportunity to secure acreage, flexibility, and future potential in a highly sought after community.
2
Beds
2024
Year built
Vacant Land
Type
Mill Bay
Area
Listed
June 30, 2026
Nearby & Commute
20 min
walk to Thrifty Foods
1h 18m
bike to nearest SkyTrain station
4h 20m
walk to nearest SkyTrain station
3h 6m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 77%
| Detached | 27 | 77.1% |
| Land | 4 | 11.4% |
| Mobile home | 3 | 8.6% |
| Condo / Apartment | 1 | 2.9% |
| $15,000 to $19,999 | 15 | 2.8% |
| $20,000 to $24,999 | 30 | 5.7% |
| $25,000 to $29,999 | 15 | 2.8% |
| $30,000 to $34,999 | 20 | 3.8% |
| $35,000 to $39,999 | 20 | 3.8% |
| $40,000 to $44,999 | 20 | 3.8% |
| $45,000 to $49,999 | 30 | 5.7% |
| $50,000 to $59,999 | 25 | 4.7% |
| $60,000 to $69,999 | 35 | 6.6% |
| $70,000 to $79,999 | 35 | 6.6% |
| $80,000 to $89,999 | 30 | 5.7% |
| $90,000 to $99,999 | 35 | 6.6% |
| $100,000 to $124,999 | 60 | 11.3% |
| $125,000 to $149,999 | 40 | 7.5% |
| $150,000 to $199,999 | 75 | 14.2% |
| $200,000 and over | 45 | 8.5% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,672
Principal and interest
Calculated estimate
$4,256
Property tax
Calculated estimate
$267/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$920,000
Down payment
Calculated estimate
$184,000 (20%)
Estimated mortgage
Calculated estimate
$736,000
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
$4,672
/mo
Rate
%
Amortization
Principal and interest
$4,256
Property tax (est.)
$267
P&I
Tax
Down payment
$184,000 (20%)
Get Pre-Approved
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 $184,000 down (20%) on $920,000, 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.
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.
