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Legal suite

$1,800,000

1035 Briarwood Cres

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Beds

8

Baths

6

Sqft

Year

1974

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Mill Bay. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Rare 5,350 sq ft country residence set on 2.5 private acres in an established area of large, well-spaced properties, just minutes from Mill Bay Centre. With 8 bedrooms and 6 bathrooms, including a self-contained 2-bedroom legal suite above the oversized double garage, this exceptional home offers outstanding flexibility for large families, multigenerational living, guests, or added income potential. The main residence features 6 bedrooms and 5 bathrooms, with generously sized rooms throughout and bright gathering spaces designed for both comfortable daily living and entertaining. The spacious chef’s kitchen is beautifully appointed with large quartz countertops, stainless steel appliances, and abundant workspace. Two heat pumps provide efficient, economical heating and air conditioning throughout the home and suite, complemented by a fireplace and wood stove for added warmth and charm. The layout is wonderfully versatile, including a second primary bedroom on the main floor with its own en-suite, offering excellent flexibility for a variety of living arrangements. Outside, you’ll enjoy a sunny south-facing rear yard, patio areas, a wraparound veranda perfect for year-round barbecues and relaxing, plus a private first-floor deck accessible from both the main house and suite. The established grounds include expansive lawns, a duck pond, a stunning magnolia tree, fruit trees, ample wood and water, and a separate shop ideal for woodworking or other hobbies. Recent upgrades also include the well pump, hot water tank, and well tank. The large south-facing roof may offer excellent solar potential. This is a rare offering that blends peaceful country appeal with everyday convenience. Close to Brentwood College, Shawnigan Lake School, St. John’s Academy, and public schools, and an easy drive to Shawnigan Lake, Duncan, Langford, and Victoria. (id:65958)

Subtype
Single Family
Architectural style
Westcoast
Structure
House
Community
Mill Bay
Common interest
Freehold
Living area
5,352 square feet
Lot size
2.59 acres
Lot dimensions
2.59
Parking
10 total
Fireplace
2
On market
Apr 22, 2026
Status changed
Apr 23, 2026
Annual tax
$7,361.42
Zoning
Unknown
Photos
60
MLS#
1032041
Area
MILL_BAY

Features and systems

Appliances

WasherRefrigeratorRange - GasRange - ElectricDishwasherDryerMicrowaveFreezerJetted Tub

Heating

Heat PumpBaseboard heatersForced airPropaneWood

Cooling

Central air conditioningAir Conditioned

Lot

AcreageCentral locationPark settingSouthern exposureOther

View

Valley view
Negative cash flow ~$191/mo at these assumptions

Cash on cash

-0.64%

Cap rate

4.74%

GRM

13.9

Break-even rent

$11,001

Financing

Down payment$360,000
Loan amount$1,440,000
Mortgage$7,296/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$825
Insurance$80
Maintenance$1,500
CapEx reserve$750
Vacancy loss$540

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $7,296/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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