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Investment signal

$899,000

2181 Navigators Rise

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Location

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About this home

Build Your Dream Home on Bear Mountain with NO GST!! Panoramic ocean, city & mountain views! Welcome to one of Bear Mountain’s premier building opportunities. This lot lot near the summit offers a rare chance to create a custom luxury home in one of the Westshore’s most desirable resort-style communities. Positioned to capture breathtaking southwest-facing views, the property showcases sweeping unobstructed views of Victoria, the Ocean, and the surrounding mountain ranges. An incredible backdrop for your future home. The lot provides excellent potential for a thoughtfully designed residence, including the option for a secondary suite, making it ideal for families, multi-generational living, or additional rental income. Residents of Bear Mountain enjoy access to world-class amenities, including two Jack Nicklaus–designed golf courses, tennis courts, a fitness and wellness center, resort-style pool facilities, fine dining, and extensive hiking and biking trails right at your doorstep. (id:65958)

Subtype: Vacant Land
Community: Bear Mountain
Common interest: Freehold
Lot size: 9,986 square feet
Lot dimensions: 9986
On market: Mar 7, 2026
Status changed: Apr 18, 2026
Annual tax: $4,740.9
Zoning: Residential
Photos: 17
MLS#: 1028005
Area: LANGFORD

Features and systems

Lot

Private settingSouthern exposurePartially clearedOtherRectangular

View

City viewMountain viewOcean view

Negative cash flow ~$1,753/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.70%

Cap rate

3.55%

GRM

16.6

Break-even rent

$6,345

Financing

Down payment$179,800

Loan amount$719,200

Mortgage$4,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412

Insurance$80

Maintenance$749

CapEx reserve$375

Vacancy loss$225

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle nearby

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

Mortgage estimate

Estimated $4,412/mo at 5.49% with 20% down, 25-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 18, 2026.