1 / 15
New buildInvestment signal

$1,499,000

4 2215 Greenlands Rd

Save this home

Beds

4

Baths

4

Sqft

Year

2026

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Welcome to 4-2215 Greenlands Road — a beautiful collection of brand new contemporary duplex homes in the heart of sought-after Gordon Head. These thoughtfully designed three-level residences feature 4 spacious bedrooms, 4 modern bathrooms, and rare double-car garages, offering the perfect blend of style, comfort, and everyday functionality. Inside, enjoy bright open-concept living spaces, clean architectural lines, and quality finishes throughout — ideal for families and professionals alike. The lower level includes its own bathroom, walk-in closet, and private entrance, making it perfect for a student, teenager, or flexible living space. Ideally located just minutes from top-rated schools, parks, recreation centres, and the University of Victoria, this home delivers both convenience and a strong sense of community. A rare opportunity to own a stylish new residence in one of Victoria’s most desirable neighbourhoods.(Projected completion October 2026) Call today for info - 250-589-6995 (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Structure
Duplex
Community
Arbutus
Common interest
Condo/Strata
Living area
2,225 square feet
Lot size
5,500 square feet
Lot dimensions
5500
Parking
2 total
Condo/HOA fee
$0 monthly
On market
Jan 28, 2026
Status changed
Apr 16, 2026
Annual tax
$5,318.1
Zoning
Residential
Photos
14
MLS#
1024251
Area
SAANICH

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Heat Pump

Cooling

Air Conditioned

Lot

Other

Community

Family OrientedPets Allowed
Negative cash flow ~$1,592/mo at these assumptions

Cash on cash

-6.37%

Cap rate

3.59%

GRM

16.7

Break-even rent

$9,176

Financing

Down payment$299,800
Loan amount$1,199,200
Mortgage$6,076/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$687
Insurance$80
Maintenance$1,249
CapEx reserve$625
Vacancy loss$375

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 $6,076/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 16, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.