$2,750,000
2881 Phyllis St
Beds
6
Baths
5
Sqft
—
Year
1964
Type
Single Family
Suite
Suite potential
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
The unrivalled Ten Mile Point peninsula, known for its wooded coastal landscape, offers a serene seaside escape from the bustle of the city, home to prestigious estates, secluded beaches, and just minutes from popular Cadboro Bay Village. Tucked at the end of a quiet cul-de-sac on a 0.4-acre lot backing onto Konukson Park, 2881 Phyllis St greets you with stunning curb appeal, a cedar entrance, and custom fir doors and lighting. With almost 4,600 sq ft of flexible living space, this 5-6 bed, 5 bath home includes a versatile secondary suite with private entrance and laundry, ideal for in-laws, teens, or rental income. The main level features a gourmet kitchen, wood fireplace, hardwood floors, Italian tile, skylights, and multiple ensuites. Adjoining family rooms connected by French doors and a Sonos sound system running to outdoor spaces create an ideal entertaining flow. The private SW-facing yard offers mature trees, ample deck space, and a fire pit. Just minutes to amenities and UVic! (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Ten Mile Point
- Common interest
- Freehold
- Living area
- 4,592 square feet
- Lot size
- 17,544 square feet
- Lot dimensions
- 17544
- Parking
- 5 total
- Fireplace
- 2
- On market
- Mar 11, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $11,550.73
- Zoning
- Residential
- Photos
- 85
- MLS#
- 1025671
- Area
- SAANICH
Features and systems
Appliances
Heating
Cooling
Lot
View
Cash on cash
-6.25%
Cap rate
3.62%
GRM
16.7
Break-even rent
$16,763
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.