The highest assessed residence on the Saanich Peninsula is a 13,000-square-foot waterfront home in Central Saanich, the sale of which for $22.75 million last fall set a new record.
Notably, the sale price for 8404 Lawrence Rd. is more than double its assessed value as of July 1, 2021 of just under $11.15 million.
The home, which sold to an unknown buyer for its asking price, features a private beach and boat launch. Other amenities in the six-bedroom home include eight bathrooms and various recreational and culinary facilities, including a detached yoga studio and underground wine cellar.
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The second-most valued Peninsula residential property, according to recently released BC Assessment Authority figures, is another Central Saanich address, 460 Westview Rd., which has been assessed at $10.31 million. Third on the list is 9344 Ardmore Dr. in North Saanich, with an assessed value of $9.82 million.
In fact, Ardmore Drive is home to five of the 10 highest assessed properties in North Saanich. Four properties on West Saanich Road (split evenly across North Saanich and Central Saanich) also make the list of the 30 highest assessed values on the Saanich Peninsula.
Central Saanich and North Saanich properties dominate the Top 10. The highest assessed property in Sidney was 10493 Allbay Rd. coming in at $6.94 million, 15th highest among the three communities.
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