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2316 Magnolia Lane

$599,900

Sunriver

Condo3 bd · 2 ba · 1,168 sqftBuilt 2021$514/sqft16 days on market

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About this home

Three bedroom two full bathroom patio home at Rivers Edge Village in Sunriver Estates! 2021 built one level rancher just under 1200sqft situated on a 4271sqft lot with showcase rear patio area featuring large covered pergola for year round outdoor enjoyment. Home features include spacious 9' ceilings, gas fireplace in living room, open concept design, chefs kitchen with quartz countertops, entertaining island, large pantry cabinet and stainless steel appliances with gas range, primary bedroom overlooks the landscaped backyard and features walk-in closet plus full ensuite with walk-in shower. Other upgrades include all new lighting, new carpets in bedrooms and murphy bed in second bedroom. Gorgeous landscaping with must see gardens in the fully fenced and private backyard. Garage with workshop bench and double wide driveway for easy parking. Gated community surrounded by nature with walking trails and Sooke River out your door. Easy access to the highway for a short drive into Langford! (id:65179)

Property details

From the listing's public record.

Lot size

4,271 square feet

Year built

2021

Taxes

$4,186/yr

Strata / HOA

$706/month

Zoning

Residential

Appliances

WasherRefrigeratorRange - GasDishwasherDryerMicrowave

Heating

ElectricNatural gas

Lot

Level lotSouthern exposure

Community

Family OrientedPets Allowed

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 10, 2026

    Listed $599,900

    Active16 days on marketMLS 1042921
  2. May 20, 2021

    $368,800

    SoldMLS 861191

How this listing compares

Based on 12 sales in Sooke

Median sold

$552,500

Avg days on market

65 days

Avg sale-to-list

97.6%

Avg $/sqft

$617

Price per square foot

This home: $514/sqftArea average: $617/sqft

Below area average

Current market in Sooke

Active (same type)

84

Pending

1

All active listings

316

Months of supply

84

Buyer's market84 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$707,000

Homes in Sooke sell at 102.5% of assessed value on average.

Based on 12 recent sales.

Local price trend

How Sunriver has moved over the last decade.

156247339Aug 2016Nov 2020Apr 2024

Local price index (normalized) · 11 months

Recent nearby sales

7 sales
  • 102-2057 Kaltasin Rd

    $365,000

    1 bd · 1 ba · 737 sqft · $495/sqft · 51 days on market

    Sold Jul 20, 2026 · 98.9% of list

  • 402-1820 Maple Ave

    $949,900

    2 bd · 2 ba · 1,116 sqft · $851/sqft · 55 days on market

    Sold Jun 5, 2026 · 100% of list

  • 203-6609 Goodmere Rd

    $607,500

    1 bd · 1 ba · 763 sqft · $796/sqft · 142 days on market

    Sold Jun 3, 2026 · 98.1% of list

  • 102-6671 Horne Rd

    $699,000

    2 bd · 2 ba · 872 sqft · $802/sqft · 50 days on market

    Sold May 19, 2026 · 98.5% of list

  • 8b-1000 Sookepoint Pl

    $950,000

    2 bd · 2 ba · 1,053 sqft · $902/sqft · 50 days on market

    Sold May 5, 2026 · 96.5% of list

  • 106-1987 Kaltasin Rd

    $400,000

    2 bd · 1 ba · 1,149 sqft · $348/sqft · 31 days on market

    Sold Apr 22, 2026 · 94.1% of list

  • 10-1956 Glenidle Rd

    $360,000

    1 bd · 1 ba · 716 sqft · $503/sqft · 12 days on market

    Sold Feb 12, 2026 · 95% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$599,900 − $119,980

$479,920

Down payment

20.0%

$119,980

Property Transfer Tax

$9,998

Legal / closing (est.)

$1,500

Cash to close

$131,478

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

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