Victoria Real Estate
701 Madrona Pl photo 1 of 1

701 Madrona Pl

$1,499,900

Thetis Heights

Detached4 bd · 4 ba · 2,869 sqftBuilt 2026$523/sqft16 days on market

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About this home

Looking for the best design, materials & craftmanship for the $ and a builder with a long history of delivering top quality homes.? Make this one a must see. Approx 3272 sq feet including roomy 1 bed suite with a side entry & sep heat & cooling. Features include heated tile floors in ensuite & main bathroom, quartz counter tops (waterfall on Island), deluxe cabinets with Bosch built in oven, hidden Elise fridge, fenced easy care back yard & gas fireplace in living room. Roughed in Vacum system. Wired for security ststem. Both ensuite and main bath feature floor to cieling tiled showers. Ensuite also has free standing tub, heated floor, 3ft high tiled splash wall, quart counters and raised sinks. The 1 bedroom suite with a separate side entry is almost a s nicely finished as the main to allow for a top rent. Too many featues to list in this home. Easy appts. Book one today. (id:65179)

Property details

From the listing's public record.

Lot size

5,168 square feet

Year built

2026

Taxes

$0/yr

Zoning

Residential

View

Mountain view

Appliances

WasherRefrigeratorDishwasherDryerOven - Built-In

Heating

Heat PumpNatural gas

Cooling

Air Conditioned

Lot

Cul-de-sacLevel lotPrivate settingRectangular

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 11, 2026

    Listed $1,499,900

    Active16 days on marketMLS 1042154

How this listing compares

Based on 21 sales in Thetis Heights

Median sold

$975,000

Avg days on market

48 days

Avg sale-to-list

97.5%

Avg $/sqft

$361

Price per square foot

This home: $523/sqftArea average: $361/sqft

Above area average

Current market in Thetis Heights

Active (same type)

5

Pending

3

All active listings

29

Months of supply

2.9

Seller's market2.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$572,000

Homes in Langford sell at 105.1% of assessed value on average.

Based on 372 recent sales.

Local price trend

How Thetis Heights has moved over the last decade.

5982104Aug 2016Jul 2021Jun 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 2967 Irwin Rd

    $1,325,000

    5 bd · 4 ba · 3,592 sqft · $369/sqft · 30 days on market

    Sold Jul 21, 2026 · 98.2% of list

  • 974 Wild Ridge Way

    $1,151,000

    5 bd · 3 ba · 3,362 sqft · $342/sqft · 14 days on market

    Sold Jul 18, 2026 · 100.1% of list

  • 1367 Flint Ave

    $1,430,000

    5 bd · 4 ba · 4,168 sqft · $343/sqft · 55 days on market

    Sold Jul 17, 2026 · 98.6% of list

  • 1348 Flint Ave

    $1,280,000

    4 bd · 4 ba · 2,925 sqft · $438/sqft · 98 days on market

    Sold Jul 17, 2026 · 98.5% of list

  • 1552 Atlas Dr

    $1,032,045

    3 bd · 4 ba · 2,305 sqft · $448/sqft · 45 days on market

    Sold Jul 16, 2026 · 103.2% of list

  • 3584 Vitality Rd

    $873,800

    4 bd · 3 ba · 2,379 sqft · $367/sqft · 15 days on market

    Sold Jul 16, 2026 · 99.4% of list

  • 3628 Vitality Rd

    $1,080,000

    5 bd · 3 ba · 2,629 sqft · $411/sqft · 15 days on market

    Sold Jul 15, 2026 · 96.4% of list

  • 3178 Monnington Pl

    $910,000

    3 bd · 2 ba · 1,604 sqft · $567/sqft · 18 days on market

    Sold Jul 15, 2026 · 101.2% of list

  • 3384 Crossbill Terr

    $710,000

    3 bd · 3 ba · 1,471 sqft · $483/sqft · 15 days on market

    Sold Jul 14, 2026 · 97.9% of list

  • 2145 Players Dr

    $1,400,000

    5 bd · 4 ba · 4,336 sqft · $323/sqft · 62 days on market

    Sold Jul 14, 2026 · 93.3% of list

  • 3407 Ambrosia Cres

    $985,000

    3 bd · 2 ba · 1,885 sqft · $523/sqft · 22 days on market

    Sold Jul 14, 2026 · 99.2% of list

  • 964 Loch Glen Pl

    $828,000

    4 bd · 2 ba · 1,570 sqft · $527/sqft · 56 days on market

    Sold Jul 10, 2026 · 98.6% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,499,900 − $299,980

$1,199,920

Down payment

20.0%

$299,980

Property Transfer Tax

$27,998

Legal / closing (est.)

$1,500

Cash to close

$329,478

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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