8480 Crofton Rd
Victoria · V0R1K5
$1,375,000
About this residence
Located in Crofton, this level and highly usable 12.65-acre property—partially within the Agricultural Land Reserve (ALR)—presents an exceptional opportunity for a range of residential, agricultural, or commercial uses. The property features a newly built ±3,600 sq ft shop, equipped with 600-amp, 3-phase underground electrical service. The structure includes a durable metal roof, insulated interior, overhead bay door, and a concrete floor—ideal for a variety of applications. Zoned A2, the land allows for numerous permitted uses, including agricultural activities, a community care facility, craft distillery, riding stables, and more. Adding further value, a foundation is already in place for a 3,100 sq ft home, with building plans available for review. A high-producing well delivers an impressive 90 gallons per minute. Ideally situated close to shops, ocean access, and the Salt Spring Island ferry, the property also offers convenient access to Duncan, Nanaimo, and Victoria—making it an excellent choice for both lifestyle and investment. (id:61366)
Property details
- Property type
- Other
- Style
- Commercial Mix
- Ownership
- Freehold
- Lot size
- 12.64
- Annual tax
- $4,487
- MLS®
- 1033590
- Board
- Victoria
- Status
- Active
- Listed
- Apr 27, 2026
- Updated
- Apr 27, 2026
Features & finishes
Lot
- Acreage
- Other
- Rectangular
Views
- Mountain view
- Valley view
Financing
Estimated monthly payment
$6,430/mo
Loan amount
$1,100,000
Down payment
$275,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Victoria
Nearby
About the area
Census · V0R- 72,310
- Population
- 51
- Median age
- $77,500
- Median income
- $680,000
- Median home value
- 82%
- Home ownership
- 26 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 8480 Crofton Rd?
8480 Crofton Rd is listed for $1,375,000, in Victoria.
What type of home is 8480 Crofton Rd?
8480 Crofton Rd is a Other, Commercial Mix.
How large is 8480 Crofton Rd?
The home offers a lot measuring 12.64.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $6,430. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,487 per year.
What is the Victoria area like?
Victoria has a population of about 72,310, a median age of 51, a 82% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Victoria?
The median dwelling value in this area is approximately $680,000, based on census data via Neighbourly.
What is the median household income in Victoria?
The median household income in this area is approximately $77,500.
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