Metchosin

Metchosin sits at the southern tip of Vancouver Island like a secret the locals prefer to keep quiet about. This rural district of just over 5,000 residents has mastered the art of staying gloriously underdeveloped while being a mere 30-minute drive from downtown Victoria.

The numbers tell a story that mortgage brokers should pay attention to. With a median household income of $104,000 and 70% maximum LTV available through Tekamar, there’s solid equity backing these deals. The housing market here is refreshingly straightforward—nearly 78% single-detached homes on larger lots where neighbors can’t hear your morning coffee routine.

What makes Metchosin different isn’t just the ocean views or the fact that it’s one of the last places on southern Vancouver Island where you can still buy acreage without selling a kidney. It’s the demographic sweet spot: a median age of 50.8 years with 26% seniors who’ve figured out that retirement doesn’t have to mean moving to a condo tower. These are people who want space, privacy, and the kind of lifestyle where the biggest traffic jam involves waiting for horses to cross the road.

The local economy runs on construction, public administration, and healthcare—stable sectors that don’t vanish when commodity prices hiccup. Employment sits at a healthy 56.3% with unemployment at just 5.5%, though many residents commute to Victoria for work, treating Metchosin as their personal escape pod from city life.

For brokers working with clients who want rural living without complete isolation, Metchosin delivers. It’s close enough to Victoria for urban conveniences but far enough out that your clients can actually see stars at night. The mild Zone 9a climate means gardens thrive year-round, property maintenance stays manageable, and the lifestyle appeal attracts buyers who stick around.

This isn’t a market driven by speculation or quick flips. It’s about people who want to stay put, build equity slowly, and enjoy what might be the last truly rural corner of southern Vancouver Island.