Cedar Hill, Saanich · MLS® 1051889
11
866 sq ft · Condo · Single Family · built 1996 · 21 days on market
listed by Rosemarie Colterman, Royal LePage Coast Capital - Oak Bay
Enjoy independent retirement living at Rosebank Gardens, a resident-owned, not-for-profit 55+ community of 41 suites! This bright, top-floor 866 sq. ft. condo offers 1 bed + den, an open layout & a balcony overlooking the courtyard. Extensively renovated w/ new cabinetry, appliances & paint, this inviting home features a large primary bedroom w/ a cathedral-style window, an entry skylight & generous in-suite storage w/ shelving. The den provides flexible space for reading, hobbies or a home office, while the balcony is a lovely spot to enjoy fresh air & the garden outlook. A hands-free, fob-operated suite door aids accessibility. Here, you own your suite & have a voice in the community through an elected strata council. Daily services help simplify your routine: enjoy a chef-prepared 3-course dinner in the shared dining room, weekly light housekeeping & linen/towel laundry, plus 24-hour onsite staff trained in first aid & an emergency medical alert system. Monthly meal & housekeeping fees are additional to strata fees; these basic support services are mandatory. Shared spaces offer opportunities to connect, including a lounge, fireplace area, small library & TV viewing area. Activities include light exercise, bingo, movie nights & live music. Visiting family or friends can book the guest suite for an additional fee. Coin-free laundry is conveniently down the hall w/ 2 washers & 2 dryers. Beautifully landscaped grounds enhance this welcoming setting near McKenzie & Shelbourne, a short stroll to grocery stores, pharmacies, banks, and restaurants. Enjoy the privacy of your own home alongside shared meals, social opportunities & practical everyday support. Rosebank Gardens provides independent living & is not licensed for assisted living or residential care.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,272 · tax $103 · strata $1,885 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Saanich: CMHC's average there ($1,594) raised by what new tenants pay against everyone in the Victoria area, then down 1% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Greater Victoria School District 61
600 m away · 1440 Harrop Road, Victoria · 250-477-6948
100 m away · 3910 Cedar Hill Rd, Victoria · 250-477-6945
1.6 km away · 3963 Borden St, Victoria · 250-479-1696
From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $227,400 | $1,183 |
| 2025 | $249,700 | $1,233 |
Estimated tax down 4.1% from 2025 to 2026.
The listing shows $1,233 a year in property tax.
Estimate: the BC Assessment value times Saanich's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
nothing comparable on the market right now.
Condos in Saanich, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.
the building's lot: 5,144 m² (55,370 sq ft) · PID 023-532-661. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 83/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 11 places to eat or drink, 3 cafes, 4 parks and playgrounds, 2 schools, 2 pharmacies, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.