Quadra, Saanich · MLS® 1052422
211
1,277 sq ft · Condo · Single Family · built 1975 · 14 days on market
listed by Aaron Elliott, RE/MAX Camosun
This is the best value in Victoria! Priced to sell quickly! ** Almost 1,300 sq ft & fully renovated, this bright top-floor loft-style condo offers a rare blend of space, style & convenience in a central location close to everything. Residents enjoy fantastic amenities incl an indoor pool, hot tub, sauna & fitness centre, adding great value for owners, tenants & long-term investors. This unique two-level home is filled w/ natural light thanks to large windows & skylights, creating an airy & inviting living space that feels warm, open & private. The main level features a comfortable living & dining area w/ room to relax or entertain, along w/ an efficient renovated kitchen offering clean finishes, practical storage & an easy everyday layout. The upper level provides a spacious bedroom retreat plus a versatile flex area perfect for a home office, reading lounge, study space, guest area or creative studio. With its loft-style design, top-floor position & thoughtful updates, this home has a character and feel that stands out from the typical condo. The building also features elevator access, separate storage locker & a dedicated parking stall. The larger floor plan gives buyers flexibility that is hardh to find. Ideally located just minutes from shopping, restaurants, cafes, parks, transit & UVic, this home makes daily life simple and convenient. Whether you are a first-time buyer looking for an affordable move-in ready home, a student or parent wanting a smart alternative to renting, or an investor looking for strong rental demand in a high-demand area. This is an opportunity that would be hard to find again. (Measurements are approx)
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,672 · tax $213 · strata $763 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Saanich: CMHC's average there ($2,104) raised by what new tenants pay against everyone in the Victoria area, then down 1.9% 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
1.1 km away · 765 Rogers Ave, Victoria · 250-727-0188
2.0 km away · 4140 Glanford Ave, Victoria · 250-479-7179
600 m 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 | $579,700 | $3,015 |
| 2025 | $518,200 | $2,559 |
Estimated tax up 17.8% from 2025 to 2026.
The listing shows $2,559 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.
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: 19,601 m² (210,983 sq ft) · PID 000-031-241. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 87/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 9 places to eat or drink, 2 cafes, 3 parks and playgrounds, 2 schools, 1 pharmacy, 21 transit stops.
mihom score from OpenStreetMap places, by straight line distance.