68 Crease Ave

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$848,000

68 Crease Ave

Gateway, Saanich · MLS® 1051933

212

1,382 sq ft · 5,600 sq ft lot · House · Single Family · built 1922 · 20 days on market

listed by Greg Phillips, Engel & Volkers Vancouver Island

realtor's description

Charming and thoughtfully updated, this adorable Saanich West home blends original character with modern comforts. Enjoy original fir floors, crown moulding, large windows, a wood-burning fireplace insert and 9-foot ceilings. The kitchen features white cabinetry, quartz counters, stainless appliances & an eating area. Updates include a 2024 heat pump, fresh interior/exterior paint, an updated bathroom and new flooring. Enjoy the spacious deck overlooking a private, fenced yard with mature landscaping. The detached studio/garage is soundproofed & insulated, with attic storage & finished bonus space. The unfinished basement provides ample storage and awaits your ideas. Centrally located near Uptown, the Galloping Goose and transit routes to downtown Victoria & the Westshore.

property details

type: House, Single Family
bedrooms: 2
bathrooms: 1
living area: 1,382 sq ft
lot: 5,600 sq ft
parking: 2
year built: 1922
property tax: $4,389 / yr
days on market: 20
MLS®: 1051933

features

Other
Washer
Refrigerator
Range - Electric
Dishwasher
Dryer

the market here

sold vs last asking: -3.3%; median, 57 houses sold
listed now: 41 days; median for 285 houses for sale; this one 20 days

Houses 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.

property tax by year

year	assessed	est. tax
2026	$844,000	$4,389

The listing shows $4,389 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.

monthly cost

$4,098/mo

Mortgage $3,732 · Tax $366

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,732/ monthly

loan $678,400

25-year amortization

down payment20% · $169,60020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 30, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $441,250
property transfer tax: $14,960; BC general rate
cash to close: $184,560; down + PTT
total paid: $1,119,650

first-time buyernewly builtforeign national

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.