Property Type: Condo / ApartmentOwnership: Strata

101 3206 Alder St

Saanich, BC V8X5A4

$499,000

2 bed2 bath1 parking1,074 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,123 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$414/mo
Annual property tax
$2,658

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
Laundry roomMain level4'11 x 7'8
BedroomMain level10'0 x 13'3
EnsuiteMain level4-Piece
Primary BedroomMain level11'4 x 15'11
KitchenMain level7'7 x 16'0
Dining roomMain level8'1 x 8'1
Living roomMain level13'0 x 21'9
PatioMain level3'10 x 13'8
EntranceMain level4'6 x 7'4

Listing Information

MLS®
1041693
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Victoria · Data source: CREA DDF.

Description

View this pristine, inviting, quiet and spacious 2 bedroom, 2 full bathrooms suite with numerous up-dates such as a new hot water tank, soft close cabinetry, matte black hardware and fixtures, as well as updated lighting details. All set in a tasteful modern neutral color pallet. Nothing to do but move in! The floor plan features separated bedrooms, and open concept dining/living room. This unit includes an underground parking spot as well as locked storage unit. This well-situated home is central in location to downtown with easy access to main corridors. Walking distance to Mayfair Mall and Rutledge Park, and a quick drive to Uptown and the University of Victoria. Great opportunity for parents wishing to purchase for university students, downsizing seniors or first time home buyers. Don't miss this opportunity! Call now! (id:63159)

Values & Trends

This listing

$465/sqft

Building average

$522/sqft

1 active listing(s)

Quadra average

$519/sqft

24 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

12°C

Humidity 89%

Wind NNW calm km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

63

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Ecole Quadra ElementaryElementary569 m
Cloverdale Traditional ElementaryElementary813 m
SJ Burnside Education CentreSecondary846 m
Selkirk Montessori School(Independent)Elementary/Middle1.2 km
Oak and Orca Bioregional School(Independent)K-121.5 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.6 km
Tillicum Community SchoolElementary2.0 km
George Jay ElementaryElementary2.1 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • Red Robin · 800 Tolmie Avenue138 m
  • Royal Spice Fine Indian Cuisine198 m
  • Lot 1 Pasta Bar207 m
  • Bin 4 Burger Lounge234 m
  • Shushi Ru · 3189 Quadra Street403 m

Cafes (5+)

  • Starbucks207 m
  • Tim Hortons395 m
  • Starbucks447 m
  • Starbucks · 3180 Douglas Street448 m
  • Roundhouse Cafe463 m

Grocery (3)

  • H Mart167 m
  • Lifestyle Markets Health Foods · 2950 Douglas Street650 m
  • Duaa Supermarket695 m

Parks (5+)

  • Mayfair Green169 m
  • Quadra Heights Playground · 825 Villance Street203 m
  • Rutledge Park393 m
  • Topaz Park · 841 Finlayson Street586 m
  • Cecelia Creek Falls Park629 m

Shopping (1)

  • Mayfair Shopping Centre · 3147 Douglas Street315 m

Gyms (2)

  • Park's MBA Tae-Kwon-Do655 m
  • VBC Fitness657 m

Pharmacies (1)

  • Rexall510 m

Banks & ATMs (5+)

  • CIBC221 m
  • Island Savings · 3195 Douglas Street385 m
  • Khalsa Credit Union · 3318 Oak Street451 m
  • Vancity502 m
  • Scotiabank702 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 101 3206 Alder St

View building profile →
Built 1990

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (strata, tax, utilities, etc.)$689.73
Total monthly cost$3,265.23
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,645.28

Cash Needed at Closing

Minimum down payment$24,950
Estimated BC PTT$7,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$34,430

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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