Property Type: Condo / ApartmentOwnership: Strata

103 494 Marsett Pl

Saanich, BC V8Z7J1

$619,900

2 bed2 bath1 parking1,105 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,126 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$457/mo
Annual property tax
$3,297.56

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

Lot features
Irregular lot size

Building

Parcel ID (PID)
018-723-268

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
EnsuiteMain level4-Piece
BedroomMain level
BathroomMain level4-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
PatioMain level

Listing Information

MLS®
1047467
Listed
August 20, 2026
Time on market
On the market for 11 days
Data last synced
August 29, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Quiet, private, and one of the largest floorplans in the complex. This pet-friendly 2 bed, 2 full bath corner unit is a short walk to Broadmead Village, Elk Lake, and Commonwealth Place. This corner location comes with a generous private patio off the main living space, ideal for morning coffee or summer dinners outside. No road noise. The spacious floorplan offers room for a full dining set, a living area centred on the gas fireplace, and bedrooms at opposite ends of the unit, each with its own full bath, so guests or a home office are well clear of the primary. Fresh paint and designer shades throughout, plus a secure underground parking stall and separate storage. Groceries, trails, and the pool are all close enough to leave the car parked. A well-run building in one of Saanich's most established residential pockets, and a floorplan that rarely comes up in this complex. (id:63159)

Values & Trends

This listing

$561/sqft

Building average

$555/sqft

1 active listing(s)

Royal Oak average

$669/sqft

10 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)

13°C

Humidity 83%

Wind WNW 2 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

22

4/9 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
Royal Oak Middle SchoolMiddle1.2 km
Claremont SecondarySecondary1.5 km
Lochside ElementaryElementary2.0 km
Cordova Bay ElementaryElementary2.8 km
Northridge ElementaryElementary2.9 km
Lakeview Christian School(Independent)Elementary/Middle3.0 km
Glanford Middle SchoolElementary3.1 km
St. Margaret's(Independent)K-123.2 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 (1)

  • The Lakes234 m

Grocery (1)

  • Thrifty Foods · 777 Royal Oak Drive781 m

Parks (5+)

  • Former Royal Oak Golf Club · 540 Marsett Place353 m
  • Commonwealth Place432 m
  • Normandy Park522 m
  • Falaise Park660 m
  • Unnamed764 m

Banks & ATMs (1)

  • CIBC781 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Other Listings in This Building

Other units currently listed in the same building. 103 494 Marsett Pl

View building profile →
Built 1994

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($36,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$495,920.00
Periodic payment — Principal & Interest (monthly)$3,199.51
Additional monthly expenses (strata, tax, utilities, etc.)$786.80
Total monthly cost$3,986.30
Interest paid over 5-yr term$142,132.10
Balance at end of term$446,081.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$36,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,482.37

Cash Needed at Closing

Minimum down payment$36,990
Estimated BC PTT$10,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$48,888

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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