Property Type: Condo / ApartmentOwnership: Strata

108 3206 Alder St

Saanich, BC V8X5A4

$540,000

2 bed2 bath1 parking1,035 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,173 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$426/mo
Annual property tax
$2,662.8

Interior

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

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
BathroomMain level4-Piece
EnsuiteMain level4-Piece
Primary BedroomMain level
Living roomMain level
BalconyMain level
BedroomMain level
Dining roomMain level
KitchenMain level
Laundry roomMain level
EntranceMain level

Listing Information

MLS®
1043781
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

Listing provided by: Pacifica Real Estate Inc. · Data source: CREA DDF.

Description

FABUOUS GROUND LEVEL MODERN CONDO. Spacious & impeccably maintained, this exceptional no-step residence at Olympic View Residences offers over 1,000 sq. ft. of thoughtfully designed living in a super convenient location. Open-concept floor plan with a desirable split-bedroom design, creating ideal separation. Private, south-facing patio provides a peaceful retreat framed by mature landscaping. Generous primary suite features a walk-in closet and a 4-piece ensuite, & well-appointed kitchen includes stainless steel appliances, quartz counters & a charming breakfast nook. Laundry room with in-suite storage. Additional highlights include secure underground parking, separate storage locker, cat-friendly building. Just steps from Rutledge Park and within walking distance of Mayfair Shopping Centre, Uptown Shopping Centre, this home also offers easy transit access and a quick commute to downtown Victoria. Move-in ready and offering outstanding value, this is a home you won't want to miss. (id:63159)

Values & Trends

This listing

$522/sqft

Building average

$465/sqft

1 active listing(s)

Quadra average

$517/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)

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

74

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 ElementaryElementary597 m
SJ Burnside Education CentreSecondary811 m
Cloverdale Traditional ElementaryElementary848 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 SchoolElementary1.9 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 Avenue98 m
  • Royal Spice Fine Indian Cuisine176 m
  • Lot 1 Pasta Bar183 m
  • Bin 4 Burger Lounge228 m
  • The Ruby423 m

Cafes (5+)

  • Starbucks176 m
  • Tim Hortons357 m
  • Starbucks · 3180 Douglas Street410 m
  • Starbucks419 m
  • Roundhouse Cafe484 m

Grocery (3)

  • H Mart136 m
  • Lifestyle Markets Health Foods · 2950 Douglas Street626 m
  • Duaa Supermarket670 m

Parks (5+)

  • Mayfair Green159 m
  • Quadra Heights Playground · 825 Villance Street219 m
  • Rutledge Park418 m
  • Topaz Park · 841 Finlayson Street596 m
  • Cecelia Creek Falls Park667 m

Shopping (1)

  • Mayfair Shopping Centre · 3147 Douglas Street282 m

Gyms (2)

  • Park's MBA Tae-Kwon-Do632 m
  • VBC Fitness634 m

Pharmacies (1)

  • Rexall489 m

Banks & ATMs (5+)

  • CIBC190 m
  • Island Savings · 3195 Douglas Street346 m
  • Khalsa Credit Union · 3318 Oak Street426 m
  • Vancity475 m
  • Scotiabank679 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 108 3206 Alder St

View building profile →
Built 1990

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$432,000.00
Periodic payment — Principal & Interest (monthly)$2,787.12
Additional monthly expenses (strata, tax, utilities, etc.)$699.90
Total monthly cost$3,487.02
Interest paid over 5-yr term$123,812.44
Balance at end of term$388,585.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,929.41

Cash Needed at Closing

Minimum down payment$29,000
Estimated BC PTT$8,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,300

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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