Property Type: TownhouseOwnership: Strata

11 3981 Nelthorpe St

Saanich, BC V8X3Z2

$725,000

3 bed2 bath2 parking1,253 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,253 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$625/mo
Annual property tax
$3,034.61

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
StorageMain level2'10
BathroomSecond level4-Piece
BathroomMain level2-Piece
BedroomSecond level11'9 x 10'9
BedroomSecond level11'10 x 8'10
Primary BedroomSecond level10'9 x 16'3
KitchenMain level8'3
Dining roomMain level6'5 x 12'8
Living roomMain level
EntranceMain level

Listing Information

MLS®
1038998
Listed
June 6, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Welcome to this meticulously-maintained townhome in Saanich. Nestled within a quiet community, this home offers a combination of nature-inspired surroundings & exceptional convenience. Designed over 2 levels, the main floor features a functional layout with a generous living room, dining area, and thoughtfully updated kitchen. This level also includes a laundry room, powder room, and ample storage. Upstairs, you'll find a spacious primary bedroom, 2 additional bedrooms, and 4-piece bathroom, providing comfortable living for families or guests. Outdoor living is equally impressive, with a fully fenced east-facing front patio and garden—perfect for morning coffee or afternoon sunshine—as well as a private west-facing rear patio overlooking greenspace. Just moments from Swan Lake & Christmas Hill, close to parks, schools, shopping, services, & transit. A wonderful opportunity to own a low-maintenance home, where you'll feel connected to nature while remaining close to urban conveniences. (id:63159)

Values & Trends

This listing

$579/sqft

Building average

No other active listings in this building

Swan Lake average

$540/sqft

2 active listing(s)

Parking: 2 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

30

7/9 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
St Andrew's Regional High(Independent)Secondary141 m
Rogers ElementaryElementary908 m
Reynolds SecondaryElementary984 m
Pacific Christian School(Independent)Elementary1.0 km
Lake Hill ElementaryElementary1.2 km
McKenzie ElementaryElementary1.4 km
St. Margaret's(Independent)K-121.5 km
Glanford Middle SchoolElementary1.7 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)

  • White Spot709 m

Cafes (1)

  • Starbucks744 m

Grocery (4)

  • Jempoy's Lechon Victoria · 4087 Quadra Street686 m
  • Vicart · 4089 Quadra Street696 m
  • Thrifty Foods Quadra · 3995 Quadra Street715 m
  • Planet Organic Market752 m

Parks (5+)

  • Unnamed237 m
  • Annie Park318 m
  • Rainbow Park373 m
  • Rainbow Ridge Park485 m
  • Unnamed658 m

Shopping (1)

  • Saanich Centre732 m

Pharmacies (1)

  • London Drugs777 m

Banks & ATMs (2)

  • Unnamed550 m
  • TD567 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($47,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$580,000.00
Periodic payment — Principal & Interest (monthly)$3,741.96
Additional monthly expenses (strata, tax, utilities, etc.)$940.88
Total monthly cost$4,682.85
Interest paid over 5-yr term$166,229.67
Balance at end of term$521,711.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$47,500
Stress test qualifying rate8.09%
Payment you must qualify for$5,209.74

Cash Needed at Closing

Minimum down payment$47,500
Estimated BC PTT$12,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$61,500

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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