Property Type: Condo / ApartmentOwnership: Strata

118 1009 Mckenzie Ave

Saanich, BC V8X4B1

$415,000

2 bed2 bath1 parking926 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
926 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$634/mo
Annual property tax
$1,788

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

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

Room Dimensions

RoomLevelDimensions
PatioMain level5'4 x 12'0
PatioMain level9'8 x 5'4
BedroomMain level6'10 x 10'1
Primary BedroomMain level11'0 x 13'8
EntranceMain level5'0 x 8'1
KitchenMain level7'9 x 7'7
Dining roomMain level8'4 x 8'2
Living roomMain level17'5 x 11'5
EnsuiteMain level2-Piece
BathroomMain level4-Piece

Listing Information

MLS®
1038009
Listed
May 28, 2026
Time on market
On the market for 95 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Chatterton · Data source: CREA DDF.

Description

Located in Victoria's desirable Quadra/McKenzie neighbourhood, 1009 McKenzie Ave (Royal Woods) offers unbeatable convenience to shopping, restaurants, cafes, parks, transit and UVic. While just minutes away from downtown Victoria, residents also enjoy easy access to Swan Lake, the Galloping Goose Trail, and other nearby amenities, making this an excellent choice for both homeowners and investors. This spacious ground floor corner condo offers comfortable living surrounded by mature landscaping and peaceful green space. Inside, you’ll find a bright and functional layout with generous living areas, large windows, and excellent natural light. The thoughtful design creates an easy flow between rooms, maximizing both comfort and functionality. The building itself features outstanding amenities, including sauna, fitness room, games room and workshop all rarely found together in such a central Victoria location. The heat and hot water are included in the strata fee keeping your bills simpler. Only one shared wall in the unit. The community atmosphere and beautifully maintained common areas also help create a welcoming environment for residents of all ages. This property presents an incredible opportunity for first-time buyers, downsizers, students, professionals, or investors. Truly an exceptional lifestyle property in one of Victoria’s most convenient and established neighbourhoods. See feature sheet for property website and TWO videos. Book your private viewing today! (id:63159)

Values & Trends

This listing

$448/sqft

Building average

$366/sqft

3 active listing(s)

Quadra average

$520/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

67

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
Reynolds SecondaryElementary543 m
St Andrew's Regional High(Independent)Secondary545 m
Lake Hill ElementaryElementary1.1 km
Rogers ElementaryElementary1.2 km
St. Margaret's(Independent)K-121.3 km
Pacific Christian School(Independent)Elementary1.4 km
Braefoot ElementaryElementary1.6 km
McKenzie ElementaryElementary1.8 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 (2)

  • White Spot269 m
  • The Keg · 3940 Quadra Street494 m

Cafes (2)

  • Starbucks299 m
  • Tim Hortons429 m

Grocery (4)

  • Thrifty Foods Quadra · 3995 Quadra Street270 m
  • Planet Organic Market307 m
  • Jempoy's Lechon Victoria · 4087 Quadra Street707 m
  • Vicart · 4089 Quadra Street719 m

Parks (5+)

  • Annie Park143 m
  • Unnamed584 m
  • Unnamed661 m
  • Leeds Park691 m
  • Unnamed739 m

Shopping (1)

  • Saanich Centre287 m

Gyms (2)

  • Anytime Fitness406 m
  • Quadra Sports & Fitness · 3946 Quadra Street436 m

Pharmacies (1)

  • London Drugs336 m

Banks & ATMs (2)

  • Unnamed150 m
  • TD162 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$332,000.00
Periodic payment — Principal & Interest (monthly)$2,141.95
Additional monthly expenses (strata, tax, utilities, etc.)$828.55
Total monthly cost$2,970.50
Interest paid over 5-yr term$95,152.15
Balance at end of term$298,635.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,031.64

Cash Needed at Closing

Minimum down payment$20,750
Estimated BC PTT$6,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,550

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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