Property Type: Condo / ApartmentOwnership: Strata

202 5388 Hill Rise Terr

Saanich, BC V8Y3K2

$1,690,000

2 bed2 bath2 parking1,847 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,821 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$896/mo
Annual property tax
$7,209

Interior

Heating
Heat Pump, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view, Valley view

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
Laundry roomMain level6' x 16'
OfficeMain level7' x 7'
MediaMain level12' x 13'
BedroomMain level11' x 12'
EnsuiteMain level5-Piece
BathroomMain level3-Piece
Primary BedroomMain level15' x 12'
KitchenMain level11' x 12'
Dining roomMain level12' x 17'
Living roomMain level12' x 16'
EntranceMain level6' x 12'

Listing Information

MLS®
1047579
Listed
August 22, 2026
Time on market
On the market for 10 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Luxuriate in the west coast lifestyle offered at THE PINNACLE at SAYWARD HILL, where this exquisite residence boasts 1,847sf of indulgent living space. Greeted by sweeping ocean, mountain and golf course vistas from the moment you enter this 2 bed + den + media sanctuary. Meticulously designed with open living spaces and one of the best floor plans in the building with rich engineered hardwood, bespoke millwork and expansive windows adding to the natural light and views. Epicurean chef's kitchen showcases stone countertops, elite KitchenAid appliances, and induction cooktop. Prepare to unwind in the sumptuous spa-inspired ensuite featuring a deep soaker tub, rainfall shower, heated floors & dual vanities. From the gas FP to the gas, water, and power-equipped balcony, this home exudes year-round comfort and sophistication. Revel in the convenience of being on the main lobby level (no elevator required) and enjoy deluxe amenities: dedicated EV charger, 2 secure parking stalls, storage locker, fitness gym, bike storage, workshop & a grand lobby. (id:63159)

Values & Trends

This listing

$915/sqft

Building average

$1,028/sqft

1 active listing(s)

Cordova Bay average

$857/sqft

25 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

15

2/9 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
Lakeview Christian School(Independent)Elementary/Middle476 m
Cordova Bay ElementaryElementary859 m
Claremont SecondarySecondary1.6 km
Lochside ElementaryElementary3.6 km
Royal Oak Middle SchoolMiddle4.0 km
Prospect Lake ElementaryElementary4.0 km
Keating ElementaryElementary4.5 km
St. Margaret's(Independent)K-125.6 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

Cafes (1)

  • Adriennes Tea Garden543 m

Parks (5+)

  • Sayward Hill Park · 750 Cordova Bay Road129 m
  • Sayward Hill Park507 m
  • Beckton Park561 m
  • Lochside Park622 m
  • Mattick's Wood Park709 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Other Listings in This Building

Other units currently listed in the same building. 202 5388 Hill Rise Terr

View building profile →
Built 2019

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($338,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,352,000.00
Periodic payment — Principal & Interest (monthly)$8,722.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,588.75
Total monthly cost$10,311.40
Interest paid over 5-yr term$387,487.09
Balance at end of term$1,216,128.37

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$338,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,396.41

Cash Needed at Closing

Minimum down payment$338,000
Estimated BC PTT$31,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$371,300

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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