203 7098 Wallace Dr
Central Saanich, BC V8M1G9
$499,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 663 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $394/mo
- Annual property tax
- $2,584.64
Interior
- Heating
- Baseboard heaters
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 1
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
| Room | Level | Dimensions |
|---|---|---|
| Balcony | Main level | — |
| Bedroom | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Bathroom | Main level | 5-Piece |
| Kitchen | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1042628
- Listed
- July 8, 2026
- Time on market
- On the market for 54 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
Welcome to The Wallace, a thoughtfully designed, energy-modelled building in the heart of Brentwood Bay, surrounded by everyday conveniences, oceanside walking trails, green spaces and coastal charm. This spacious 1 bedroom, 1 bathroom condo features vaulted ceilings, wide-plank oak engineered hardwood floors, an electric fireplace, quartz countertops and premium stainless steel appliances. The spa-inspired bathroom offers dual sinks, a walk-in shower, and quality finishes. Step onto the sun-soaked balcony to enjoy peaceful views and entertain friends. Superior soundproofing, secure underground parking, storage, bike lockers, a shared EV charger, Modo Car Share membership and the balance of a 2 5 10 warranty remaining, all provide exceptional value. Minutes from marinas, beaches, golf, farmers' markets, dining, shopping, and the world-famous Butchart Gardens. Enjoy the perfect balance of urban convenience and nature, with every amenity just moments away for effortless daily living. (id:63159)
Values & Trends
This listing
$753/sqft
Building average
$726/sqft
1 active listing(s)
Brentwood Bay average
$575/sqft
11 active listing(s)
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 (Hartland)
14°C
Mainly Clear
Humidity 86%
Wind WSW 7 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
17,385
(2021 Census)
+3.4% since 2016
Density: 422/km²
Dwellings: 7,621
Median household income: $103,000
After-tax: $90,000
Immigrant population: 16.2%
Top countries of origin (% of total population)
- United Kingdom5.3% · 920
- United States of America1.6% · 280
- India0.9% · 165
- Philippines0.9% · 160
- Germany0.9% · 150
- Netherlands0.7% · 120
- South Africa, Republic of0.6% · 110
- China0.3% · 55
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
59
6/9 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
| School | Type | Distance |
|---|---|---|
| Brentwood Elementary | Elementary | 239 m |
| Bayside Middle School | Middle | 962 m |
| Stelly's Secondary | Secondary | 964 m |
| SD 63 Individual Learning Centre | Secondary | 2.5 km |
| Keating Elementary | Elementary | 3.2 km |
| ḰELSET Elementary | Elementary | 5.8 km |
| Prospect Lake Elementary | Elementary | 5.9 km |
| Lakeview Christian School(Independent) | Elementary/Middle | 6.5 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 (4)
- Brewsky’s Taphouse · 7100 Wallace Drive24 m
- Yami Sushi80 m
- Bicycle Pizza · 1191 Verdier Avenue409 m
- Masala Roots Indian Cuisine · 1191 Verdier Avenue410 m
Cafes (3)
- Brentwood Bay Village Empourium Café & Gift Shop86 m
- Politano Cafe99 m
- Beauregard Commons · 1191 Verdier Avenue409 m
Grocery (1)
- Fairway Market Brentwood · 7108 West Saanich Road145 m
Parks (2)
- Pioneer Park260 m
- Rom Knott Memorial Park308 m
Pharmacies (1)
- Pharmasave290 m
Banks & ATMs (2)
- RBC83 m
- RBC · 7188 West Saanich Road376 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.