Property Type: Condo / ApartmentOwnership: Strata

212 894 Vernon Ave

Saanich, BC V8X2W6

$490,000

2 bed2 bath1 parking983 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,123 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$575/mo
Annual property tax
$2,504

Interior

Heating
Baseboard heaters, Electric, Natural gas
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

RoomLevelDimensions
Laundry roomMain level5' x 6'
Eating areaMain level
BathroomMain level4-Piece
BedroomMain level
EnsuiteMain level4-Piece
Primary BedroomMain level
KitchenMain level8' x 8'
Dining roomMain level
BalconyMain level
Living roomMain level
EntranceMain level
BalconyMain level

Listing Information

MLS®
1039615
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation · Data source: CREA DDF.

Description

NEW PRICE! Below assessed value! The location is unbeatable at Chelsea Green! This centrally located home is just steps from all the amenities of Mayfair and Uptown Shopping Centres, with everything you need, including Walmart, PetSmart, Save-On-Foods, Whole Foods, Shoppers Drug Mart, Public Library and more. Also, minutes from your door are schools, bus stops with direct routes to UVIC and downtown, Swan Lake and the Galloping Goose Trail. This unit offers 2 bedrooms, 2 FULL bathrooms, full laundry room (new HWT), and 2 private decks overlooking the serene gardens. Some features include a new dishwasher, an eating area PLUS a separate dining area and a gas fireplace in the living room offering cozy comfort (paid by strata). Also included is secure underground parking (1 spot), storage unit, bike parking and lots of visitors parking. Pet friendly, rentals welcome, BBQ’s okay, and NO age restrictions. Don’t miss the opportunity to be part of a well-managed strata with low fees and a strong contingency fund. Call today! (id:63159)

Values & Trends

This listing

$498/sqft

Building average

No other active listings in this building

Swan Lake average

$622/sqft

3 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
Cloverdale Traditional ElementaryElementary1.0 km
St Andrew's Regional High(Independent)Secondary1.4 km
Ecole Quadra ElementaryElementary1.4 km
SJ Burnside Education CentreSecondary1.5 km
Reynolds SecondaryElementary1.6 km
Colquitz Middle SchoolElementary1.6 km
Tillicum Community SchoolElementary1.6 km
Selkirk Montessori School(Independent)Elementary/Middle1.8 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 (5+)

  • Boston Pizza140 m
  • Inasal House · 3666 Saanich Road194 m
  • Power House Living Foods Co.322 m
  • Ono Poké332 m
  • Erito Sushi347 m

Cafes (5+)

  • Starbucks320 m
  • Hey Happy321 m
  • Tim Hortons · 3501 Ravine Way323 m
  • Rhino Coffee House344 m
  • Starbucks403 m

Grocery (2)

  • Save-On-Foods · 3510 Blanshard Street94 m
  • Whole Foods Market · 3587 Blanshard Street341 m

Parks (5+)

  • Blanshard Park207 m
  • Tolmie Park515 m
  • Regina Park606 m
  • Taylor Park659 m
  • Unnamed688 m

Shopping (2)

  • Walmart · 3460 Saanich Road207 m
  • Uptown267 m

Gyms (2)

  • Steve Nash Fitness World296 m
  • CrossFit Vic City437 m

Pharmacies (2)

  • Unnamed105 m
  • Shoppers Drug Mart · 3511 Blanshard Street247 m

Banks & ATMs (5+)

  • Scotiabank · 3521 Blanshard Street187 m
  • RBC Royal Bank · 3541 Blanshard Street217 m
  • TD · 3530 Blanshard Street226 m
  • Unnamed362 m
  • RBC Royal Bank364 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($24,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$392,000.00
Periodic payment — Principal & Interest (monthly)$2,529.05
Additional monthly expenses (strata, tax, utilities, etc.)$832.86
Total monthly cost$3,361.91
Interest paid over 5-yr term$112,348.33
Balance at end of term$352,605.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$24,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,579.53

Cash Needed at Closing

Minimum down payment$24,500
Estimated BC PTT$7,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$33,800

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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