Property Type: TownhouseOwnership: Strata

24 520 Marsett Pl

Saanich, BC V8Z7J1

$1,175,000

3 bed4 bath2 parking3,018 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
3,552 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$920/mo
Annual property tax
$5,541.44

Interior

Heating
Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
PatioLower level
BalconyMain level
StorageLower level
BathroomLower level5-Piece
DenLower level
Family roomLower level
BathroomSecond level4-Piece
BedroomSecond level
BedroomSecond level
Sitting roomMain level
EnsuiteSecond level5-Piece
Primary BedroomSecond level
BathroomMain level2-Piece
StorageMain level
OfficeMain level
Sitting roomMain level
Eating areaMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1040621
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

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

Description

Situated in the popular 55+ ''Community'' of fine townhomes on a lush, tree-lined road is this spacious 3,100+ finished square feet, beautifully situated townhouse, offering acres of calming park-like views. Main floor offers gleaming hardwood floors, entertainment-sized living room with double-sided gas fireplace & doors leading to a private balcony overlooking southwest views, a lovely kitchen with an eating area & separate dining room, plus a den/office space and a 2-piece bathroom. The upper floor has an extra large primary bedroom with a sitting area, walk-in closet and a large 5-piece ensuite bathroom. Two additional bedrooms, a 4-piece bathroom and laundry. The lower floor level has a family room with doors leading to a covered patio, another den area, a very large 5-piece bathroom & a storage room or workshop. Plus a large double garage. Close to Broadmead & Royal Oak Shopping Centres, Commonwealth Pool, Elk & Beaver Lake. Easy drive to the airport & BC Ferries. Please verify measurements if important. Put this charming townhome on your viewing list; you won't be disappointed. (id:63159)

Values & Trends

This listing

$389/sqft

Building average

No other active listings in this building

Royal Oak average

$519/sqft

11 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

19

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
Royal Oak Middle SchoolMiddle1.3 km
Claremont SecondarySecondary1.5 km
Lochside ElementaryElementary2.3 km
Cordova Bay ElementaryElementary2.8 km
Lakeview Christian School(Independent)Elementary/Middle2.9 km
Northridge ElementaryElementary3.0 km
Glanford Middle SchoolElementary3.2 km
St. Margaret's(Independent)K-123.4 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)

  • The Lakes454 m

Parks (3)

  • Former Royal Oak Golf Club · 540 Marsett Place168 m
  • Commonwealth Place417 m
  • Normandy Park609 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$940,000.00
Periodic payment — Principal & Interest (monthly)$6,064.56
Additional monthly expenses (strata, tax, utilities, etc.)$1,532.90
Total monthly cost$7,597.46
Interest paid over 5-yr term$269,406.70
Balance at end of term$845,533.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,324.05

Cash Needed at Closing

Minimum down payment$92,500
Estimated BC PTT$21,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,500

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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