301 1018 Inverness Rd
Saanich, BC V8X0B1
$320,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 539 square feet
- Zoning
- Multi-Family
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $314/mo
- Annual property tax
- $1,821
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Total spaces
- 1
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
| Room | Level | Dimensions |
|---|---|---|
| Balcony | Main level | 6'6 x 14'5 |
| Bathroom | Main level | 4-Piece |
| Kitchen | Main level | 8'8 x 11'5 |
| Primary Bedroom | Main level | 10'8 |
| Living room/Dining room | Main level | 11'6 x 11'5 |
| Entrance | Main level | 6'6 x 4'7 |
Listing Information
- MLS®
- 1042028
- Listed
- July 2, 2026
- Time on market
- On the market for 60 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.
Description
Welcome to the Shire, a beautifully appointed 539 sq ft open-concept condo built in 2017 by the Vidalin Group. This bright and airy one-bedroom, one-bathroom home features modern hardwood flooring, premium quartz countertops, and stainless steel appliances, all illuminated by large windows that flood the space with natural light. Offering excellent convenience and value, the well-maintained wood-frame unit includes one underground parking stall and a dedicated storage locker. Positioned as an exceptional hands-off rental investment opportunity, the property is non-owner occupied and will be fully vacant starting July 4th, 2026. Please note that buyers must review the title and registered housing agreement, as this condo is legally restricted to rental use only and cannot be owner-occupied. (id:63159)
Values & Trends
This listing
$594/sqft
Building average
—
No other active listings in this building
Quadra average
$514/sqft
24 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 (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
41
5/9 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 |
|---|---|---|
| Cloverdale Traditional Elementary | Elementary | 217 m |
| Ecole Quadra Elementary | Elementary | 734 m |
| SJ Burnside Education Centre | Secondary | 1.4 km |
| Oak and Orca Bioregional School(Independent) | K-12 | 1.5 km |
| VI School of Innovation and Inquiry(Independent) | Elementary/Middle | 1.6 km |
| Doncaster Elementary | Elementary | 1.8 km |
| Reynolds Secondary | Elementary | 1.8 km |
| Selkirk Montessori School(Independent) | Elementary/Middle | 1.8 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+)
- Halibut House Chinese Food · 3500 Quadra Street372 m
- Shushi Ru · 3189 Quadra Street426 m
- Bin 4 Burger Lounge575 m
- Royal Spice Fine Indian Cuisine659 m
- Lot 1 Pasta Bar674 m
Cafes (1)
- Roundhouse Cafe303 m
Grocery (2)
- Thrifty Foods · 3475 Quadra Street311 m
- H Mart767 m
Parks (5+)
- Cecelia Creek Falls Park187 m
- Glasgow Park190 m
- Rutledge Park278 m
- Jackson Street Park · 3173 Jackson Street460 m
- Mars Street Park599 m
Pharmacies (1)
- Thrifty Foods322 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($16,000) — 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.