Property Type: Condo / ApartmentOwnership: StrataRECENTLY LISTED

301 881 Short St

Saanich, BC V8P2L3

$631,000

2 bed2 bath1 parking870 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
865 square feet
Zoning
Residential/Commercial

C-5

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$320/mo
Annual property tax
$3,281.7

Interior

Heating
Heat Pump, Forced air, Electric
Cooling / A/C
Air Conditioned
Fireplace
None

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
EntranceMain level7' x 4'
EnsuiteMain level3-Piece
BedroomMain level10' x 10'
Laundry roomMain level7' x 5'
DenMain level10' x 5'
BathroomMain level4-Piece
Primary BedroomMain level10' x 11'
KitchenMain level8' x 12'
Dining roomMain level6' x 12'
Living roomMain level11' x 12'
BalconyMain level30' x 8'

Listing Information

MLS®
1047878
Listed
August 26, 2026
Time on market
On the market for 6 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Welcome to “The 881” at Uptown! This bright 2-bedroom plus den, 2-bathroom suite offers 870 sq. ft. of well-designed living space in an unbeatable location. The open floor plan features hardwood floors, a modern kitchen with quartz countertops, stainless steel appliances and a large island, flowing into the dining and living areas. The primary bedroom features a 3-piece ensuite, while the den is perfect for a home office or storage. Enjoy the oversized covered balcony—ideal for relaxing or entertaining year-round. A VRF heat pump provides efficient heating and cooling, plus in-suite laundry and secure underground parking. Built Green Gold, The 881 features rooftop gardens, centralized gas hot water and a shared outdoor deck. Ideally located steps from Uptown Shopping Centre and close to Mayfair, restaurants, cafés, fitness, parks, walking trails, transit and everyday amenities. Urban convenience and modern comfort in an exceptional location! (id:63159)

Values & Trends

This listing

$725/sqft

Building average

No other active listings in this building

Quadra average

$509/sqft

24 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

81

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
SJ Burnside Education CentreSecondary1.2 km
Ecole Quadra ElementaryElementary1.3 km
Tillicum Community SchoolElementary1.5 km
Selkirk Montessori School(Independent)Elementary/Middle1.6 km
Colquitz Middle SchoolElementary1.7 km
St Andrew's Regional High(Independent)Secondary1.7 km
Reynolds SecondaryElementary1.9 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+)

  • Ono Poké170 m
  • Erito Sushi185 m
  • Noodle Box245 m
  • The Chopped Leaf250 m
  • Boston Pizza252 m

Cafes (5+)

  • Rhino Coffee House169 m
  • Starbucks245 m
  • Hey Happy266 m
  • Tim Hortons · 3501 Ravine Way428 m
  • Starbucks511 m

Grocery (2)

  • Save-On-Foods · 3510 Blanshard Street255 m
  • Whole Foods Market · 3587 Blanshard Street399 m

Parks (5+)

  • Blanshard Park88 m
  • Regina Park554 m
  • Taylor Park584 m
  • Rutledge Park615 m
  • Tolmie Park691 m

Shopping (2)

  • Walmart · 3460 Saanich Road149 m
  • Uptown214 m

Gyms (2)

  • Steve Nash Fitness World279 m
  • CrossFit Vic City582 m

Pharmacies (2)

  • Shoppers Drug Mart · 3511 Blanshard Street122 m
  • Unnamed298 m

Banks & ATMs (5+)

  • BMO · 3451 Saanich Road166 m
  • Unnamed192 m
  • Scotiabank · 3521 Blanshard Street211 m
  • RBC Royal Bank · 3541 Blanshard Street253 m
  • RBC Royal Bank254 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($38,100) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$504,800.00
Periodic payment — Principal & Interest (monthly)$3,256.80
Additional monthly expenses (strata, tax, utilities, etc.)$637.47
Total monthly cost$3,894.27
Interest paid over 5-yr term$144,677.13
Balance at end of term$454,069.23

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,100
Stress test qualifying rate8.09%
Payment you must qualify for$4,559.19

Cash Needed at Closing

Minimum down payment$38,100
Estimated BC PTT$10,620
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,220

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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