Property Type: Condo / ApartmentOwnership: Strata

302 3880 Shelbourne St

Saanich, BC V8P4H7

$389,900

1 bed1 bath1 parking690 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
690 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$490/mo
Annual property tax
$2,302.9

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — uncovered indicated
Features
Open

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

RoomLevelDimensions
BalconyMain level
BathroomMain level4-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1044931
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty · Data source: CREA DDF.

Description

Welcome to Tara Court! This bright and inviting 1 bed, 1 bath condo offers 690 sq.ft. of living space with a desirable southwest-facing exposure, filling the home with natural light throughout the afternoon and evening. Recent building upgrades include brand-new energy-efficient windows and sliding patio doors, providing added comfort, efficiency, and long-term value. Comes with one assigned parking stall & storage. Easy access to UVic, Camosun College, Hillside/University Heights/Mayfair Shopping Centres, Mt Tolmie, Mt Douglas Park, restaurants, cafés, grocery stores, recreation, and excellent transit. This professionally managed and proactively maintained condo is an excellent opportunity for first-time buyers looking to enter the market, investors, or students wanting to build equity while attending university instead of renting, or downsizers seeking a low-maintenance home in a walkable, central location. (id:63159)

Values & Trends

This listing

$565/sqft

Building average

No other active listings in this building

Cedar Hill average

$723/sqft

12 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

48

7/9 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
Cedar Hill MiddleElementary389 m
Campus View ElementaryElementary842 m
Doncaster ElementaryElementary939 m
Braefoot ElementaryElementary1.1 km
Mount Douglas SecondarySecondary1.3 km
St. Michaels University School(Independent)K-121.5 km
Maria Montessori Academy(Independent)Elementary1.5 km
Lambrick Park SecondarySecondary1.7 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+)

  • Laila Laila Hotpot · 1546 Cedar Hill Cross Road264 m
  • The Rack Bistro · 1550 Cedar Hill Cross Road267 m
  • Unnamed268 m
  • Fig Delicatessen · 1551 Cedar Hill Cross Road347 m
  • Heart of Asia419 m

Cafes (5+)

  • Ding Tea · 3749 Shelbourne Street261 m
  • Noodle Box282 m
  • Phonomenal320 m
  • Tim Hortons · 3749 Shelbourne Street330 m
  • Starbucks445 m

Grocery (5+)

  • SaanniSunny Asian Market · 1551 Cedar Hill Cross Road341 m
  • Fairway Market McKenzie · 1521 McKenzie Avenue434 m
  • Fairway Market Shelbourne Plaza · 3651 Shelbourne Street474 m
  • Thrifty Foods · 1626 McKenzie Avenue530 m
  • Bulk Barn · 3609 Shelbourne Street611 m

Parks (5+)

  • Gore-Peace Memorial Park403 m
  • Rendle Green522 m
  • Horner Park527 m
  • Onyx Park532 m
  • Jennifer Park660 m

Shopping (2)

  • Shelbourne Village Square · 3749 Shelbourne Street296 m
  • Shelbourne Plaza506 m

Pharmacies (2)

  • Heart Pharmacy IDA · 3643 Shelbourne Street520 m
  • Rexall593 m

Banks & ATMs (5+)

  • Coast Capital Savings · 3750 Shelbourne Street276 m
  • Vancity · 1590 Cedar Hill Cross Road357 m
  • TD · 3675 Shelbourne Street391 m
  • RBC563 m
  • CIBC · 3959 Shelbourne Street566 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$311,920.00
Periodic payment — Principal & Interest (monthly)$2,012.40
Additional monthly expenses (strata, tax, utilities, etc.)$716.65
Total monthly cost$2,729.05
Interest paid over 5-yr term$89,397.17
Balance at end of term$280,573.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,848.28

Cash Needed at Closing

Minimum down payment$19,495
Estimated BC PTT$5,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,793

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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