Property Type: Condo / ApartmentOwnership: Strata

303 1068 Tolmie Ave

Saanich, BC V8X4T4

$450,000

2 bed2 bath1 parking1,043 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,043 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$552/mo
Annual property tax
$2,417

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1 — covered indicated
Features
Carport

Restrictions & Policies

Pets
Not 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
BathroomLower level2-Piece
BedroomMain level
EnsuiteMain level4-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1043591
Listed
July 20, 2026
Time on market
On the market for 42 days
Data last synced
August 28, 2026

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

Description

Welcome to this bright, 3rd-floor corner condo on the quiet side of the building in beautiful Maplewood! Tucked away on a quiet street yet close to everything, you are just a short walk from Mayfair Mall, great coffee spots, and restaurants, with easy transit and a quick drive to downtown Victoria. This over 1,000 sq ft, 2-bed, 1.5-bath layout features a huge primary bedroom with extra closet space and its own ensuite. The second bedroom features double French doors opening to the living room—perfect for a home office or guest room. Enjoy a spacious dining area, a functional kitchen, and the convenience of in-suite laundry. Positioned in the building just steps from a huge 5,000 sq ft common courtyard with a covered gazebo, garden tool shed, and BBQ zone—it feels just like having your own backyard! Includes secure parking, bike storage, a separate locker, and visitor parking. This incredible deal will not last long - call today for a viewing! (id:63159)

Values & Trends

This listing

$431/sqft

Building average

No other active listings in this building

Maplewood average

$496/sqft

4 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

41

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
Ecole Quadra ElementaryElementary383 m
Cloverdale Traditional ElementaryElementary494 m
Oak and Orca Bioregional School(Independent)K-121.2 km
SJ Burnside Education CentreSecondary1.3 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.3 km
Selkirk Montessori School(Independent)Elementary/Middle1.6 km
Doncaster ElementaryElementary1.9 km
Victoria School for Ideal Education(Independent)Elementary/Middle1.9 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+)

  • Shushi Ru · 3189 Quadra Street84 m
  • Bin 4 Burger Lounge567 m
  • Red Robin · 800 Tolmie Avenue586 m
  • Royal Spice Fine Indian Cuisine603 m
  • Lot 1 Pasta Bar617 m

Cafes (2)

  • Roundhouse Cafe492 m
  • Starbucks622 m

Grocery (2)

  • H Mart587 m
  • Thrifty Foods · 3475 Quadra Street623 m

Parks (5+)

  • Jackson Street Park · 3173 Jackson Street210 m
  • Cecelia Creek Falls Park247 m
  • Quadra Heights Playground · 825 Villance Street407 m
  • Rutledge Park408 m
  • Mars Street Park482 m

Shopping (1)

  • Mayfair Shopping Centre · 3147 Douglas Street725 m

Pharmacies (1)

  • Thrifty Foods635 m

Banks & ATMs (1)

  • CIBC637 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$805.28
Total monthly cost$3,127.87
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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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