Property Type: Condo / ApartmentOwnership: Strata

306 990 Doumac Ave

Saanich, BC V8Y1M4

$1,350,000

2 bed2 bath2 parking1,420 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,579 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$519/mo
Annual property tax
$0

Interior

Heating
Heat Pump, Baseboard heaters, Electric, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Stove, Dryer, Microwave

Exterior & Lot

View
Ocean view

Building

Parcel ID (PID)
032-679-734

Parking

Total spaces
2

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
BedroomMain level
KitchenMain level
BathroomMain level4-Piece
DenMain level
EnsuiteMain level4-Piece
Primary BedroomMain level

Listing Information

MLS®
1033155
Listed
April 23, 2026
Time on market
On the market for 130 days
Data last synced
August 30, 2026

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

Description

Open House Sat 1-3pm. OCEAN VIEWS + 2 PARKING STALLS INCLUDED! Just 5 homes left. Unit 306 is the largest remaining home available! Why Buy Small? This 2 bed + den, 2 bath home offers over 1,400 sqft and exceptional value at just over $950/sqft—among the best in the area. Offering some of the largest and most functional new construction homes, this is a rare combination of space and value. Enjoy spacious interiors, large decks with gas connection, oversized storage, EV-ready secure parking, and dedicated bike storage. Built Green for long-term efficiency. Developed by award-winning Città Group, this boutique collection of 17 homes showcases West Coast design just steps to the beach. Move in today. **Limited-time: GST INCLUDED for the next 1 purchaser** (id:63159)

Values & Trends

This listing

$951/sqft

Building average

$786/sqft

4 active listing(s)

Cordova Bay average

$855/sqft

25 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

22

3/9 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
Cordova Bay ElementaryElementary472 m
Claremont SecondarySecondary948 m
Lakeview Christian School(Independent)Elementary/Middle1.6 km
Lochside ElementaryElementary2.6 km
Royal Oak Middle SchoolMiddle3.6 km
St. Margaret's(Independent)K-124.7 km
Prospect Lake ElementaryElementary4.8 km
Lake Hill ElementaryElementary5.0 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

Cafes (1)

  • Adriennes Tea Garden787 m

Parks (5+)

  • Unnamed236 m
  • Agate Park238 m
  • McMorran Park · 5099 Cordova Bay Road245 m
  • Unnamed301 m
  • Catalina Park316 m

Pharmacies (2)

  • IDA109 m
  • IDA · 5166 Cordova Bay Road109 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 8.1% ($110,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,080,000.00
Periodic payment — Principal & Interest (monthly)$6,967.79
Additional monthly expenses (strata, tax, utilities, etc.)$590.00
Total monthly cost$7,557.79
Interest paid over 5-yr term$309,531.10
Balance at end of term$971,463.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$110,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$110,000
Estimated BC PTT$25,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$136,500

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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