Property Type: Condo / ApartmentOwnership: Strata

311 881 Short St

Saanich, BC V8X0B7

$669,800

2 bed2 bath1 parking870 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
870 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$549/mo
Annual property tax
$3,051.88

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
EnsuiteMain level3-Piece
BedroomMain level10'1 x 13'4
Laundry roomMain level6'3 x 4'3
DenMain level10'1 x 5'1
BathroomMain level4-Piece
Primary BedroomMain level10'1 x 14'6
KitchenMain level8'8 x 12'5
Living room/Dining roomMain level12'5 x 17'5
BalconyMain level20' x 8'

Listing Information

MLS®
1016036
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

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

Description

Welcome to ''The 881'' at Uptown! Masterful design & modern luxury are uniquely embodied in this new condo development. Unrivaled in location & amenities, close to shops, cafes, restaurants, fitness centers & more. With a walk score of 91, this development claims a desirable proximity to parks, walking trails, Uptown & Mayfair shopping centers. Reflecting a magical merging of inspiration & modern architecture, this luxury 2 bedrooms unit in an open & airy concept highlighting hardwood floors, S/S appliances, quartz counters, modern kitchens & VRF heat pump system w/high efficiency heating & cooling. Residents will enjoy the use of a large alfresco deck for relaxation & entertaining. As a ''Built Green Gold'' building w/sustainability in mind, this development includes rooftop garden plots, centralized gas hot water, high efficiency appliances, & more. The unit comes with a secure underground parking stall. (id:63159)

Values & Trends

This listing

$770/sqft

Building average

No other active listings in this building

Quadra average

$507/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

78

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 CentreSecondary1.1 km
Ecole Quadra ElementaryElementary1.2 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
Tillicum Community SchoolElementary1.5 km
Colquitz Middle SchoolElementary1.7 km
St Andrew's Regional High(Independent)Secondary1.8 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 Poké194 m
  • Erito Sushi203 m
  • Noodle Box254 m
  • The Chopped Leaf265 m
  • Jade Fountain Restaurant292 m

Cafes (5+)

  • Rhino Coffee House183 m
  • Starbucks295 m
  • Hey Happy320 m
  • Tim Hortons · 3501 Ravine Way513 m
  • Roundhouse Cafe528 m

Grocery (3)

  • Save-On-Foods · 3510 Blanshard Street358 m
  • Whole Foods Market · 3587 Blanshard Street474 m
  • H Mart717 m

Parks (5+)

  • Blanshard Park166 m
  • Rutledge Park578 m
  • Regina Park581 m
  • Taylor Park600 m
  • Rudd Park698 m

Shopping (3)

  • Walmart · 3460 Saanich Road233 m
  • Uptown281 m
  • Mayfair Shopping Centre · 3147 Douglas Street778 m

Gyms (2)

  • Steve Nash Fitness World346 m
  • CrossFit Vic City670 m

Pharmacies (2)

  • Shoppers Drug Mart · 3511 Blanshard Street191 m
  • Unnamed401 m

Banks & ATMs (5+)

  • BMO · 3451 Saanich Road140 m
  • Scotiabank190 m
  • Unnamed202 m
  • Khalsa Credit Union · 3318 Oak Street270 m
  • RBC Royal Bank285 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($41,980) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$535,840.00
Periodic payment — Principal & Interest (monthly)$3,457.06
Additional monthly expenses (strata, tax, utilities, etc.)$847.63
Total monthly cost$4,304.69
Interest paid over 5-yr term$153,573.28
Balance at end of term$481,989.81

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$41,980
Stress test qualifying rate8.09%
Payment you must qualify for$4,827.72

Cash Needed at Closing

Minimum down payment$41,980
Estimated BC PTT$11,396
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,876

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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