Property Type: Condo / ApartmentOwnership: Strata

312 991 McKenzie Ave

Saanich, BC V8X0B5

$528,800

1 bed1 bath1 parking720 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
720 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$480/mo
Annual property tax
$2,720.02

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None

Parking

Total spaces
1

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
Primary BedroomMain level
DenMain level
Living roomMain level
KitchenMain level
EntranceMain level
BathroomMain level

Listing Information

MLS®
1044995
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

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

Description

A fantastic sunny South facing home on the quiet side of the building. This spacious 1 Bedroom+Den, overlooking green space & Annie Park. Beautifully finished with 9' ceilings, expansive windows, a generous deck, & a well-designed kitchen, this is far from your average newer condo. Built by Casman Properties & Built Green® Certified, this quality home offers lasting appeal for years to come. Enjoy an unbeatable location just a short walk to Saanich Centre, including Thrifty Foods & London Drugs, with convenient transit to both UVic & Downtown Victoria. Swan Lake & the Lochside Trail are nearby, making walking & cycling easy options. Building amenities include common EV chargers, secure parking, bike storage, & a storage locker. The versatile den is perfect as a home office, nursery, or small guest space, an outstanding opportunity for a wide range of buyers. Lobby and underground are accessed on quiet Annie st. View Now! (id:63159)

Values & Trends

This listing

$734/sqft

Building average

No other active listings in this building

Swan Lake average

$543/sqft

3 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)

20°C

Humidity 58%

Wind WSW 3 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

59

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
St Andrew's Regional High(Independent)Secondary412 m
Reynolds SecondaryElementary678 m
Lake Hill ElementaryElementary1.1 km
Rogers ElementaryElementary1.1 km
Pacific Christian School(Independent)Elementary1.3 km
St. Margaret's(Independent)K-121.4 km
McKenzie ElementaryElementary1.7 km
Braefoot ElementaryElementary1.7 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 (2)

  • White Spot403 m
  • The Keg · 3940 Quadra Street597 m

Cafes (2)

  • Starbucks434 m
  • Tim Hortons564 m

Grocery (4)

  • Thrifty Foods Quadra · 3995 Quadra Street405 m
  • Planet Organic Market442 m
  • Jempoy's Lechon Victoria · 4087 Quadra Street661 m
  • Vicart · 4089 Quadra Street673 m

Parks (5+)

  • Annie Park65 m
  • Unnamed527 m
  • Unnamed581 m
  • Rainbow Park683 m
  • Unnamed716 m

Shopping (1)

  • Saanich Centre422 m

Gyms (2)

  • Anytime Fitness541 m
  • Quadra Sports & Fitness · 3946 Quadra Street545 m

Pharmacies (1)

  • London Drugs467 m

Banks & ATMs (2)

  • Unnamed252 m
  • TD268 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,880) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,040.00
Periodic payment — Principal & Interest (monthly)$2,729.31
Additional monthly expenses (strata, tax, utilities, etc.)$742.67
Total monthly cost$3,471.98
Interest paid over 5-yr term$121,244.48
Balance at end of term$380,525.85

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,880
Stress test qualifying rate8.09%
Payment you must qualify for$3,851.90

Cash Needed at Closing

Minimum down payment$27,880
Estimated BC PTT$8,576
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,956

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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