Property Type: Condo / ApartmentOwnership: Strata

318 1620 McKenzie Ave

Saanich, BC V8N0A1

$699,999

2 bed2 bath1 parking1,066 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,036 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$647/mo
Annual property tax
$3,185

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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 level11' x 11'
EnsuiteMain level3-Piece
BathroomMain level4-Piece
Primary BedroomMain level11' x 15'
KitchenMain level9' x 11'
Dining roomMain level6' x 9'
Living roomMain level14' x 16'
EntranceMain level5' x 8'

Listing Information

MLS®
1032872
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

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

Description

Welcome to this European inspired condo features a 9ft. ceilings, arched doorways, hardwood floors, fireplace, spa inspired bathrooms and well appointed kitchen with granite countertops, stainless appliances and maple cabinets. Fabulous location with shops, grocery and restaurants, minutes away from UVic and major bus routes. Underground secure parking and storage. Dogs and cats allowed! Come make it your Destined Home! Tenanted at least 24-hour notice * (id:63159)

Values & Trends

This listing

$657/sqft

Building average

$693/sqft

2 active listing(s)

Lambrick Park average

$614/sqft

6 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)

12°C

Humidity 89%

Wind NNW calm 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

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 MiddleElementary515 m
Campus View ElementaryElementary777 m
Mount Douglas SecondarySecondary998 m
Braefoot ElementaryElementary1.0 km
Maria Montessori Academy(Independent)Elementary1.1 km
Lambrick Park SecondarySecondary1.2 km
Gordon Head Middle SchoolElementary1.4 km
ArtsCalibre Academy(Independent)Elementary/Middle1.4 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 (4)

  • Lee's House Asian Fusion Bistro367 m
  • Unnamed769 m
  • Laila Laila Hotpot · 1546 Cedar Hill Cross Road787 m
  • The Rack Bistro · 1550 Cedar Hill Cross Road790 m

Cafes (4)

  • Tim Hortons127 m
  • Tim Hortons · 3990 Shelbourne Street361 m
  • Ding Tea · 3749 Shelbourne Street768 m
  • Noodle Box774 m

Grocery (2)

  • Thrifty Foods · 1626 McKenzie Avenue6 m
  • Fairway Market McKenzie · 1521 McKenzie Avenue246 m

Parks (5+)

  • Onyx Park541 m
  • Glencraig Park542 m
  • Blair Park687 m
  • Feltham Park766 m
  • Bow Park766 m

Shopping (1)

  • Shelbourne Village Square · 3749 Shelbourne Street797 m

Pharmacies (2)

  • Rexall99 m
  • University Heights Pharmacy376 m

Banks & ATMs (3)

  • CIBC · 3959 Shelbourne Street71 m
  • RBC143 m
  • Coast Capital Savings · 3750 Shelbourne Street798 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($45,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,999.00
Periodic payment — Principal & Interest (monthly)$3,612.92
Additional monthly expenses (strata, tax, utilities, etc.)$965.13
Total monthly cost$4,578.05
Interest paid over 5-yr term$160,497.32
Balance at end of term$503,720.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$45,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,036.71

Cash Needed at Closing

Minimum down payment$45,000
Estimated BC PTT$12,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,500

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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