Property Type: TownhouseOwnership: Strata

4 991 McKenzie Ave

Saanich, BC V8X3G8

$750,000

3 bed2 bath2 parking1,030 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,568 square feet
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$841/mo
Annual property tax
$3,827.2

Interior

Heating
Baseboard heaters, Heat Recovery Ventilation (HRV), Electric
Cooling / A/C
Air Conditioned
Fireplace
None

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
BedroomLower level10'3 x 9'8
EntranceLower level7'5 x 6'9
PatioSecond level3'1 x 10'4
Primary BedroomSecond level10'3 x 13'8
BathroomSecond level8'9 x 9'4
BedroomSecond level8'10 x 9'4
BathroomMain level5'0 x 5'0
KitchenMain level9'8 x 10'8
Living roomMain level11'4 x 16'0
Dining roomMain level9'8 x 12'11

Listing Information

MLS®
1033214
Listed
April 23, 2026
Time on market
On the market for 130 days
Data last synced
August 28, 2026

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

Description

A rare offering in Saanich’s Built Green “Otto” development, Unit 4 stands out with TWO PARKING spots, a private garage with EV charger and an additional outdoor stall, plus a versatile three level floor plan that lives larger than expected. The private patio sets the tone, offering an inviting outdoor space for summer grilling and relaxed evenings. Inside, the open concept main level is anchored by a quartz peninsula that makes everyday living and entertaining feel effortless. Upstairs, the vaulted ceiling primary primary bedroom offers privacy and a sleek modern ensuite. Downstairs, the third bedroom adds real flexibility as a guest room, home office, studio, or premium student space near its own entry. With a high efficiency heat pump for year round comfort, Swan Lake steps away, UVic minutes from home, and the Galloping Goose providing a straight car-free ride downtown, this is smart, connected living with lasting value. Text Brock to book a private viewing (id:63159)

Values & Trends

This listing

$728/sqft

Building average

$693/sqft

1 active listing(s)

Quadra average

$573/sqft

3 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

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)Secondary386 m
Reynolds SecondaryElementary704 m
Lake Hill ElementaryElementary1.0 km
Rogers ElementaryElementary1.1 km
Pacific Christian School(Independent)Elementary1.2 km
St. Margaret's(Independent)K-121.3 km
McKenzie ElementaryElementary1.7 km
Braefoot ElementaryElementary1.8 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 Spot431 m
  • The Keg · 3940 Quadra Street644 m

Cafes (2)

  • Starbucks455 m
  • Tim Hortons584 m

Grocery (4)

  • Thrifty Foods Quadra · 3995 Quadra Street426 m
  • Planet Organic Market462 m
  • Jempoy's Lechon Victoria · 4087 Quadra Street606 m
  • Vicart · 4089 Quadra Street618 m

Parks (5+)

  • Annie Park119 m
  • Unnamed502 m
  • Unnamed634 m
  • Rainbow Park674 m
  • Rainbow Ridge Park705 m

Shopping (1)

  • Saanich Centre441 m

Gyms (2)

  • Anytime Fitness560 m
  • Quadra Sports & Fitness · 3946 Quadra Street590 m

Pharmacies (1)

  • London Drugs480 m

Banks & ATMs (2)

  • Unnamed249 m
  • TD266 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($50,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$600,000.00
Periodic payment — Principal & Interest (monthly)$3,871.00
Additional monthly expenses (strata, tax, utilities, etc.)$1,211.93
Total monthly cost$5,082.93
Interest paid over 5-yr term$171,961.72
Balance at end of term$539,701.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$50,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,382.75

Cash Needed at Closing

Minimum down payment$50,000
Estimated BC PTT$13,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,500

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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