Property Type: Condo / ApartmentOwnership: Strata

402 3258 Alder St

Saanich, BC V8X1P2

$465,000

2 bed1 bath1 parking850 sqftBuilt 1984
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$539/mo
Annual property tax
$2,336.32

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Carport

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 level9' x 10'
BathroomMain level4-Piece
Primary BedroomMain level11' x 13'
KitchenMain level8' x 8'
Dining roomMain level8' x 10'
Living roomMain level13' x 15'
EntranceMain level9' x 8'
BalconyMain level6' x 17'

Listing Information

MLS®
1043282
Listed
July 16, 2026
Time on market
On the market for 46 days
Data last synced
August 28, 2026

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

Description

Welcome to this bright and spacious, top-floor corner condo offering 2 bedrooms, 1 bathroom and 850 sq ft of well-designed living space. The SE-facing corner position fills the home with natural light throughout the day. The updated kitchen flows into a large, open-concept living and dining area, ideal for everyday living or entertaining. The primary bedroom features double closets and the unit offers plenty of storage throughout. The large and sunny balcony provides a great space to relax. Enjoy an unbeatable, highly walkable location just steps to shopping, cafes, restaurants, transit and parks. PET FRIENDLY building with proactive strata. You won't want to miss this one - Book your showing today! (id:63159)

Values & Trends

This listing

$547/sqft

Building average

No other active listings in this building

Quadra average

$516/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)

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

52

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
Ecole Quadra ElementaryElementary731 m
Cloverdale Traditional ElementaryElementary734 m
SJ Burnside Education CentreSecondary963 m
Selkirk Montessori School(Independent)Elementary/Middle1.3 km
Oak and Orca Bioregional School(Independent)K-121.6 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.7 km
Tillicum Community SchoolElementary1.9 km
Reynolds SecondaryElementary2.1 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+)

  • Bin 4 Burger Lounge64 m
  • Royal Spice Fine Indian Cuisine144 m
  • Lot 1 Pasta Bar158 m
  • Red Robin · 800 Tolmie Avenue255 m
  • Shushi Ru · 3189 Quadra Street491 m

Cafes (5+)

  • Roundhouse Cafe294 m
  • Starbucks372 m
  • Tim Hortons413 m
  • Starbucks · 3180 Douglas Street535 m
  • Starbucks611 m

Grocery (2)

  • H Mart337 m
  • Save-On-Foods · 3510 Blanshard Street790 m

Parks (5+)

  • Rutledge Park253 m
  • Mayfair Green373 m
  • Quadra Heights Playground · 825 Villance Street404 m
  • Blanshard Park546 m
  • Glasgow Park569 m

Shopping (3)

  • Mayfair Shopping Centre · 3147 Douglas Street465 m
  • Walmart · 3460 Saanich Road704 m
  • Uptown761 m

Pharmacies (2)

  • Shoppers Drug Mart · 3511 Blanshard Street669 m
  • Rexall696 m

Banks & ATMs (5+)

  • Khalsa Credit Union · 3318 Oak Street329 m
  • CIBC383 m
  • Island Savings · 3195 Douglas Street460 m
  • Scotiabank560 m
  • BMO · 3451 Saanich Road599 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$372,000.00
Periodic payment — Principal & Interest (monthly)$2,400.02
Additional monthly expenses (strata, tax, utilities, etc.)$777.02
Total monthly cost$3,177.04
Interest paid over 5-yr term$106,616.27
Balance at end of term$334,615.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,396.90

Cash Needed at Closing

Minimum down payment$23,250
Estimated BC PTT$7,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,050

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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