Property Type: Condo / ApartmentOwnership: Strata

404 1588 North Dairy Rd

Saanich, BC V8T3V4

$560,000

1 bed1 bath1 parking690 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$316/mo
Annual property tax
$2,813.85

Interior

Heating
Electric
Cooling / A/C
Fully air conditioned
Fireplace
None

Exterior & Lot

View
City view, Mountain view

Parking

Total spaces
1

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
BalconyMain level
OfficeMain level
BathroomMain level4-Piece
Primary BedroomMain level
Living roomMain level
Dining roomMain level
KitchenMain level
EntranceMain level

Listing Information

MLS®
1033505
Listed
May 5, 2026
Time on market
On the market for 118 days
Data last synced
August 28, 2026

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

Description

Welcome to “Fifteen88,” a 2020-built residence by award-winning Abstract Developments. This top-floor, south-facing one bedroom plus den offers 690 sq. ft. of bright, well-designed living space with an open-concept kitchen, dining and living area. The gourmet kitchen features a premium appliance package, quartz countertops, open display built-ins and an eating bar. Enjoy 9' ceilings, wide-plank flooring, oversized windows, in-suite laundry and a large sunny patio for outdoor living. Secure underground parking, separate storage locker, multiple bike rooms and a shared outdoor patio add convenience. Ideally located in Cedar Hill across from Hillside Mall and Walmart, close to Camosun, UVic, Cedar Hill trails, transit and downtown Victoria. Pets and rentals permitted. (id:63159)

Values & Trends

This listing

$812/sqft

Building average

$873/sqft

1 active listing(s)

Cedar Hill average

$702/sqft

12 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
Lansdowne Middle SchoolMiddle617 m
St. Michaels University School(Independent)K-12691 m
Artemis Place Secondary(Independent)Secondary797 m
Oaklands ElementaryElementary851 m
Doncaster ElementaryElementary902 m
Victoria School for Ideal Education(Independent)Elementary/Middle924 m
Oak and Orca Bioregional School(Independent)K-121.3 km
VI School of Innovation and Inquiry(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 (5+)

  • Hiro Sushi Xpress268 m
  • Noodle Fans285 m
  • Sushi Island · 1633 Hillside Avenue400 m
  • Sarpino's Pizzeria · 3009 Gosworth Road638 m
  • East Garden Restaurant · 2888 Belmont Avenue749 m

Cafes (3)

  • Starbucks297 m
  • Tim Hortons · 1644 Hillside Avenue314 m
  • Tim Hortons364 m

Grocery (1)

  • Thrifty Foods · 1580 Hillside Avenue405 m

Parks (5+)

  • Clawthorpe Park · 1619 Clawthorpe Avenue265 m
  • Browning Park393 m
  • Wetherby Park · 3250 Wetherby Road446 m
  • Doncaster Greenway583 m
  • Oswald Park · 3031 Cedar Hill Road728 m

Shopping (4)

  • Walmart133 m
  • Marshalls · 1644 Hillside Avenue203 m
  • Hillside Centre · 1644 Hillside Avenue244 m
  • Canadian Tire · 1610 Hillside Avenue348 m

Pharmacies (2)

  • Shoppers Drug Mart203 m
  • Pharmasave · 1641 Hillside Avenue397 m

Banks & ATMs (3)

  • Scotiabank175 m
  • CIBC338 m
  • RBC Royal Bank433 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 404 1588 North Dairy Rd

View building profile →
Built 2020

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($31,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$448,000.00
Periodic payment — Principal & Interest (monthly)$2,890.34
Additional monthly expenses (strata, tax, utilities, etc.)$585.49
Total monthly cost$3,475.83
Interest paid over 5-yr term$128,398.09
Balance at end of term$402,977.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,067.82

Cash Needed at Closing

Minimum down payment$31,000
Estimated BC PTT$9,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$41,700

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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