Property Type: Condo / ApartmentOwnership: Strata

406 3258 Alder St

Saanich, BC V8X1P3

$474,900

2 bed1 bath1 parking860 sqftBuilt 1984
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$540/mo
Annual property tax
$2,420.96

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Refrigerator, Range - Electric, Dishwasher

Exterior & Lot

Lot features
Level lot, Private setting, Irregular lot size

Building

Parcel ID (PID)
001-241-834

Parking

Total spaces
1 — uncovered indicated
Features
Open

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
StorageMain level3'10 x 6'0
StorageMain level5'5 x 5'7
BedroomMain level
BathroomMain level4-Piece
Primary BedroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
BalconyMain level
EntranceMain level

Listing Information

MLS®
1038668
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
September 1, 2026

Listing provided by: DFH Real Estate Ltd. · Data source: CREA DDF.

Description

TOP FLOOR CORNER UNIT in Alder Manor! Bright and well-maintained 2 bed, 1 bath condo offering 860 sqft of comfortable living on quiet side and in a prime Saanich East location. Features include wide plank vinyl flooring through the main living areas, updated bathroom vanity, and excellent in-unit storage. Enjoy a spacious living/dining area with balcony overlooking a peaceful neighbourhood. Walking distance to Mayfair Mall, Uptown, restaurants, transit and Rutledge Park just steps away. The professionally managed building has seen key updates including vinyl windows, patio doors, balconies and boilers. No age restrictions, BBQ's allowed, and pet friendly—1 dog (no size restriction) & 1 cat or 2 cats permitted. Shared laundry on main floor and 1 parking stall included. Move-in ready and a great opportunity in today’s market! (id:63159)

Values & Trends

This listing

$552/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
Cloverdale Traditional ElementaryElementary723 m
Ecole Quadra ElementaryElementary728 m
SJ Burnside Education CentreSecondary973 m
Selkirk Montessori School(Independent)Elementary/Middle1.4 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 Lounge74 m
  • Royal Spice Fine Indian Cuisine154 m
  • Lot 1 Pasta Bar169 m
  • Red Robin · 800 Tolmie Avenue262 m
  • Shushi Ru · 3189 Quadra Street484 m

Cafes (5+)

  • Roundhouse Cafe285 m
  • Starbucks379 m
  • Tim Hortons423 m
  • Starbucks · 3180 Douglas Street545 m
  • Starbucks619 m

Grocery (3)

  • H Mart343 m
  • Save-On-Foods · 3510 Blanshard Street792 m
  • Thrifty Foods · 3475 Quadra Street796 m

Parks (5+)

  • Rutledge Park242 m
  • Mayfair Green377 m
  • Quadra Heights Playground · 825 Villance Street404 m
  • Blanshard Park547 m
  • Glasgow Park559 m

Shopping (3)

  • Mayfair Shopping Centre · 3147 Douglas Street473 m
  • Walmart · 3460 Saanich Road707 m
  • Uptown765 m

Pharmacies (2)

  • Shoppers Drug Mart · 3511 Blanshard Street673 m
  • Rexall702 m

Banks & ATMs (5+)

  • Khalsa Credit Union · 3318 Oak Street337 m
  • CIBC391 m
  • Island Savings · 3195 Douglas Street470 m
  • Scotiabank568 m
  • BMO · 3451 Saanich Road605 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$379,920.00
Periodic payment — Principal & Interest (monthly)$2,451.11
Additional monthly expenses (strata, tax, utilities, etc.)$784.75
Total monthly cost$3,235.86
Interest paid over 5-yr term$108,886.16
Balance at end of term$341,739.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,745
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.22

Cash Needed at Closing

Minimum down payment$23,745
Estimated BC PTT$7,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,743

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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