Property Type: Condo / ApartmentOwnership: Strata

409 1009 McKenzie Ave

Saanich, BC V8X4B1

$519,000

3 bed2 bath1 parking1,389 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,389 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$830/mo
Annual property tax
$3,120

Interior

Heating
Baseboard heaters, Hot Water
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
1 — covered indicated
Features
Detached Garage

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomSecond level13'2 x 29'6
EnsuiteMain level2-Piece
BedroomMain level13'4 x 10'1
BathroomMain level4-Piece
Primary BedroomMain level11'1 x 18'5
KitchenMain level8'1 x 7'10
Dining roomMain level9'8 x 8'3
Living roomMain level11'8 x 18'4

Listing Information

MLS®
1045055
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Island Living (PK) · Data source: CREA DDF.

Description

Nearly 1,400 sqft, top-floor corner unit, two balconies and vaulted ceilings. Currently the lowest-priced freehold condo over 1,350 sqft in Victoria. This bright and spacious home offers exceptional value with treetop views, natural light, and a functional layout. Recent updates include hickory hardwood flooring, custom solid maple cabinetry, updated appliances, and fresh paint throughout. Residents enjoy an impressive amenity package including an indoor pool, hot tub, sauna, workshop, library, lounge, and billiards room. Heat and hot water are included in the strata fees. Dedicated parking, secure bike storage, and a storage locker on the same floor for added convenience. Walking distance to groceries, Swan Lake, parks, and transit. Minutes to UVic, Uptown, and downtown Victoria. Rentals permitted and no age restrictions. A rare opportunity to secure outstanding square footage, amenities, and value in a central Victoria location. Currently vacant and ready for quick possession. For any questions call Niko Turcotte 403-891-4412 (id:63159)

Values & Trends

This listing

$374/sqft

Building average

$391/sqft

3 active listing(s)

Quadra average

$523/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)

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

67

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)Secondary526 m
Reynolds SecondaryElementary564 m
Lake Hill ElementaryElementary1.0 km
Rogers ElementaryElementary1.2 km
St. Margaret's(Independent)K-121.3 km
Pacific Christian School(Independent)Elementary1.4 km
Braefoot ElementaryElementary1.6 km
McKenzie 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 Spot293 m
  • The Keg · 3940 Quadra Street529 m

Cafes (2)

  • Starbucks316 m
  • Tim Hortons445 m

Grocery (4)

  • Thrifty Foods Quadra · 3995 Quadra Street287 m
  • Planet Organic Market323 m
  • Jempoy's Lechon Victoria · 4087 Quadra Street671 m
  • Vicart · 4089 Quadra Street682 m

Parks (5+)

  • Annie Park148 m
  • Unnamed614 m
  • Unnamed642 m
  • Leeds Park727 m
  • Unnamed766 m

Shopping (1)

  • Saanich Centre302 m

Gyms (2)

  • Anytime Fitness421 m
  • Quadra Sports & Fitness · 3946 Quadra Street470 m

Pharmacies (1)

  • London Drugs344 m

Banks & ATMs (2)

  • Unnamed136 m
  • TD150 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($26,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$415,200.00
Periodic payment — Principal & Interest (monthly)$2,678.73
Additional monthly expenses (strata, tax, utilities, etc.)$1,159.19
Total monthly cost$3,837.92
Interest paid over 5-yr term$118,997.51
Balance at end of term$373,473.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$26,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,784.08

Cash Needed at Closing

Minimum down payment$26,900
Estimated BC PTT$8,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,780

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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