No longer available in our current listing feed. The information below reflects the last time we synced this listing and may no longer be current.
Property Type: TownhouseOwnership: Strata

504 6880 Wallace Dr

Central Saanich, BC V8M1N8

$1,139,000

3 bed3 bath2 parking2,334 sqftBuilt 1989
Get Directions

Property Details

Property & Lot

Sub-type
Row / Townhouse
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$545/mo
Annual property tax
$5,950

Interior

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

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Hillside, Sloping, Other, Marine Oriented, Gated community

Building

Parcel ID (PID)
015-687-937

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
PatioLower level14'1 x 20'9
BathroomLower level3-Piece
Eating areaLower level8'4 x 8'7
BedroomLower level19'4 x 13'5
Family roomLower level16'0 x 26'5
BalconyMain level14'9 x 20'4
Laundry roomMain level7'0 x 14'4
EntranceMain level7'5 x 10'4
BathroomMain level4-Piece
BedroomMain level12'9 x 10'1
KitchenMain level10'11 x 9'9
EnsuiteMain level5-Piece
Dining nookMain level8'7 x 9'8
Primary BedroomMain level15'11 x 12'6
Dining roomMain level9'1 x 12'5
Living roomMain level16'2 x 12'5

Listing Information

MLS®
1048281
Listed
September 2, 2026
Time on market
On the market for 11 days
Data last synced
September 8, 2026

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

Description

Situated in the most desirable waterfront neighborhood in Brentwood Bay you will discover Port Royale Estates. A community famous for it's marina, ocean and mountain vistas. Designed to capture light, the spacious floorplan allows for main-level living as well as a lower level to spread out for family and guests. Perfect for downsizers who are still wanting substantial elbow room, plenty of storage and private out-door spaces. Imagine a master bedroom that allows for a full suite including a King Bed! A huge family room for when the kids come with their kids! Enjoy the benefits of living in a well run, well maintained complex with a proactive friendly council. The neighborhood has so much to offer from kayaking in the Bay, to walking trails and Gowlland Tod Park. Sail from the marina around the island or spend the afternoon exploring Butchart Gardens. All practical amenities are close by: shopping, airport, ferry & Victoria only 25 min. drive. Easy to view, call your agent today! (id:63159)

Values & Trends

This listing

$488/sqft

Building average

$525/sqft

1 active listing(s)

Brentwood Bay average

$538/sqft

6 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 (Hartland)

Cloudy

13°C

Cloudy

Humidity 84%

Wind NNW 5 km/h

Today

18°

Tonight

12°

Monday

16°

Monday night

11°

Tuesday

20°

Tuesday night

10°

Source: Environment and Climate Change Canada.

Population

17,385

(2021 Census)

+3.4% since 2016

Density: 422/km²

Dwellings: 7,621

Median household income: $103,000

After-tax: $90,000

Immigrant population: 16.2%

Top countries of origin (% of total population)

  • United Kingdom5.3% · 920
  • United States of America1.6% · 280
  • India0.9% · 165
  • Philippines0.9% · 160
  • Germany0.9% · 150
  • Netherlands0.7% · 120
  • South Africa, Republic of0.6% · 110
  • China0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Bayside Middle SchoolMiddle676 m
Brentwood ElementaryElementary1.3 km
Stelly's SecondarySecondary2.4 km
SD 63 Individual Learning CentreSecondary3.8 km
Keating ElementaryElementary4.4 km
Prospect Lake ElementaryElementary5.6 km
ḰELSET ElementaryElementary6.9 km
Lakeview Christian School(Independent)Elementary/Middle7.0 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 (3)

  • Azure Pier · 899 Marchant Road282 m
  • The Blue Poppy646 m
  • Dining Room Restaurant667 m

Cafes (1)

  • Coffee Shop648 m

Parks (5+)

  • Ravine Park150 m
  • Hardy Park210 m
  • Brentwood Heights Park278 m
  • Happy Day Park446 m
  • Brooks Park522 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($88,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$911,200.00
Periodic payment — Principal & Interest (monthly)$5,878.75
Additional monthly expenses (strata, tax, utilities, etc.)$1,158.03
Total monthly cost$7,036.79
Interest paid over 5-yr term$261,152.54
Balance at end of term$819,627.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$88,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,074.90

Cash Needed at Closing

Minimum down payment$88,900
Estimated BC PTT$20,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,180

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.

Request more information