506 5388 Hill Rise Terr
Saanich, BC V8Y3K3
$2,250,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $896/mo
- Annual property tax
- $9,779
Interior
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Exterior & Lot
- View
- Mountain view, Ocean view, Valley view
Parking
- Total spaces
- 3
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
| Room | Level | Dimensions |
|---|---|---|
| Laundry room | Main level | — |
| Balcony | Main level | — |
| Balcony | Main level | — |
| Balcony | Main level | — |
| Pantry | Main level | — |
| Office | Main level | — |
| Media | Main level | — |
| Bathroom | Main level | 3-Piece |
| Bedroom | Main level | — |
| Ensuite | Main level | 5-Piece |
| Primary Bedroom | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1047024
- Listed
- August 15, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 28, 2026
Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.
Description
THE PINNACLE at SAYWARD HILL! 2019 concrete/steel building by JAWL DEV. is the height of luxury living. This SW corner unit provides exceptionally quiet, ocean, mountain, golf course views with an abundance of year-round natural light from many windows on all three sides. Exceptional 2 bed/2 bath home exudes sophistication and elegance with its meticulously curated 2,092sf layout, including guest bedroom wing, media room and office. Thoughtful design features upgrades including 8 Miele appliances, Control4 for motorized blinds, lighting, and sound, custom cabinetry includes office, closet systems, retractable LR TV cabinet, built with quality and detail. The 5-zone AC/heat pump, designer custom surround gas fireplace, retractable screens, safe. 2 spacious outdoor balconies, both with gas heaters provide breathtaking views while entertaining or relaxing in style. With 3 secure parking stalls, EV charger, storage locker, community gym, & workshop, this is a truly extraordinary residence! (id:63159)
Values & Trends
This listing
$1,076/sqft
Building average
$972/sqft
3 active listing(s)
Cordova Bay average
$850/sqft
25 active listing(s)
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
15
2/9 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
| School | Type | Distance |
|---|---|---|
| Lakeview Christian School(Independent) | Elementary/Middle | 494 m |
| Cordova Bay Elementary | Elementary | 847 m |
| Claremont Secondary | Secondary | 1.6 km |
| Lochside Elementary | Elementary | 3.6 km |
| Royal Oak Middle School | Middle | 4.0 km |
| Prospect Lake Elementary | Elementary | 4.0 km |
| Keating Elementary | Elementary | 4.5 km |
| St. Margaret's(Independent) | K-12 | 5.6 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
Cafes (1)
- Adriennes Tea Garden541 m
Parks (5+)
- Sayward Hill Park · 750 Cordova Bay Road115 m
- Sayward Hill Park503 m
- Beckton Park535 m
- Lochside Park656 m
- Mattick's Wood Park703 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
Other Listings in This Building
Other units currently listed in the same building. 506 5388 Hill Rise Terr
$1,600,000
602 5388 Hill Rise Terr, Saanich
$896/mo maintenance
$1,975,000
103 5388 Hill Rise Terr, Saanich
$896/mo maintenance
$1,899,000
301 5388 Hill Rise Terr, Saanich
$896/mo maintenance
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($450,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.