508 Davida Ave
Saanich, BC V9A2C7
$785,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,132 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,425.88
Interior
- Heating
- Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 3
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Other | — |
| Storage | Main level | — |
| Laundry room | Main level | — |
| Entrance | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Kitchen | Main level | — |
| Bathroom | Main level | 4-Piece |
| Bedroom | Main level | — |
| Primary Bedroom | Main level | — |
Listing Information
- MLS®
- 1046379
- Listed
- August 7, 2026
- Time on market
- On the market for 24 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.
Description
Opportunity knocks! This 2-bedroom, 1-bathroom rancher is situated on a level, private lot in a convenient location just minutes from Tillicum Mall, the Gorge Waterway, parks, schools, and transit. Offering solid bones and plenty of potential, this home is ready for your ideas and updates. Whether you're a first-time buyer looking to build equity, an investor seeking your next project, or someone searching for an affordable alternative to condo living without strata fees, the possibilities are endless. The spacious yard provides privacy, room for gardening, entertaining, or future enhancements. Enjoy the convenience of nearby shopping, recreation, and everyday amenities while living in an established neighbourhood. Bring your vision and transform this property into something special. A fantastic opportunity to invest in a sought-after area and add value through thoughtful renovations. Don't miss your chance to unlock the potential of this well-located property! (id:63159)
Values & Trends
This listing
$643/sqft
Building average
—
No other active listings in this building
Tillicum average
$556/sqft
6 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
41
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
| School | Type | Distance |
|---|---|---|
| Tillicum Community School | Elementary | 743 m |
| St Joseph's Catholic(Independent) | Elementary | 889 m |
| Colquitz Middle School | Elementary | 985 m |
| Spectrum Community | Secondary | 991 m |
| Ecole Marigold School | Elementary | 993 m |
| Craigflower Elementary | Elementary | 1.4 km |
| McKenzie Elementary | Elementary | 1.7 km |
| Esquimalt High School | Secondary | 1.8 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 (5+)
- Edo Japan · 3170 #0103D Tillicum Road545 m
- The Olive Branch · 3170 Tillicum Road562 m
- A&W · 3170 Tillicum Road571 m
- Montana's · 315 Burnside Road West589 m
- Il Greco: Pizzeria & Kebab · 300 Gorge Road West676 m
Cafes (1)
- Starbucks537 m
Grocery (2)
- Save-On-Foods593 m
- Fairway Market Gorge Centre · 272 Gorge Road West665 m
Parks (5+)
- Tillicum Park247 m
- Walter Park258 m
- Meadow Park267 m
- Cuthbert Holmes Park345 m
- Unnamed636 m
Shopping (4)
- Winners499 m
- Tillicum Centre · 3170 Tillicum Road520 m
- London Drugs589 m
- Gorge Shopping Centre652 m
Gyms (1)
- Anytime Fitness599 m
Pharmacies (2)
- Unnamed586 m
- Unnamed · 2947 Tillicum Road660 m
Banks & ATMs (4)
- Localcoin Bitcoin ATM494 m
- Coast Capital Savings560 m
- TD · 309 Burnside Road West645 m
- CIBC · 2925 Tillicum Road677 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.8% ($53,500) — 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.