Property Type: Condo / ApartmentOwnership: Strata

7348 Ridgedown Crt

Central Saanich, BC V8M2H7

$1,374,900

4 bed3 bath2 parking3,441 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
House
Lot size
8,514 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$90/mo
Annual property tax
$7,567

Interior

Heating
Heat Pump, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (3)

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
PorchLower level8'7 x 10'10
PatioLower level5'11 x 9'4
PatioLower level15'8 x 22'3
BathroomLower level4-Piece
BedroomLower level10'6 x 14'7
EntranceLower level11'7 x 11'2
Laundry roomLower level8'11 x 12'0
StorageLower level9'5 x 11'4
StorageLower level6'7 x 5'7
DenLower level13'3 x 12'11
Recreation roomLower level22'1 x 14'2
BalconyMain level6'0 x 14'1
BalconyMain level25'0 x 9'11
BathroomMain level4-Piece
EnsuiteMain level4-Piece
BedroomMain level11'3 x 10'11
BedroomMain level11'3 x 10'11
Primary BedroomMain level14'6 x 14'8
Family roomMain level18'1 x 13'1
Eating areaMain level10'11 x 5'0
KitchenMain level9'10 x 14'11
Dining roomMain level14'0 x 11'7
Living roomMain level14'7 x 12'11

Listing Information

MLS®
1045186
Listed
August 10, 2026
Time on market
On the market for 21 days
Data last synced
August 28, 2026

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

Description

First time on the market! Built for the original owner, this beautifully maintained home has been lovingly cared for and offers exceptional pride of ownership throughout. Tucked away on a quiet cul-de-sac in the heart of Central Saanich, you'll enjoy peaceful pastoral views while being just 15 minutes from Sidney, Victoria International Airport, BC Ferries, downtown Victoria, beaches, and countless parks and amenities. Designed with flexibility in mind, this spacious home is ideal for growing families, multi-generational living, or those seeking suite potential. The bright main level features an inviting living and dining area with a cozy gas fireplace, a generous family room with a second gas fireplace, and a well-appointed kitchen with stainless steel appliances complete with a large island, eating area, and abundant workspace. Three bedrooms and two full bathrooms complete the upper-level living areas, including a spacious primary retreat with a walk-in closet and a bright spa-inspired ensuite. Step outside onto the private wraparound deck, the perfect place to enjoy your morning coffee, entertain family and friends, or unwind while taking in the peaceful surroundings. The lower level offers outstanding versatility with a large recreation room featuring a third gas fireplace, a fourth bedroom, a spacious home office, laundry room, extensive storage, and an oversized double garage. The layout lends itself well to an in-law suite or mortgage helper, if desired. Additional highlights include an energy- efficient heat pump for year-round comfort, mature landscaping that provides excellent privacy and curb appeal, and a fully fenced backyard offering plenty of space for children, pets, gardening, or future landscaping. Priced well below BC Assessment, offering outstanding value, here is your opportunity to own a spacious, quality-built home in one of the Peninsula's most desirable communities. (id:63159)

Values & Trends

This listing

$400/sqft

Building average

No other active listings in this building

Saanichton average

$752/sqft

11 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)

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
Stelly's SecondarySecondary1.7 km
Keating ElementaryElementary1.7 km
SD 63 Individual Learning CentreSecondary2.3 km
Brentwood ElementaryElementary2.9 km
Bayside Middle SchoolMiddle3.5 km
ḰELSET ElementaryElementary5.0 km
Lakeview Christian School(Independent)Elementary/Middle5.9 km
Cordova Bay ElementaryElementary6.8 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

Parks (3)

  • Seamount Park565 m
  • Seabrook Park647 m
  • Unnamed710 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($112,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,099,920.00
Periodic payment — Principal & Interest (monthly)$7,096.31
Additional monthly expenses (strata, tax, utilities, etc.)$892.58
Total monthly cost$7,988.89
Interest paid over 5-yr term$315,240.23
Balance at end of term$989,381.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$112,490
Stress test qualifying rate8.09%
Payment you must qualify for$9,707.49

Cash Needed at Closing

Minimum down payment$112,490
Estimated BC PTT$25,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$139,488

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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