7662 Wallace Dr
Central Saanich, BC V8M1N5
$899,900
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 7,804 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,184.43
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
- Appliances
- Washer, Refrigerator, Dishwasher, Dryer
Exterior & Lot
- Lot features
- Curb & gutter, Private setting
Building
- Parcel ID (PID)
- 001-282-972
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | 8' |
| Storage | Main level | 5' x 6' |
| Patio | Main level | 15' x 21' |
| Bathroom | Main level | 4-Piece |
| Laundry room | Main level | 7' x 7' |
| Kitchen | Main level | 10' x 10' |
| Eating area | Main level | 8' x 8' |
| Bedroom | Main level | 10' x 10' |
| Primary Bedroom | Main level | 13' x 13' |
| Dining room | Main level | 9' x 12' |
| Living room | Main level | 10' x 17' |
| Entrance | Main level | 5' x 5' |
Listing Information
- MLS®
- 1041636
- Listed
- June 29, 2026
- Time on market
- On the market for 63 days
- Data last synced
- August 29, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
Welcome to this move-in ready rancher, offering the perfect blend of comfort, privacy, and convenience in the heart of Saanichton. This home is ideal for first-time buyers, downsizers, or anyone seeking one-level living. Inside, a bright, updated kitchen with a cozy breakfast nook and doors leading to a sunny west-facing backyard. The living room features an updated fireplace, all while the versatile den can easily be converted back into a 3rd bedroom if desired. 2 spacious bedrooms, a generous laundry room and mudroom with storage, and many updates throughout make this home both functional and welcoming. Recent improvements include vinyl plank flooring, updated kitchen, mudroom, a newly paved driveway, and more. Outside - your own private backyard retreat. A fully fenced yard with a covered deck, huge patio for entertaining, and 2 storage sheds. This property is incredibly private, creating a peaceful oasis you'll love coming home to. A wonderful opportunity that won't last long! (id:63159)
Values & Trends
This listing
$808/sqft
Building average
—
No other active listings in this building
Saanichton average
$683/sqft
8 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 (Hartland)
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
30
6/9 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 |
|---|---|---|
| SD 63 Individual Learning Centre | Secondary | 1.0 km |
| Stelly's Secondary | Secondary | 1.5 km |
| Brentwood Elementary | Elementary | 2.5 km |
| Keating Elementary | Elementary | 2.9 km |
| Bayside Middle School | Middle | 3.3 km |
| ḰELSET Elementary | Elementary | 4.0 km |
| Lakeview Christian School(Independent) | Elementary/Middle | 7.0 km |
| Sidney Elementary | Elementary | 7.0 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 (1)
- Prairie Inn Neighbourhood Pub · 7806 East Saanich Road577 m
Grocery (1)
- Thrifty Foods Central Saanich · 7860 Wallace Drive740 m
Parks (4)
- Blossom Park147 m
- George May Park339 m
- Lisnoe Park536 m
- Centennial Park554 m
Shopping (1)
- Pioneer Village Shopping Centre · 7816 East Saanich Road614 m
Pharmacies (2)
- Shoppers Drug Mart611 m
- Joe's Family Pharmacy646 m
Banks & ATMs (1)
- Coast Capital Savings684 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($64,990) — 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.