Property Type: Condo / ApartmentOwnership: Strata

8 949 Cloverdale Ave

Saanich, BC V8X2T4

$539,900

2 bed2 bath1 parking1,264 sqftBuilt 1983
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,264 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$592/mo
Annual property tax
$2,331

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomMain level12' x 13'
EnsuiteMain level4-Piece
BathroomMain level4-Piece
Primary BedroomMain level11' x 16'
KitchenMain level8' x 13'
Dining roomMain level8' x 10'
Living roomMain level11' x 16'
PatioMain level4' x 11'
PatioMain level4' x 23'
EntranceMain level7' x 12'

Listing Information

MLS®
1032862
Listed
April 29, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Like new! Buy with confidence knowing the building just completed a full make-over with new siding, new windows and new sliding glass doors. This large, bright 2 bd, 2 bth condo has over 1260sqft of inviting living space with an open kitchen area and real wood burning fire place in the living room. Cats are welcome and will love the ground floor corner unit on the quiet side of the building away from the road. The master suite has a walk-thru closet and ensuite. The second bedroom is on the opposite side giving each room a sense of privacy. Updated kitchen with full height maple cabinets, eating bar and a built-in pantry for storage. In suite laundry with full size appliances, laminate & tile floors and updated fixtures throughout. New hot water tank and baseboard heaters too. Secured underground parking and separate storage included. Conveniently located and within walking distance to Mayfair Mall, Uptown Centre and Thrifty Foods. Bus route and parks nearby as well. (id:63159)

Values & Trends

This listing

$427/sqft

Building average

No other active listings in this building

Quadra average

$521/sqft

24 active listing(s)

Parking: 1 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 (University of)

12°C

Humidity 89%

Wind NNW calm 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

52

7/9 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
Cloverdale Traditional ElementaryElementary416 m
Ecole Quadra ElementaryElementary853 m
SJ Burnside Education CentreSecondary1.3 km
Oak and Orca Bioregional School(Independent)K-121.7 km
Selkirk Montessori School(Independent)Elementary/Middle1.7 km
Reynolds SecondaryElementary1.8 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.8 km
St Andrew's Regional High(Independent)Secondary1.9 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+)

  • Bin 4 Burger Lounge419 m
  • Halibut House Chinese Food · 3500 Quadra Street435 m
  • Royal Spice Fine Indian Cuisine519 m
  • Lot 1 Pasta Bar532 m
  • Shushi Ru · 3189 Quadra Street539 m

Cafes (4)

  • Roundhouse Cafe89 m
  • Starbucks733 m
  • Rhino Coffee House768 m
  • Tim Hortons780 m

Grocery (3)

  • Thrifty Foods · 3475 Quadra Street453 m
  • H Mart693 m
  • Save-On-Foods · 3510 Blanshard Street751 m

Parks (5+)

  • Rutledge Park141 m
  • Glasgow Park197 m
  • Cecelia Creek Falls Park414 m
  • Blanshard Park546 m
  • Tolmie Park609 m

Shopping (1)

  • Walmart · 3460 Saanich Road740 m

Pharmacies (3)

  • Thrifty Foods459 m
  • Shoppers Drug Mart · 3511 Blanshard Street728 m
  • Unnamed774 m

Banks & ATMs (5+)

  • Khalsa Credit Union · 3318 Oak Street610 m
  • BMO · 3451 Saanich Road735 m
  • CIBC746 m
  • Scotiabank757 m
  • Scotiabank · 3521 Blanshard Street782 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,920.00
Periodic payment — Principal & Interest (monthly)$2,786.60
Additional monthly expenses (strata, tax, utilities, etc.)$849.55
Total monthly cost$3,636.15
Interest paid over 5-yr term$123,789.51
Balance at end of term$388,513.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,990
Stress test qualifying rate8.09%
Payment you must qualify for$3,928.72

Cash Needed at Closing

Minimum down payment$28,990
Estimated BC PTT$8,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,288

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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