Property Type: TownhouseOwnership: Strata

98 530 Marsett Pl

Saanich, BC V8Z7J2

$1,050,000

3 bed3 bath2 parking2,043 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
2,555 square feet
Zoning
Residential

RT-2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$576/mo
Annual property tax
$5,346.28

Interior

Heating
Heat Pump, Baseboard heaters, Forced air, Electric, Natural gas
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2

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
EnsuiteSecond level5-Piece
Primary BedroomSecond level16'5 x 11'5
BathroomSecond level4-Piece
BedroomSecond level9'9 x 12'5
BedroomSecond level13'5 x 10'9
BathroomMain level4-Piece
Living roomMain level14'6 x 16'5
Dining nookMain level7'5 x 10'8
Family roomMain level12'8 x 9'11
KitchenMain level10'0 x 11'9
Dining roomMain level13'7 x 11'4
OfficeMain level11'0 x 11'0
EntranceMain level10'7 x 8'11

Listing Information

MLS®
1041979
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd. · Data source: CREA DDF.

Description

Discover effortless living in this immaculate 3-bedroom, 3-bathroom townhouse in the highly sought-after Marsett Development. Nestled in a serene, park-like setting, this home seamlessly blends style, comfort, and convenience. The main level welcomes you with lofty 18-foot ceilings and a bright, open-concept design. The updated kitchen boasts a sunny breakfast nook with direct deck access, flowing into the living and dining areas, all anchored by a cozy double-sided fireplace. A private office and a 3-piece bathroom complete the main floor. Upstairs, your tranquil primary suite awaits, complete with a walk-in closet, a reading nook, and a luxurious 5-piece ensuite. Two more spacious bedrooms, convenient upper-level laundry, and a 4-piece bathroom provide ample room for family and guests. Complete with a generous 2-car garage, this low-maintenance townhome is just minutes from Elk/Beaver Lake Regional Park, Commonwealth Pool, scenic trails, and fine shopping and dining. (id:63159)

Values & Trends

This listing

$514/sqft

Building average

$486/sqft

2 active listing(s)

Royal Oak average

$508/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 (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

22

3/9 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
Royal Oak Middle SchoolMiddle1.2 km
Claremont SecondarySecondary1.6 km
Lochside ElementaryElementary2.3 km
Northridge ElementaryElementary2.9 km
Cordova Bay ElementaryElementary2.9 km
Lakeview Christian School(Independent)Elementary/Middle3.0 km
Glanford Middle SchoolElementary3.2 km
St. Margaret's(Independent)K-123.4 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)

  • The Lakes440 m

Cafes (1)

  • Mosi Acqua Cotta788 m

Parks (3)

  • Former Royal Oak Golf Club · 540 Marsett Place61 m
  • Commonwealth Place320 m
  • Normandy Park531 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($80,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$840,000.00
Periodic payment — Principal & Interest (monthly)$5,419.39
Additional monthly expenses (strata, tax, utilities, etc.)$1,123.14
Total monthly cost$6,542.54
Interest paid over 5-yr term$240,746.41
Balance at end of term$755,582.72

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$80,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.96

Cash Needed at Closing

Minimum down payment$80,000
Estimated BC PTT$19,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,500

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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