987 Nicholson St
Saanich, BC V8X3K9
$1,400,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 8,242 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,136
Interior
- Heating
- Heat Pump, Forced air
- Cooling / A/C
- Fully air conditioned, Air Conditioned
- Fireplace
- Yes (2)
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Exterior & Lot
- Lot features
- Curb & gutter, Private setting, Corner Site
Building
- Parcel ID (PID)
- 003-982-645
Parking
- Total spaces
- 5 — uncovered indicated
- Features
- Stall
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Lower level | 8'10 x 9'5 |
| Bathroom | Additional Accommodation | X |
| Exercise room | Lower level | 14'2 x 13'1 |
| Family room | Lower level | 13' x 16' |
| Bedroom | Lower level | 8'10 x 9'5 |
| Bedroom | Lower level | 12'9 |
| Bedroom | Lower level | 11'9 x 12'10 |
| Bathroom | Lower level | 3-Piece |
| Bathroom | Main level | 4-Piece |
| Primary Bedroom | Main level | 10'8 x 12'3 |
| Kitchen | Main level | 9'10 x 12'2 |
| Dining room | Main level | 10'4 x 9'8 |
| Living room | Main level | 12'3 |
Listing Information
- MLS®
- 1044952
- Listed
- August 21, 2026
- Time on market
- On the market for 11 days
- Data last synced
- August 31, 2026
Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.
Description
Open House Sunday, Aug 30, 2 to 4.This wonderful family home in the sought-after Lake Hill area offers space, updates, and flexibility. The main floor features two bedrooms, a bathroom, a dining area, and a bright living room with original oak hardwood floors. The new kitchen opens onto a generous deck overlooking the fully fenced, south-facing backyard. The lower level offers three additional bedrooms, a second bathroom, a gym, a spacious laundry room, and new vinyl flooring. Also, a recently constructed loft suite, provides character and opportunity for extended family, guests, or rental income. Additional updates include a heat pump, new gutters, and updated perimeter drains. Situated on a large corner lot on a quiet street, this home is conveniently located near schools, UVic, parks, walking trails, shopping, and public transit. With plenty of indoor and outdoor living space, this is a rare opportunity to own a versatile home in a highly desirable neighbourhood. (id:63159)
Values & Trends
This listing
$531/sqft
Building average
—
No other active listings in this building
Lake Hill average
$592/sqft
5 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
37
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 |
|---|---|---|
| Lake Hill Elementary | Elementary | 442 m |
| St. Margaret's(Independent) | K-12 | 732 m |
| St Andrew's Regional High(Independent) | Secondary | 758 m |
| Reynolds Secondary | Elementary | 918 m |
| Rogers Elementary | Elementary | 985 m |
| Pacific Christian School(Independent) | Elementary | 1.2 km |
| Braefoot Elementary | Elementary | 1.7 km |
| Glanford Middle School | Elementary | 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 (1)
- White Spot758 m
Cafes (2)
- Starbucks720 m
- Tim Hortons776 m
Grocery (4)
- Jempoy's Lechon Victoria · 4087 Quadra Street257 m
- Vicart · 4089 Quadra Street261 m
- Thrifty Foods Quadra · 3995 Quadra Street704 m
- Planet Organic Market717 m
Parks (5+)
- Ambassador Park · 4130 Borden Street352 m
- McBriar Park · 1136 McBriar Avenue636 m
- Roger's Court Park647 m
- Unnamed651 m
- Beckwith Park · 857 Beckwith Avenue700 m
Shopping (1)
- Saanich Centre697 m
Gyms (1)
- Anytime Fitness764 m
Pharmacies (1)
- London Drugs665 m
Banks & ATMs (2)
- Unnamed535 m
- TD537 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.2% ($115,000) — 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.