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405 898 Vernon Ave
SE Swan Lake Saanich V8X 2W6

$489,000
Residential beds: 2 baths: 2.0 1,024 sq. ft. built: 1994

Main Photo: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 1: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 2: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 3: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 4: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 5: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 6: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 7: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 8: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 9: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 10: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 11: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 12: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 13: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 14: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 15: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 16: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 17: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 18: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 19: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 20: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 21: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 22: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 23: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Photo 24: 405 898 Vernon Ave in Saanich: SE Swan Lake Condo for sale (Saanich East)  : MLS®# 1021839
Status:
Active
Prop. Type:
Residential
MLS® Num:
1021839
Bedrooms:
2
Bathrooms:
2
Year Built:
1994
Best value in the complex currently $41,000 below assessment. This top Floor Two bedroom & two bathroom unit is one of the nicest units in the complex, this spacious south facing suite is well located, only a two minute walk from all the amenities and dinning experiences of the Uptown Shopping Centre. The dining area is open to the living room, which features a cozy fireplace & balcony. The updated kitchen includes plenty of cupboard space, a built-in desk & stainless-steel appliances. The master bedroom boasts a separate balcony, 4pc ensuite bath, a walk-through closet with custom closet organizer, large windows with plenty light & immaculate laminate flooring throughout. A great patio area and 1 secure underground parking and storage. A fantastic location steps to shopping, bus routes, schools, recreation, and the Galloping Goose Trail & only minutes to Downtown Victoria. Updated Telus Fibretech and new hot water tank in 2023. Child and pet friendly & rentals are allowed.
Property Type:
Residential
Type:
Condo Apartment
Year built:
1994 (Age: 31)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,024 sq. ft.
Listing General Location:
SE Swan Lake, Saanich East
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1,109 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Chelsea Green
Building Type:
Top Level
Construction:
Cement Fibre, Vinyl Siding, Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
1
Number of Storeys:
4
Number of Buildings:
3
Ceiling Heights:
Floor finish:
Laminate, Linoleum
Total Building Area:
1,159 sq. ft.
Total Unfinished Area:
135 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
1,024 sq. ft.
Living Area Main Floor:
1,024 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Window Unit(s)
Heating:
Baseboard, Electric, Natural Gas
Fireplace:
Yes
Pending Date:
F/S/W/D, Range Hood
Closet Organizer, Dining/Living Combo, Eating Area, Storage
Blinds, Screens
Balcony/Patio
Bike Storage, Elevator(s), Secured Entry
Off Vernon Ave.
Balcony, Parking Stall, Separate Storage
Main Level
0
Cats OK, Dogs OK
See strata documents
No
Unknown
Some Rentals
Some rental allowed
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Caretaker, Trash, Insurance, Maintenance Grounds, Property Management, Water
Association Fee Year:
2025
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
No Step Entrance
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Property Condition:
Resale
Exposure / Faces:
Southeast
Layout:
Condo
Lot Site Features:
Irregular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Garage, Underground
Total Parking Spaces:
1
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Dec 11, 2025
Original Price:
489000.0
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Listed by Sutton Group West Coast Realty
Data was last updated December 12, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$509,000
Min list price:
$448,900
Max list price:
$1,500,000
Avg days on market:
36
Min days on market:
1
Max days on market:
92
Avg price per sq.ft.:
$520.45
These statistics are generated based on the current listing's property type and located in SE Swan Lake. Average values are derived using median calculations. This data is not produced by the MLS® system.

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I own condos in Victoria and I have sold several condos in different neighborhoods in Victoria. When clients ask me “Shirin where should I buy a condo in Victoria?”. The first thing I do is listen to all the questions they have…

“Shirin, should we buy a condo Downtown Victoria? or should we buy a condo in Victoria that is waterfront and further away from the Downtown Core?”

My first response is, “What is your budget? and what are you looking to do with this condo? Do you want to "look at a condo for sale downtown Victoria", so you can rent it out, or do you want a condo for sale that is waterfront, so you can retire in it? what is the end goal of purchasing this condo?”


For clients that have a strict budget and they want additional features, I always encourage them to look at buying a condo in other parts of Victoria. There are condos for sale in Langford (which is a 20 minute drive to Downtown Victoria when there is no traffic). Now, these condos may not be waterfront but guess what? They are newer and larger condos that meet their preference.


Having said all of the above though, personally I do like buying a condo downtown Victoria, because ultimately as a top realtor in Victoria, I have to give you the best advice and the best advice is “Location, Location, Location”. Buying a condo downtown Victoria and buying a condo that is closer to the waterfront in Victoria will give you a higher return in the long term.


There are several key points I need to assess when you are looking to buy a condo in Victoria. Contact me to discuss your scenario and rest assured you are in good hands. I care about my clients and you will hear me say “I only let my clients buy a home, I know I would buy for myself”.


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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.