CONTACT

Saanich Homes and Real Estate for Sale

Forgot password Extend Verify Contact

101 1018 Inverness Rd
SE Quadra Saanich V8X 2S1

$357,000
Residential beds: 1 baths: 1.0 551 sq. ft. built: 2017

Main Photo: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Photo 1: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Photo 2: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Photo 3: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Photo 4: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Photo 5: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
Status:
Active
Prop. Type:
Residential
MLS® Num:
984914
Bedrooms:
1
Bathrooms:
1
Year Built:
2017
Investors Housing agreement on title must be a rental unit at 85% of market rent for NEXT 2 years. Then must continue to be a rental, CAN NEVER BE OWNER OCCUPIED. Cannot be rented to a relative. This unit is CURRENTLY TENANTED. Great investment that should show very strong capital appreciation as similar one bedrooms sold in this complex for up to 500K SHOWINGS WITH 24 HOURS NOTICE PLEASE, WED 4-6 PM, SATURDAYS 12 T0 2 PM NO EXCEPTIONS.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2017 (Age: 8)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
551 sq. ft.
Listing General Location:
SE Quadra, Saanich East
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
551 sq. ft.
Kitchens:
0
Taxes:
Building Name:
The Shire Condos
Building Type:
Ground Level
Construction:
Other, See Remarks
New Construction:
No
Basement:
Other
Foundation:
Concrete Perimeter
Roof:
See Remarks
Levels:
1
Number of Storeys:
5
Number of Buildings:
3
Ceiling Heights:
Total Building Area:
551 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
551 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
62 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, F/S/W/D
entry off Inverness
Parking Stall, Separate Storage
Main Level
0
See Housing agreement
Cats OK, Dogs OK
SEE STRATA BYLAWS
Yes
ALLOWED
Yes
NONE SMOKING PROPERTY
Unrestricted
Permit rental cannot be owner occupied
Floor
Type
Size
Other
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
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:
Trash, Insurance, Maintenance Grounds, Property Management, Sewer, Water, See Remarks
Association Fee Year:
2025
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Ground Level Main Floor
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:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
Northwest
Layout:
Condo
Lot Site Features:
Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jan 18, 2025
Original Price:
357000.0
  • Photo 1: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
    Photo 1 of 5
  • Photo 2: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
    Plan
  • Photo 3: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
    Photo 3 of 5
  • Photo 4: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
    PHOTOS ARE FROM SUITE PRE TENANT
  • Photo 5: 101 1018 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 984914
    PHOTOS ARE FROM SUITE PRE TENANT
Listed by Century 21 Queenswood Realty Ltd. and Coldwell Banker Oceanside Real Estate
Data was last updated January 21, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$639,975
Min list price:
$357,000
Max list price:
$1,599,000
Avg days on market:
74
Min days on market:
2
Max days on market:
1,085
Avg price per sq.ft.:
$722.77
These statistics are generated based on the current listing's property type and located in SE Quadra. Average values are derived using median calculations.

Find Saanich Homes and Real Estate for Sale in Victoria BC

Saanich, British Columbia, is a beautiful and diverse region located on the southern tip of Vancouver Island. It is one of the most sought-after places to live in Canada, with a strong economy, excellent schools, and a thriving real estate market. In this blog post, we will explore why people should consider buying a home or real estate in Saanich, BC.

  1. Strong Economy

Saanich has a robust economy that is growing at a steady pace. The region is home to a diverse mix of industries, including technology, healthcare, education, and tourism. The University of Victoria is located in Saanich, providing a wealth of opportunities for students, researchers, and entrepreneurs. The tech industry, in particular, is booming in Saanich, with many startups and established companies choosing to set up shop in the region.

This strong economy means that there are plenty of job opportunities in Saanich, which is a crucial factor for people looking to buy a home. A healthy job market can help ensure that homeowners can make their mortgage payments and maintain their properties over the long term.

  1. Excellent Schools

Saanich is home to some of the best schools in Canada, making it an attractive destination for families with children. The region has an extensive public school system, as well as several private schools and specialized programs for students with unique learning needs. Additionally, the University of Victoria is located in Saanich, providing a top-tier post-secondary education for students.

Investing in a home in Saanich is an investment in your children's education. High-quality schools can increase property values and provide a stable and supportive environment for families.

  1. Thriving Real Estate Market

Saanich's real estate market is thriving, with steady growth in property values over the past decade. The region's desirable location, strong economy, and excellent schools make it a popular destination for people looking to buy a home. There are many different types of properties available in Saanich, from single-family homes to condos, townhouses, and apartments.

Investing in real estate in Saanich can be a smart financial decision, as property values have historically increased over time. Additionally, owning a home provides stability and security, allowing homeowners to build equity and invest in their future.

  1. Natural Beauty and Outdoor Recreation

Saanich is a nature lover's paradise, with miles of coastline, parks, and trails to explore. The region is home to several regional parks, including Elk/Beaver Lake Regional Park, Mount Douglas Park, and Island View Beach Regional Park. These parks offer a variety of outdoor activities, including hiking, biking, swimming, and fishing.

Living in Saanich allows homeowners to enjoy a healthy and active lifestyle, with easy access to outdoor recreation. Additionally, the natural beauty of the region can increase property values, making it a wise investment for those looking to buy real estate.

  1. Cultural Diversity

Saanich is a culturally diverse region, with a rich history and vibrant community. The region has a large Indigenous population, and the Songhees and Esquimalt Nations have traditional territories in Saanich. Additionally, the region has a thriving arts and culture scene, with many festivals, galleries, and performance spaces.

Buying a home in Saanich allows homeowners to be part of a diverse and inclusive community, where different cultures are celebrated and embraced. This can create a sense of belonging and community that is hard to find in other areas.

Conclusion

There are many reasons why people should consider buying a home or real estate in Saanich, BC. The region's strong economy, excellent schools, thriving real estate market, natural beauty, and cultural diversity make it an attractive destination for people from all walks of life. If you are looking to invest in real estate

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.