- Active
#408 – 1005 McKenzie Avenue
Saanich · Single Family
- Beds
- 2
- Baths
- 1
- Sqft
- 1,277
- Built
- 1975
Listed by RE/MAX Camosun · MLS® 1050471
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Sign inAbout this home
**Open house Saturday September 26th 2:30 to 4:00 p.m.** Almost 1,300 sq ft & fully renovated, this bright top-floor loft-style condo offers a rare blend of space, style & convenience in a central location close to everything. Residents enjoy fantastic amenities incl an indoor pool, hot tub, sauna & fitness centre, adding great value for owners, tenants & long-term investors. This unique two-level home is filled w/ natural light thanks to large windows & skylights, creating an airy & inviting living space that feels warm, open & private. The main level features a comfortable living & dining area w/ room to relax or entertain, along w/ an efficient renovated kitchen offering clean finishes, practical storage & an easy everyday layout. The upper level provides a spacious bedroom retreat plus a versatile flex area perfect for a home office, reading lounge, study space, guest area or creative studio. With its loft-style design, top-floor position & thoughtful updates, this home has a character and feel that stands out from the typical condo. The building also features elevator access, separate storage locker & a dedicated parking stall. The larger floor plan gives buyers flexibility that is hardh to find. Ideally located just minutes from shopping, restaurants, cafes, parks, transit & UVic, this home makes daily life simple and convenient. Whether you are a first-time buyer looking for an affordable move-in ready home, a student or parent wanting a smart alternative to renting, or an investor looking for strong rental demand in a high-demand area. This is an opportunity that would be hard to find again. (Measurements are approx)
Home facts
- Bedrooms
- 2
- Bathrooms
- 1 full
- Interior
- 1,277 sq ft
- Year built
- 1975
- Parking
- 1
- Property type
- Single Family
- Area
- Quadra
- Listed
- September 21, 2026
- Structure
- Apartment
- PID
- 000-323-306
- Common interest
- Condo/Strata
Highlights
- Gym
- Pool
- Hot tub
- Sauna
- Storage locker
Features and inclusions
- Heating
- Electric, Hot Water
- Cooling
- None
- Parking
- Additional Parking
- Lot
- Central location, Other
- Community
- Family Oriented, Pets Allowed With Restrictions
Rooms and building
- Water
- Zoning
- Multi-Family
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,085
- Property tax
- $125/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,360
Purchase snapshot
- List price
- $439,900
- Down payment
- $87,980 (20%)
- Estimated mortgage
- $351,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,288
- At 5.2008 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 43%
Who lives here
Documents
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