- Active
- Open house Sat, Oct 10
#416 – 991 McKenzie Avenue
Saanich · Single Family
- Beds
- 1
- Baths
- 2
- Sqft
- 902
- Built
- 2019
Listed by Engel & Volkers Vancouver Island · MLS® 1047223
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About this home
OPEN HOUSE SAT 1-2PM. Welcome to your very own New York-style loft! This penthouse corner unit offers 1 bed, 2 baths & 900+sqft of living space, with soaring 18ft ceilings, floor-to-ceiling windows & AC on both levels. 400+ sqft of private outdoor space sets this home apart, with both a balcony & sunny west-facing rooftop terrace. The open-concept main level features a modern kitchen that flows seamlessly into the living & dining areas. Upstairs, the lofted bedroom overlooks the living space below & features its own full ensuite with water closet, giving you the convenience of a bathroom on each level. Step directly from the loft onto your private rooftop terrace, filled with afternoon & evening sun & plenty of room for dining, lounging or entertaining. Between the expansive outdoor space & penthouse corner position, there is a sense of privacy & indoor-outdoor living rarely found in a condo. Dedicated heat-pump heating & cooling on both levels keeps the home comfortable year-round. A large private exterior storage room is attached directly to the unit, plus a dedicated secure bike storage locker. 1 secure underground parking stall, with the potential for an additional stall, common EV charging & tons of street parking nearby. Built in 2019 by Casman Properties & Built Green® Certified, pet-friendly (no size restrictions), well-managed strata & remaining new-home warranty coverage. The fully fenced & landscaped courtyard features winding pathways, benches, a community garden & grass areas. The building is accessed from a quiet no-through road directly across from Annie Park, giving it a much more residential setting than you might expect. Swan Lake, Lochside Trail & Saanich Centre are all an easy stroll away, putting groceries, everyday essentials & excellent walking + cycling routes close to home. Uptown, Mayfair Mall, Cedar Hill & Mt. Doug Golf Courses nearby, with UVic, Camosun College & DT also a short drive away. Book a showing today!
Home facts
- Bedrooms
- 1
- Bathrooms
- 2 full
- Interior
- 902 sq ft
- Lot size
- 902 sq ft
- Year built
- 2019
- Parking
- 1
- Property type
- Single Family
- Area
- Lake Hill
- Style
- Westcoast
- Listed
- August 18, 2026
- Structure
- Apartment
- PID
- 030-818-125
- Common interest
- Condo/Strata
Highlights
- Rooftop deck
- Balcony
- EV charging
- Underground parking
- Storage locker
- Bike storage
Features and inclusions
- Heating
- Heat Pump, Electric
- Cooling
- Wall unit, Air Conditioned
- Parking
- Underground, Street, Electric Vehicle Charging Station(s)
- Lot
- Central location, Other
- Community
- Family Oriented, Pets Allowed With Restrictions
Rooms and building
- Water
- Zoning
- Residential
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
- $2,749
- Property tax
- $167/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,065
Purchase snapshot
- List price
- $579,900
- Down payment
- $115,980 (20%)
- Estimated mortgage
- $463,920
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
- $3,016
- 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 · 42%
Who lives here
Documents
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