987 Nicholson Street
Saanich · V8X3K9
$7,034/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Saanich · V8X3K9
$7,034/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
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.
5
Beds
2,393 ft²
Floor area
1964
Year built
Single Family
Type
Lake Hill
Area
Listed
August 21, 2026
Nearby & Commute
11 min
walk to Thrifty Foods Quadra
19 min
bike to Selkirk Landing
1h 4m
walk to Selkirk Landing
3h 40m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 42%
| Detached | 98 | 42.2% |
| Condo / Apartment | 80 | 34.5% |
| Townhouse | 43 | 18.5% |
| Land | 6 | 2.6% |
| Duplex | 4 | 1.7% |
| Other | 1 | 0.4% |
| $15,000 to $19,999 | 5 | 3.1% |
| $25,000 to $29,999 | 5 | 3.1% |
| $35,000 to $39,999 | 5 | 3.1% |
| $40,000 to $44,999 | 5 | 3.1% |
| $50,000 to $59,999 | 5 | 3.1% |
| $60,000 to $69,999 | 5 | 3.1% |
| $70,000 to $79,999 | 10 | 6.3% |
| $80,000 to $89,999 | 10 | 6.3% |
| $90,000 to $99,999 | 10 | 6.3% |
| $100,000 to $124,999 | 25 | 15.6% |
| $125,000 to $149,999 | 25 | 15.6% |
| $150,000 to $199,999 | 35 | 21.9% |
| $200,000 and over | 15 | 9.4% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,034
Principal and interest
Calculated estimate
$6,476
Property tax
Calculated estimate
$408/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,400,000
Down payment
Calculated estimate
$280,000 (20%)
Estimated mortgage
Calculated estimate
$1,120,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$7,034
/mo
Rate
%
Amortization
Principal and interest
$6,476
Property tax (est.)
$408
P&I
Tax
Down payment
$280,000 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $280,000 down (20%) on $1,400,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.
At 4.9383 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.
Daily mean across the year.
On the drier side for BC.
Snow is the exception here.
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.