OPEN HOUSE Sun 2-4pm. RARE Brand new Townhouse with concrete construction and triple glazed windows. TH1 at 896 Wollaston is a three-level townhome with private rooftop living in the heart of Esquimalt's growing seaside community. Offering 1,235 finished square feet, this home pairs bright, contemporary interiors with wide-plank flooring, a gas fireplace, quartz counters, and a sleek kitchen featuring a gas cooktop, wall oven, and stainless appliances. The main living level flows comfortably from kitchen to dining to living room, while the upper level holds a primary bedroom with walk-in closet and four-piece ensuite, a versatile second bedroom or den, a four-piece main bath, and a covered balcony. The standout is the expansive rooftop patio, an exceptional space for entertaining with ocean views. Two side-by-side underground parking spaces complete the package. Steps to Saxe Point Park, the marina, water taxi, and Songhees Walkway, and minutes to the Esquimalt Farmers Market, the new Town Square and library, coffee shops and restaurants. A connected, walkable pocket of Esquimalt that has quietly become one of the area's most sought-after places to live.
Central location, Corner Site, Other, Marine Oriented
Community
Family Oriented, Pets Allowed With Restrictions
Additional details
Common interest
Condo/Strata
Listed by eXp Realty. Last updated Jul 9, 2026, 2:10 PM.
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.
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Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $225,000 down (20%) on $1,125,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from 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.
Inventory mix
What this area trades in
Within 3 km of this listing · 540 listings
Condo / Apartment
356
65.9%
Detached
81
15.0%
Townhouse
61
11.3%
Duplex
15
2.8%
Mobile home
12
2.2%
Other
15
2.8%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Esquimalt · 235 dwellings
Low-rise apartment160 · 68.1%
Single-detached30 · 12.8%
Semi-detached30 · 12.8%
Apartment in duplex15 · 6.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59170379· Esquimalt· 0.08 km²
Median rent here
$1,240
Owner shelter cost
$1,200
Renters
64.4%
30%+ on shelter
35.6%
Population (2021)
456
Median age
42.8
Avg household size
1.9
Avg household income
$78,500
Renters
64.4%
Owners
33.3%
Immigrants
16.5%
Post-secondary
52.6%
Avg home value
$700,000
Single status
38.3%
Not in labour force
39.5%
Households with kids
18.8%
Median rent
$1,240
Owner shelter cost
$1,200
30%+ on shelter
35.6%
Breakdown
$15,000 to $19,999
10
4.3%
$20,000 to $24,999
15
6.4%
$25,000 to $29,999
5
2.1%
$30,000 to $34,999
15
6.4%
$35,000 to $39,999
20
8.5%
$40,000 to $44,999
15
6.4%
$45,000 to $49,999
15
6.4%
$50,000 to $59,999
15
6.4%
$60,000 to $69,999
20
8.5%
$70,000 to $79,999
20
8.5%
$80,000 to $89,999
15
6.4%
$90,000 to $99,999
10
4.3%
$100,000 to $124,999
20
8.5%
$125,000 to $149,999
15
6.4%
$150,000 to $199,999
15
6.4%
$200,000 and over
10
4.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170379).
Market story
Rent in Esquimalt
Census 2021 avg $1,240/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
