Victoria Real Estate
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203 7098 Wallace Dr

$464,999

Brentwood Bay

Condo1 bd · 1 ba · 663 sqftBuilt 2023$701/sqft2 days on market

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About this home

Welcome to The Wallace, a thoughtfully designed, energy-modelled building in the heart of Brentwood Bay, surrounded by everyday conveniences, oceanside walking trails, green spaces and coastal charm. This spacious 1 bedroom, 1 bathroom condo features vaulted ceilings, wide-plank oak engineered hardwood floors, an electric fireplace, quartz countertops and premium stainless steel appliances. The spa-inspired bathroom offers dual sinks, a walk-in shower, and quality finishes. Step onto the sun-soaked balcony to enjoy peaceful views and entertain friends. Superior soundproofing, secure underground parking, storage, bike lockers, a shared EV charger, Modo Car Share membership and the balance of a 2 5 10 warranty remaining, all provide exceptional value. Minutes from marinas, beaches, golf, farmers' markets, dining, shopping, and the world-famous Butchart Gardens. Enjoy the perfect balance of urban convenience and nature, with every amenity just moments away for effortless daily living. (id:65179)

Property details

From the listing's public record.

Lot size

663 square feet

Year built

2023

Taxes

$2,535/yr

Strata / HOA

$394/month

Zoning

Multi-Family

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heaters

Parking

UndergroundElectric Vehicle Charging Station(s)

Lot

Private setting

Community

Family OrientedPets Allowed With Restrictions

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Nov 4, 2026

    Listed $464,999

    Active2 days on marketMLS 1053742
  2. Jul 8, 2026

    Listed $464,999

    Ddf_delisted119 days on marketMLS 1042628

How this listing compares

Based on 24 sales in Brentwood Bay

Median sold

$553,000

Avg days on market

37 days

Avg sale-to-list

98.2%

Avg $/sqft

$604

Price per square foot

This home: $701/sqftArea average: $604/sqft

Above area average

Current market in Brentwood Bay

Active (same type)

5

Pending

1

All active listings

31

Months of supply

2.5

Seller's market — 2.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$478,000

Homes in Central Saanich sell at 98.1% of assessed value on average.

Based on 42 recent sales.

Local price trend

How Brentwood Bay has moved over the last decade.

263378493Dec 2016Oct 2021Oct 2026

Local price index (normalized) · 30 months

Recent nearby sales

12 sales
  • 102-1196 Sluggett Rd

    $517,500

    2 bd · 1 ba · 910 sqft · $569/sqft · 15 days on market

    Sold Nov 2, 2026 · 98.6% of list

  • 306-7098 Wallace Dr

    $450,000

    1 bd · 1 ba · 647 sqft · $696/sqft · 14 days on market

    Sold Oct 30, 2026 · 100% of list

  • 107-1196 Sluggett Rd

    $540,000

    2 bd · 1 ba · 1,041 sqft · $519/sqft · 16 days on market

    Sold Oct 29, 2026 · 98.2% of list

  • 301-7098 Wallace Dr

    $711,000

    2 bd · 2 ba · 1,045 sqft · $680/sqft · 7 days on market

    Sold Oct 28, 2026 · 98.2% of list

  • 307-7162 West Saanich Rd

    $642,500

    2 bd · 2 ba · 1,147 sqft · $560/sqft · 42 days on market

    Sold Oct 15, 2026 · 102% of list

  • 302-7143 West Saanich Rd

    $537,500

    2 bd · 2 ba · 1,335 sqft · $403/sqft · 22 days on market

    Sold Sep 29, 2026 · 97.7% of list

  • 101-851 Verdier Ave

    $1,390,000

    2 bd · 3 ba · 2,042 sqft · $681/sqft · 47 days on market

    Sold Sep 17, 2026 · 99.4% of list

  • 401-7162 West Saanich Rd

    $620,000

    2 bd · 2 ba · 1,149 sqft · $540/sqft · 43 days on market

    Sold Aug 10, 2026 · 97.2% of list

  • 404-7098 Wallace Dr

    $525,000

    1 bd · 1 ba · 724 sqft · $725/sqft · 56 days on market

    Sold Aug 7, 2026 · 95.6% of list

  • 508-7162 West Saanich Rd

    $688,000

    2 bd · 2 ba · 1,056 sqft · $652/sqft · 13 days on market

    Sold Jun 15, 2026 · 98.4% of list

  • 403-7161 West Saanich Rd

    $690,000

    2 bd · 2 ba · 904 sqft · $763/sqft · 26 days on market

    Sold Jun 15, 2026 · 98.6% of list

  • 209-7088 West Saanich Rd

    $535,000

    2 bd · 2 ba · 942 sqft · $568/sqft · 63 days on market

    Sold Jun 15, 2026 · 94.7% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$464,999 − $93,000

$371,999

Down payment

20.0%

$93,000

Property Transfer Tax

$7,300

Legal / closing (est.)

$1,500

Cash to close

$101,800

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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