401 1571 Mortimer St
$464,900
Mt Tolmie
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About this home
Move-in ready and ideally located, this spacious top-floor corner condo offers 2 bedrooms, 1 bathroom, and a bright, functional layout on the quiet side of the building. The updated kitchen provides a modern touch, while the open living and dining areas, along with large windows, create a warm and inviting space filled with natural light. This well-maintained building features a guest suite, separate storage locker, bike storage, workshop, and off-street parking. Conveniently situated just minutes from shopping, restaurants, parks, transit, Camosun College, and UVic, this is an excellent opportunity for first-time buyers, investors, students, or those looking to downsize. A fantastic condo offering exceptional value in a highly desirable neighbourhood with every amenity close at hand. (id:65179)
Property details
From the listing's public record.
Lot size
939 square feet
Year built
1974
Taxes
$2,217/yr
Strata / HOA
$617/month
Zoning
Multi-Family
Heating
Parking
Lot
Community
Price history
6 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 10, 2026
Listed $464,900
Active18 days on marketMLS 1041327Sep 1, 2020
$346,000
Sold8 days on marketMLS 844232Jul 2, 2014
Listed $199,900
Cancelled145 days on marketMLS 676281Jan 24, 2014
Listed $219,900
Expired151 days on marketMLS 660122Aug 27, 2013
Listed $229,900
Expired127 days on marketMLS 650223Apr 30, 2004
$139,000
Sold21 days on marketMLS 328281
How this listing compares
Based on 24 sales in Mt TolmieMedian sold
$448,000
Avg days on market
54 days
Avg sale-to-list
96.6%
Avg $/sqft
$503
Price per square foot
Above area average
Current market in Mt Tolmie
Active (same type)
19
Pending
7
All active listings
29
Months of supply
9.5
Buyer's market — 9.5 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$464,900
Homes in Saanich East sell at 95.9% of assessed value on average.
Based on 248 recent sales.
Local price trend
How Mt Tolmie has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales204-1597 Midgard Ave
$280,000
1 bd · 1 ba · 631 sqft · $444/sqft · 64 days on market
Sold Jul 20, 2026 · 93.4% of list
403-1580 Christmas Ave
$380,000
1 bd · 1 ba · 668 sqft · $569/sqft · 77 days on market
Sold Jul 15, 2026 · 97.5% of list
302-1694 Cedar Hill Cross Rd
$506,000
2 bd · 2 ba · 1,038 sqft · $487/sqft · 56 days on market
Sold Jul 7, 2026 · 93.9% of list
105-1725 Cedar Hill Cross Rd
$385,000
1 bd · 1 ba · 1,156 sqft · $333/sqft · 16 days on market
Sold Jun 24, 2026 · 96.2% of list
303-3614 Richmond Rd
$558,000
1 bd · 2 ba · 865 sqft · $645/sqft · 70 days on market
Sold Jun 12, 2026 · 95.4% of list
208-1680 Poplar Ave
$360,000
1 bd · 1 ba · 842 sqft · $428/sqft · 72 days on market
Sold Jun 5, 2026 · 96% of list
301-1725 Cedar Hill Cross Rd
$500,000
2 bd · 1 ba · 1,150 sqft · $435/sqft · 40 days on market
Sold May 29, 2026 · 96.2% of list
301-1680 Poplar Ave
$415,000
1 bd · 1 ba · 907 sqft · $458/sqft · 18 days on market
Sold May 15, 2026 · 97.9% of list
218-1680 Poplar Ave
$456,000
2 bd · 1 ba · 960 sqft · $475/sqft · 33 days on market
Sold May 8, 2026 · 94.2% of list
202-1694 Cedar Hill Cross Rd
$485,000
1 bd · 2 ba · 985 sqft · $492/sqft · 11 days on market
Sold Apr 1, 2026 · 97.4% of list
209-1680 Poplar Ave
$375,000
1 bd · 1 ba · 808 sqft · $464/sqft · 37 days on market
Sold Mar 31, 2026 · 93.8% of list
304-1680 Poplar Ave
$375,000
1 bd · 1 ba · 785 sqft · $478/sqft · 14 days on market
Sold Mar 16, 2026 · 94.9% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$464,900 − $92,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$101,778
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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Interested in this home?
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Listed by RE/MAX Camosun