203 7098 Wallace Dr
$519,000
Brentwood Bay
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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
$2,585/yr
Strata / HOA
$394/month
Zoning
Multi-Family
Appliances
Heating
Lot
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 8, 2026
Listed $519,000
Active13 days on marketMLS 1042628
How this listing compares
Based on 20 sales in Brentwood BayMedian sold
$562,500
Avg days on market
50 days
Avg sale-to-list
97.8%
Avg $/sqft
$601
Price per square foot
Above area average
Current market in Brentwood Bay
Active (same type)
11
Pending
1
All active listings
32
Months of supply
6.6
Buyer's market — 6.6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$478,000
Homes in Central Saanich sell at 98.3% of assessed value on average.
Based on 36 recent sales.
Local price trend
How Brentwood Bay has moved over the last decade.
Local price index (normalized) · 30 months
Recent nearby sales
9 sales403-7161 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
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
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
307-7098 Wallace Dr
$460,000
1 bd · 1 ba · 724 sqft · $635/sqft · 9 days on market
Sold May 22, 2026 · 97.9% of list
402-7098 Wallace Dr
$560,000
1 bd · 1 ba · 647 sqft · $866/sqft · 16 days on market
Sold May 22, 2026 · 94.9% of list
308-7162 West Saanich Rd
$630,000
2 bd · 2 ba · 1,095 sqft · $575/sqft · 67 days on market
Sold May 15, 2026 · 100.8% of list
204-1240 Verdier Ave
$580,000
3 bd · 2 ba · 1,330 sqft · $436/sqft · 33 days on market
Sold Apr 15, 2026 · 96.7% of list
26-7070 West Saanich Rd
$546,000
2 bd · 2 ba · 1,346 sqft · $406/sqft · 38 days on market
Sold Apr 6, 2026 · 98.4% of list
303-7070 West Saanich Rd
$505,000
2 bd · 1 ba · 1,106 sqft · $457/sqft · 56 days on market
Sold Feb 12, 2026 · 98.1% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$519,000 − $103,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$113,680
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 Engel & Volkers Vancouver Island