Victoria Real Estate
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2181 Timber Ridge Crt

$975,000

Saanichton

Condo3 bd · 3 ba · 1,500 sqftBuilt 2019$650/sqft13 days on market

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About this home

Welcome to Timber Ridge! Built in 2019, this 3-bed, 3-bath detached home offers a rare opportunity to own a newer single-family home on the Peninsula for under $1M. Move-in ready with a functional floor plan in a quiet neighborhood, this home features a heat pump with air conditioning, natural gas service, and modern construction for low-maintenance living. The spacious driveway accommodates up to 4 vehicles, providing plenty of off-street parking. Conveniently located with quick access to Hwy 17, making commuting to Victoria, the airport, ferries, and the Westshore simple. Close to shopping, restaurants, parks, schools, public transit, and everyday amenities. Ideal for first-time buyers, families, downsizers, or anyone looking for a newer home in a convenient location without the maintenance of an older property. A great combination of value, location and convenience. Don’t miss out, and book your showing today! (id:65179)

Property details

From the listing's public record.

Lot size

4,370 square feet

Year built

2019

Taxes

$4,924/yr

Strata / HOA

$30/month

Zoning

Residential

Appliances

WasherRefrigeratorDishwasherDryerMicrowave

Heating

Heat PumpBaseboard heatersNatural gas

Cooling

Air Conditioned

Community

Family OrientedPets Allowed

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 28, 2026

    Listed $975,000

    Active13 days on marketMLS 1044295

How this listing compares

Based on 33 sales in Central Saanich

Median sold

$580,000

Avg days on market

50 days

Avg sale-to-list

98.5%

Avg $/sqft

$610

Price per square foot

This home: $650/sqftArea average: $610/sqft

Above area average

Current market in Central Saanich

Active (same type)

47

Pending

7

All active listings

129

Months of supply

17.1

Buyer's market17.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,036,000

Homes in Central Saanich sell at 97.6% of assessed value on average.

Based on 33 recent sales.

Local price trend

How Saanichton has moved over the last decade.

233354474Sep 2016Jun 2021Aug 2025

Local price index (normalized) · 29 months

Recent nearby sales

12 sales
  • 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

  • 509-2520 Hackett Cres

    $851,900

    2 bd · 2 ba · 1,124 sqft · $758/sqft · 83 days on market

    Sold Aug 6, 2026 · 102.7% of list

  • 101-1959 Polo Park Crt

    $530,000

    2 bd · 2 ba · 850 sqft · $624/sqft · 34 days on market

    Sold Jul 13, 2026 · 96.4% of list

  • 507-2520 Hackett Cres

    $559,900

    1 bd · 1 ba · 704 sqft · $795/sqft · 14 days on market

    Sold Jul 9, 2026 · 100% of list

  • 506-2520 Hackett Cres

    $569,900

    1 bd · 1 ba · 721 sqft · $790/sqft · 23 days on market

    Sold Jun 17, 2026 · 98.3% 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

  • 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

  • 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

  • 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

What would this home cost?

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Monthly mortgage

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Loan amount

$975,000 − $195,000

$780,000

Down payment

20.0%

$195,000

Property Transfer Tax

$17,500

Legal / closing (est.)

$1,500

Cash to close

$214,000

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

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