
301 7098 Wallace Dr
$723,900
Brentwood Bay
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About this home
Welcome to The Wallace—a thoughtfully designed, energy-modelled building bringing refined, sustainable coastal living to the heart of Brentwood Bay. Surrounded by everyday conveniences and scenic oceanside walking trails, this home offers an effortless blend of relaxed seaside charm. Inside, the suite features wide-plank oak engineered hardwood floors, stainless steel appliances, quartz countertops, an electric fireplace, and air conditioning for those hot summer days. The layout includes a spacious primary bedroom with walk-in closet and 4-piece ensuite, plus a second bedroom ideal for guests or a home office. Step outside to the sun-soaked balcony and enjoy peaceful views and gatherings with friends. Residents enjoy secure underground parking, storage, bike lockers, and a shared EV charger. Located moments from the waterfront and village centre, you’ll be close to dining, cafés, shopping, marinas, farmers’ markets, beaches, cycling routes, golf, and the world-renowned Butchart Gardens. (id:65179)
Property details
From the listing's public record.
Lot size
990 square feet
Year built
2023
Taxes
$3,564/yr
Strata / HOA
$585/month
Zoning
Multi-Family
View
Appliances
Heating
Cooling
Parking
Lot
Style
Community
Price history
8 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 15, 2026
Listed $723,900
Active5 days on marketMLS 1049629Mar 12, 2026
Listed $727,500
Ddf_delisted154 days on marketMLS 1028050Oct 29, 2024
$695,000
Sold26 days on marketMLS 975109May 22, 2024
Listed $699,500
Cancelled91 days on marketMLS 964727Mar 18, 2024
Listed $699,500
Cancelled65 days on marketMLS 956471Jan 3, 2024
Listed $723,500
Cancelled72 days on marketMLS 950217Oct 11, 2023
Listed $723,500
Expired81 days on marketMLS 945732Jul 19, 2023
Listed $743,500
Cancelled83 days on marketMLS 936038
How this listing compares
Based on 17 sales in Brentwood BayMedian sold
$560,000
Avg days on market
43 days
Avg sale-to-list
97.9%
Avg $/sqft
$612
Price per square foot
Above area average
Current market in Brentwood Bay
Active (same type)
10
Pending
1
All active listings
34
Months of supply
7.1
Buyer's market — 7.1 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$672,000
Homes in Central Saanich sell at 97% of assessed value on average.
Based on 28 recent sales.
Local price trend
How Brentwood Bay has moved over the last decade.
Local price index (normalized) · 28 months
Recent nearby sales
10 sales401-7162 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
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
What would this home cost?
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Monthly mortgage
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Loan amount
$723,900 − $144,780
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$158,758
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?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.