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301 7098 Wallace Dr

$723,900

Brentwood Bay

Condo2 bd · 2 ba · 960 sqftBuilt 2023$754/sqft5 days on market

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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

Mountain viewValley view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heaters

Cooling

Air Conditioned

Parking

Underground

Lot

Central location

Style

Contemporary

Community

Family OrientedPets Allowed With Restrictions

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 15, 2026

    Listed $723,900

    Active5 days on marketMLS 1049629
  2. Mar 12, 2026

    Listed $727,500

    Ddf_delisted154 days on marketMLS 1028050
  3. Oct 29, 2024

    $695,000

    Sold26 days on marketMLS 975109
  4. May 22, 2024

    Listed $699,500

    Cancelled91 days on marketMLS 964727
  5. Mar 18, 2024

    Listed $699,500

    Cancelled65 days on marketMLS 956471
  6. Jan 3, 2024

    Listed $723,500

    Cancelled72 days on marketMLS 950217
  7. Oct 11, 2023

    Listed $723,500

    Expired81 days on marketMLS 945732
  8. Jul 19, 2023

    Listed $743,500

    Cancelled83 days on marketMLS 936038

How this listing compares

Based on 17 sales in Brentwood Bay

Median sold

$560,000

Avg days on market

43 days

Avg sale-to-list

97.9%

Avg $/sqft

$612

Price per square foot

This home: $754/sqftArea average: $612/sqft

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 market7.1 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.

249362476Oct 2016Jul 2021Aug 2025

Local price index (normalized) · 28 months

Recent nearby sales

10 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

  • 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

$579,120

Down payment

20.0%

$144,780

Property Transfer Tax

$12,478

Legal / closing (est.)

$1,500

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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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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