306 7098 Wallace Dr
$450,000
Brentwood Bay
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About this home
Sophisticated design meets effortless living in this 1-bedroom, 1-bathroom residence at The Wallace in the heart of Brentwood Bay. Offering 647 sq. ft. of bright, open living space, this thoughtfully designed home features 9 ft ceilings, engineered hardwood floors, quartz countertops, stainless steel appliances and a spacious peninsula kitchen ideal for entertaining. Step outside to a generous covered balcony that extends the living space year-round. The elegant 5-piece bathroom with dual sinks adds a touch of everyday luxury. Secure underground parking, separate storage locker, bike storage, shared EV charger and Modo Car Share membership complete the package. Enjoy a walkable village lifestyle just steps from cafés, restaurants, boutique shops, parks and the waterfront with marinas, beaches, wineries and Butchart Gardens only minutes away. An exceptional opportunity for first-time buyers, downsizers, investors or those seeking a like new well appointed condo on the Saanich Peninsula. (id:65179)
Property details
From the listing's public record.
Lot size
647 square feet
Year built
2023
Taxes
$2,572/yr
Strata / HOA
$394/month
Zoning
Residential
Appliances
Heating
Parking
Lot
Community
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 25, 2026
Listed $450,000
Ddf_delisted14 days on marketMLS 1050565Aug 20, 2026
Listed $470,000
Ddf_delisted36 days on marketMLS 1047390Aug 8, 2026
Listed $490,000
Ddf_delisted12 days on marketMLS 1045127
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)
8
Pending
1
All active listings
33
Months of supply
5.6
Balanced market — 5.6 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$485,000
Homes in Central Saanich sell at 97% of assessed value on average.
Based on 27 recent sales.
Local price trend
How Brentwood Bay has moved over the last decade.
Local price index (normalized) · 27 months
Recent nearby sales
9 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
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
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
What would this home cost?
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Monthly mortgage
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Loan amount
$450,000 − $90,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$98,500
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 Macdonald Realty Ltd. (Sid)