308 7098 Wallace Dr
$499,000
Brentwood Bay
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
Want a condo with a little more personality? Meet ''The Wallace''! Constructed in 2023 for those who want quality, location and modern style. Pristine & refreshingly unfussy end-unit comes with wide-plank eng'd Oak flooring, quartz counters, stainless appliances, in-suite laundry, fireplace, balcony & quality finishes that look sharp without wasting an inch. Bonus: a heat pump for cooling when summer gets serious! The Wallace nails the practical stuff too: soundproofing, secure parking, storage, bike room, shared EV charger, Car Wash area, Guest Parking & 2-5-10 warranty for added peace of mind. How about location? Check out the Brentwood Bay vibe--it has a bit of everything! Walkable with coffee spots, dining, waterfront, cycling, paddling, marina & parks. Markets, farms, shopping, amenities & Butchart Gardens are part of the neighbourhood mix. It’s the kind of place you can have dinner out or hop on your bike & cruise the sights for a few hours. Are You Ready for a sweet 1 BR condo?! (id:65179)
Property details
From the listing's public record.
Lot size
650 square feet
Year built
2023
Taxes
$2,572/yr
Strata / HOA
$394/month
Zoning
Multi-Family
Appliances
Heating
Cooling
Lot
Community
Security
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $499,000
Active2 days on marketMLS 1050111Jan 15, 2024
$486,000
Sold60 days on marketMLS 947042
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
$485,000
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?
Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.
Toggle to enter as % or $ — the other field updates automatically.
We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.
Estimate
Monthly mortgage
—
Enter a rate to see the payment.
Loan amount
$499,000 − $99,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$109,280
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.
Want a real rate?
Connect with a local mortgage broker for current rates and what you'd actually qualify for.
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Macdonald Realty Ltd. (Sid)