404 7098 Wallace Dr
$549,000
Brentwood Bay
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About this home
Top-floor corner living in the heart of Brentwood Bay Village. This spacious 1 bed, 1 bath condo at The Wallace features vaulted ceilings, hardwood floors, and an electric fireplace in the living room, while the kitchen is finished with upgraded waterfall quartz countertops and stainless steel appliances. The well-appointed bathroom includes dual sinks and a walk-in shower. One of the best units in the building, the bright open-concept layout extends onto a west-facing balcony, perfect for relaxing and enjoying Butchart Gardens fireworks in the summer. This well-constructed building features superior soundproofing, secure underground parking, a storage locker, and shared EV charging. With the balance of the 2-5-10 warranty remaining and just steps to local dining, coffee shops, shopping, parks, and transit, this home offers stylish, low-maintenance living in one of the Peninsula’s most desirable seaside communities. (id:65179)
Property details
From the listing's public record.
Lot size
647 square feet
Year built
2023
Taxes
$2,670/yr
Strata / HOA
$394/month
Zoning
Residential
Appliances
Heating
Style
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 26, 2026
Listed $549,000
Active34 days on marketMLS 1037342
How this listing compares
Based on 24 sales in Brentwood BayMedian sold
$562,500
Avg days on market
52 days
Avg sale-to-list
97.8%
Avg $/sqft
$589
Price per square foot
Above area average
Current market in Brentwood Bay
Active (same type)
9
Pending
0
All active listings
32
Months of supply
4.5
Balanced market — 4.5 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$500,000
Land
$375,000
Improvements
$125,000
Homes in Central Saanich sell at 98.5% of assessed value on average.
Based on 40 recent sales.
Local price trend
How Brentwood Bay has moved over the last decade.
Local price index (normalized) · 30 months
Recent nearby sales
10 sales403-7161 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
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
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
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
303-7070 West Saanich Rd
$505,000
2 bd · 1 ba · 1,106 sqft · $457/sqft · 56 days on market
Sold Feb 12, 2026 · 98.1% of list
202-7182 West Saanich Rd
$565,000
2 bd · 2 ba · 947 sqft · $597/sqft · 71 days on market
Sold Jan 12, 2026 · 99.4% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Engel & Volkers Vancouver Island