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503 1016 Inverness Rd

$699,000

Quadra

Condo2 bd · 2 ba · 836 sqftBuilt 2017$836/sqft46 days on market

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About this home

Welcome to a rare corner home at The Shire featuring one of the largest private decks in the complex. Unit 503 stands apart in three ways that matter most. It is a corner home with light pouring in from multiple directions, it offers a 290 sqft west facing deck with mountain views, and it backs onto a protected Garry Oak meadow, providing a quiet, private outlook from the primary bedroom. The deck is the headline feature. At 290 sqft, it functions as a true outdoor room, with space for a dining setup, lounge seating, and a container garden, plus a dedicated storage shed for seasonal items and gear. Sunset views to the west, quiet meadow views to the north. For a condo, this is a rare amount of usable outdoor space. Inside is a kitchen fully loaded with stainless steel appliances, quartz counters, an island with an eating bar, a separate pantry, and slow close cabinetry. The open concept living and dining area is bright with corner exposure. In suite laundry adds everyday convenience. The primary bedroom faces the meadow for cool, quiet sleeping, with a walk-in closet and a 3-piece ensuite featuring a luxurious 5-foot shower. The second bedroom and full bathroom give privacy for guests, a home office, or a roommate. Both bathrooms have heated tile floors. Secure underground parking, a separate storage locker, and bike storage are all included. The Shire is pet-friendly with no size restrictions, professionally managed, and BBQ friendly. Location is the final piece. Rutledge Park is across the street for green space, dog walking, and tennis. Roundhouse Cafe is around the corner. Bus routes are at your door. Minutes to Uptown, Mayfair, Thrifty Foods, downtown, UVic, and Camosun College. A rare combination of corner privacy, exceptional outdoor space, and central convenience. (All information is approximate and must be verified.) (id:65179)

Property details

From the listing's public record.

Lot size

836 square feet

Year built

2017

Taxes

$3,200/yr

Strata / HOA

$490/month

Zoning

Multi-Family

View

City viewMountain view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heatersElectric

Parking

Underground

Lot

Central location

Community

Family OrientedPets Allowed

Price history

2 records

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

  1. May 14, 2026

    Listed $699,000

    Active46 days on marketMLS 1036544
  2. Jun 28, 2019

    $570,000

    Sold17 days on marketMLS 809521

How this listing compares

Based on 85 sales in Quadra

Median sold

$470,000

Avg days on market

40 days

Avg sale-to-list

97.5%

Avg $/sqft

$522

Price per square foot

This home: $836/sqftArea average: $522/sqft

Above area average

Current market in Quadra

Active (same type)

49

Pending

16

All active listings

68

Months of supply

6.9

Buyer's market6.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$636,000

Land

$506,000

Improvements

$130,000

Homes in Saanich East sell at 96.7% of assessed value on average.

Based on 255 recent sales.

Local price trend

How Quadra has moved over the last decade.

6697129Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 212-991 Cloverdale Ave

    $440,000

    2 bd · 1 ba · 1,001 sqft · $440/sqft · 43 days on market

    Sold Jun 29, 2026 · 96.7% of list

  • 302-1005 Mckenzie Ave

    $339,000

    1 bd · 1 ba · 818 sqft · $414/sqft · 12 days on market

    Sold Jun 26, 2026 · 100% of list

  • 309-1000 Inverness Rd

    $632,500

    2 bd · 2 ba · 977 sqft · $647/sqft · 17 days on market

    Sold Jun 24, 2026 · 97.3% of list

  • 209-881 Short St

    $445,000

    1 bd · 1 ba · 640 sqft · $695/sqft · 99 days on market

    Sold Jun 22, 2026 · 96.8% of list

  • 107-1000 Inverness Rd

    $490,000

    1 bd · 1 ba · 907 sqft · $540/sqft · 27 days on market

    Sold Jun 18, 2026 · 98% of list

  • 408-870 Short St

    $620,000

    2 bd · 2 ba · 1,039 sqft · $597/sqft · 124 days on market

    Sold Jun 17, 2026 · 92.7% of list

  • 205-820 Short St

    $534,900

    2 bd · 2 ba · 919 sqft · $582/sqft · 11 days on market

    Sold Jun 15, 2026 · 94.2% of list

  • 202-3255 Glasgow Ave

    $405,000

    2 bd · 1 ba · 1,092 sqft · $371/sqft · 18 days on market

    Sold Jun 8, 2026 · 95.3% of list

  • 505-1016 Inverness Rd

    $627,000

    2 bd · 2 ba · 972 sqft · $645/sqft · 13 days on market

    Sold Jun 5, 2026 · 99.7% of list

  • 203-1020 Inverness Rd

    $580,000

    2 bd · 2 ba · 840 sqft · $690/sqft · 26 days on market

    Sold Jun 3, 2026 · 96.7% of list

  • 503-1018 Inverness Rd

    $490,000

    1 bd · 1 ba · 833 sqft · $588/sqft · 22 days on market

    Sold Jun 1, 2026 · 98% of list

  • 405-3460 Quadra St

    $450,000

    2 bd · 2 ba · 751 sqft · $599/sqft · 8 days on market

    Sold May 29, 2026 · 100% of list

More on this listing

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