
503 1016 Inverness Rd
$699,000
Quadra
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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
Appliances
Heating
Parking
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
May 14, 2026
Listed $699,000
Active46 days on marketMLS 1036544Jun 28, 2019
$570,000
Sold17 days on marketMLS 809521
How this listing compares
Based on 85 sales in QuadraMedian sold
$470,000
Avg days on market
40 days
Avg sale-to-list
97.5%
Avg $/sqft
$522
Price per square foot
Above area average
Current market in Quadra
Active (same type)
49
Pending
16
All active listings
68
Months of supply
6.9
Buyer's market — 6.9 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.
Local price index (normalized) · 119 months
Recent nearby sales
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$440,000
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Sold Jun 29, 2026 · 96.7% of list
302-1005 Mckenzie Ave
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Sold Jun 26, 2026 · 100% of list
309-1000 Inverness Rd
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Sold Jun 24, 2026 · 97.3% of list
209-881 Short St
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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
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2 bd · 2 ba · 1,039 sqft · $597/sqft · 124 days on market
Sold Jun 17, 2026 · 92.7% of list
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202-3255 Glasgow Ave
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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
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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
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Sold May 29, 2026 · 100% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.