206 – 4040 Borden St, Saanich
SE Lake Hill · Condo Apartment · MLS® 1018942 · Listed Nov 7, 2025
Bright 2Be/2Ba condo in one of Saanich’s most sought-after areas. Ideal layout features rooms on opposite sides of the living room, each w/its own bathroom. Perfect for privacy when hosting, roommates, or home office. Relaxing open&inviting space w/8'9" ceilings, new laminate flooring&an abundance of natural light. Modern kitchen w/stunning Macassar Ebony cabinetry, quartz countertops, BOSCH appliances&large island w/ample storage. Living room has an electric FP for cozy atmosphere&opens to large patio, perfect for unwinding or BBQs. Spacious primary bed w/generous walk-through closet leads to a full ensuite. 2nd bed is well-sized&next to the main bath w/ deep tub/shower combo. PLUS in-suite laundry, large EV-ready parking spot, a designated bike rack&storage locker. The Brix is a well-managed, pet&family friendly building (2dogs or 1cat&1 dog). Steps to SaanichCentre, Lochside Trail, UVic, major bus routes&essential amenities.Quick possession available!
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 693 sqft |
| Lot Size | 777 sqft (0.02 acres) |
| Lot Features | Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Shopping Nearby |
| Parking | 1 space |
| Year Built | 2012 |
| Fireplaces | 1 |
| Heating | Baseboard |
| Exterior | Cement Fibre, Frame Wood, Other |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Laminate, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Multi-Family |
| Taxes | $2,632.13 (2025) |
| Strata Fee | $475/mo |
| Pets | Aquariums, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 4 |
| Parking Type | Guest, Underground |
| Strata Fee Includes | Water |
| Extras | Dishwasher, F/S/W/D |
| MLS® # | 1018942 |
| Brokerage | Sotheby's International Realty Canada |
Similar properties sold within 6 months
Lake Hill condo averages, updated daily. See Lake Hill market stats or Saanich market stats.
206 – 4040 Borden St, Saanich sold on February 13, 2026, after 98 days on the market.
It sold for $523,000 (listed at $549,900). Source: BC Assessment (registered sale).
It was on the market for 98 days, from November 7, 2025 to February 13, 2026.
A Condo Apartment in SE Lake Hill, Saanich with 2 bedrooms, 2 bathrooms, 693 sqft, built in 2012.
It has 1 parking space.
The lot is 777 sqft (0.02 acres).
206 – 4040 Borden St, Saanich was originally listed at $570,000, then reduced to $549,900 (3.5% reduction), and sold for $523,000.
206 – 4040 Borden St, Saanich sold for $523,000, 3.5% below its BC-assessed value of $542,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 96%. Source: BC Assessment.
Saanich is currently a seller's market: median sold price $514,000, 3 months of inventory, homes typically selling in about 46 days.
The median condo sold price in Lake Hill is $514,000, based on 10 sales over the past 12 months. The median price per square foot is $771. Compare asking prices across the condos currently for sale in Lake Hill.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 16, 2026.
