HomeSaanichSE QuadraCondos for Sale

#503 – 1018 Inverness Rd, Saanich

#503 – 1018 Inverness Rd, Saanich

SE Quadra · Condo Apartment · MLS® 1031752 · Listed Apr 16, 2026

1
Bed
1
Bath
540
Sqft
540 sqft
Lot
1
Parking
$314/mo
Strata Fee
2017
Built
Overview

About This Property

Soak up the sun on your oversized private balcony—this top-floor corner unit offers bright, modern living in a fantastic central location. This 1 bed, 1 bath home features an open-concept layout with vaulted ceilings, quartz countertops, stainless steel appliances, and quality finishes throughout. Enjoy in-floor heating in the bathroom and the convenience of in-suite laundry. Includes secure underground parking, storage locker, and no size restrictions for pets. Ideal for first-time buyers, downsizers, or a smart investment for a university student. Walk to parks, shopping including Mayfair Shopping Centre, groceries, and transit, and just minutes to downtown Victoria. Open house- Sat 12-1:30/Sun 11-1

Property Details

Features & Details

Property TypeCondo Apartment
Bedrooms1
Bathrooms1
Interior540 sqft
Lot Size540 sqft (0.01 acres)
Lot FeaturesRectangular Lot
Parking1 space
Year Built2017
HeatingBaseboard, Electric
BasementOther
ExteriorOther
RoofSee Remarks
FoundationConcrete Perimeter
WaterMunicipal
SewerSewer Connected
ZoningMulti-Family
Taxes$2,255 (2025)
Strata Fee$314/mo
PetsAquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
Building Stories5
Parking TypeUnderground
Strata Fee IncludesWater
ExtrasDishwasher, Dryer, F/S/W/D, Microwave, Refrigerator, Washer
MLS® #1031752
BrokerageColdwell Banker Oceanside Real Estate
Location

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History & Activity

Sold Comparables

Recently Sold Nearby

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The local market right now

quadra · condo
Seller’s market
$470,000
Median sold
3.3
Months of supply
41
Avg days to sell

Quadra condo averages, updated daily. See Quadra market stats or Saanich market stats.

Questions about this property

When did #503 – 1018 Inverness Rd, Saanich sell?

#503 – 1018 Inverness Rd, Saanich sold on May 8, 2026, after 22 days on the market.

What did #503 – 1018 Inverness Rd, Saanich sell for?

It sold for $490,000 (listed at $499,900). Source: BC Assessment (registered sale).

How long was #503 – 1018 Inverness Rd, Saanich on the market?

It was on the market for 22 days, from April 16, 2026 to May 8, 2026.

What kind of home is #503 – 1018 Inverness Rd, Saanich?

A Condo Apartment in SE Quadra, Saanich with 1 bedrooms, 1 bathrooms, 540 sqft, built in 2017.

Does #503 – 1018 Inverness Rd, Saanich have parking?

It has 1 parking space.

How big is the lot at #503 – 1018 Inverness Rd, Saanich?

The lot is 540 sqft (0.01 acres).

How did the sold price of #503 – 1018 Inverness Rd, Saanich compare to its BC assessment?

#503 – 1018 Inverness Rd, Saanich sold for $490,000, 8.8% above its BC-assessed value of $450,500 (assessed July 1, 2025) — a sale-to-assessment ratio of 109%. Source: BC Assessment.

What is the Saanich real estate market like now?

Saanich is currently a seller's market: median sold price $470,000, 3.3 months of inventory, homes typically selling in about 41 days.

What other condos are for sale in Quadra?

There are 31 condos for sale in Quadra right now. Browse all Quadra condos for sale to see current listings, updated daily from the MLS® system.

How much do condos cost in Quadra?

The median condo sold price in Quadra is $470,000, based on 171 sales over the past 12 months. The median price per square foot is $579. Compare asking prices across the condos currently for sale in Quadra.

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VREB · Victoria Real Estate Board

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 17, 2026.