#505 – 1016 Inverness Rd, Saanich
SE Quadra · Condo Apartment · MLS® 1025422 · Listed Feb 9, 2026
Like new 2 bed, 2 bath condo in the sought-after Shire complex. Bright open-concept living and dining filled with natural light, overlooking a protected Garry Oak meadow on the quiet side of the building. Modern kitchen with quartz counters, island, stainless steel appliances, slow-close cabinetry, and excellent storage. Both bathrooms feature heated tile floors, plus convenient in-suite laundry. Pet-friendly building. Secure underground parking, separate storage, and bike locker included. Centrally located minutes to downtown, Mayfair Shopping Centre, Thrifty Foods, University of Victoria, and Camosun College. Exceptional value in a prime location.
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 872 sqft |
| Lot Size | 872 sqft (0.02 acres) |
| Lot Features | Irregular Lot |
| Parking | 1 space |
| Year Built | 2017 |
| Heating | Baseboard, Electric |
| Exterior | Aluminum Siding, Cement Fibre, Stucco, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $3,091.4 (2025) |
| Strata Fee | $483/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 6 |
| Parking Type | Underground |
| Amenities | Elevator(s) |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Dryer, F/S/W/D, Microwave, Refrigerator, Washer |
| MLS® # | 1025422 |
| Brokerage | RE/MAX Generation |
Similar properties sold within 6 months
Quadra condo averages, updated daily. See Quadra market stats or Saanich market stats.
#505 – 1016 Inverness Rd, Saanich sold on February 22, 2026, after 13 days on the market.
It sold for $627,000 (listed at $629,000). Source: BC Assessment (registered sale).
It was on the market for 13 days, from February 9, 2026 to February 22, 2026.
A Condo Apartment in SE Quadra, Saanich with 2 bedrooms, 2 bathrooms, 872 sqft, built in 2017.
It has 1 parking space.
The lot is 872 sqft (0.02 acres).
#505 – 1016 Inverness Rd, Saanich sold for $627,000, 2.6% above its BC-assessed value of $611,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 103%. Source: BC Assessment.
Saanich is currently a seller's market: median sold price $470,000, 3.3 months of inventory, homes typically selling in about 41 days.
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.
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.
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.
