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505 1016 Inverness Rd
SE Quadra Saanich V8X 0B1

$629,000
Residential beds: 2 baths: 2.0 872 sq. ft. built: 2017

Virtually Staged
Photo 1: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 2: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 3: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 4: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 5: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 6: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 7: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 8: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 9: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 10: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 11: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 12: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 13: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 14: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 15: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 16: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Photo 17: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
Status:
Active
Prop. Type:
Residential
MLS® Num:
1025422
Bedrooms:
2
Bathrooms:
2
Year Built:
2017
Like new top-floor 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:
Residential
Type:
Condo Apartment
Year built:
2017 (Age: 9)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
872 sq. ft.
Main Building Living Area:
872 sq. ft.
Listing General Location:
SE Quadra, Saanich East
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
872 sq. ft.
Kitchens:
1
Taxes:
Building Name:
The Shire on Inverness
Building Type:
Other Level
Construction:
Aluminum Siding, Cement Fibre, Stucco, Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
1
Number of Storeys:
6
Number of Buildings:
1
Ceiling Heights:
Total Building Area:
972 sq. ft.
Total Unfinished Area:
100 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
872 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, F/S/W/D, Microwave
Elevator(s)
Balcony, Parking Stall, Separate Storage
Main Level
0
See bylaws
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
See bylaws
Yes
See bylaws
Yes
See bylaws
Unrestricted
See bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Trash, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Water
Association Fee Year:
2026
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
R
Accessibility:
Primary Bedroom on Main
Bed and Breakfast:
None
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
0
Occupancy:
Tenant
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Irregular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Feb 09, 2026
Original Price:
629000.0
  • Photo 1: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 2: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 3: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 4: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 5: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 6: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 7: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 8: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 9: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 10: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 11: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 12: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Virtually Staged
  • Photo 13: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Photo 13 of 17
  • Photo 14: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Photo 14 of 17
  • Photo 15: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Photo 15 of 17
  • Photo 16: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Photo 16 of 17
  • Photo 17: 505 1016 Inverness Rd in Saanich: SE Quadra Condo for sale (Saanich East)  : MLS®# 1025422
    Photo 17 of 17
Listed by RE/MAX Generation
Data was last updated February 9, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
45
Avg list price:
$555,000
Min list price:
$339,000
Max list price:
$1,550,000
Avg days on market:
75
Min days on market:
5
Max days on market:
1,470
Avg price per sq.ft.:
$559.42
These statistics are generated based on the current listing's property type and located in SE Quadra. Average values are derived using median calculations. This data is not produced by the MLS® system.

  

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.