401 1016 Inverness Rd

401 1016 Inverness Rd · Saanich · Apartment · 1 bed · 1 bath · $473,000 · MLS 1043893

Saanich, British Columbia
For sale
401 1016 Inverness Rd

401 1016 Inverness Rd is located in Saanich. Property snapshot: Apartment, 1 bed, 1 bath, listed at $473,000, MLS 1043893. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded

List Price: $473,000
MLS: 1043893
Bedrooms: 1
Bathrooms: 1
Interior Size: 537 sqft
Days on Market: -
Days on Site: 1
Deal Score: 50/100
Price History: Latest recorded list price 473000.00

Local Decision Guide

How should buyers evaluate 401 1016 Inverness Rd?

Start by reading this listing in its Saanich context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 401 1016 Inverness Rd?

This page shows a list price of $473,000 with MLS 1043893.

What type of home is this Saanich listing?

The page shows Apartment, 1 bed, 1 bath at 401 1016 Inverness Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 473000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Bright Modern Living in the Shire. Welcome to 401-1016 Inverness Road at The Shire, a beautifully maintained 4th-floor 1 bed, 1 bath condo built in 2017, offering 537 sq ft of bright, thoughtfully designed living. This south-facing home offers plenty of natural light and enjoys city views with distant Olympic Mountain vistas. The open-concept layout features a stylish kitchen with quartz countertops, stainless steel appliances, breakfast bar, and quality finishes throughout. Additional highlights include heated tile floors in the bathroom, in-suite laundry, a right sized balcony with room for your BBQ, secure underground parking, separate storage locker, and bike storage. Ideally located just steps to Rutledge Park, shopping, cafes, and transit, with an easy commute to UVic, downtown, and the ferries. Pet and rental-friendly, this is an exceptional opportunity in one of Victoria's most convenient neighbourhoods. Easy to show. (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
2017
Year Built
9 years
Age
1
Days on Site
537 sqft
Interior Size
C$881
Price per Sqft

Complex Name: 1016 Inverness Road

Transaction: For sale

Status: active

Listing ID: 30076834 (1043893)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$473,000

PID: 030-230-462

Days on Site: 1 days

Added to Relistico: 2026-07-24

Updated on: 2026-07-24 01:02 PM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
About 299.8 m away
3475 Quadra Street
About 776.5 m away
Shopping Centres
About 519.6 m away
861 Cloverdale Avenue
About 544 m away
3408 Seymour Pl

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Fri, 24 Jul 2026 12:26:40 PM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: DFH Real Estate Ltd.

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