$799,900
7037 WALLACE Dr
Beds
4
Baths
2
Sqft
—
Year
1983
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Central Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Priced for buyers looking to break into the market, this Brentwood Bay half duplex offers a single family feel with no strata fees and no shared walls between units. A great option for those moving up from a condo or townhouse, it provides more space, privacy, and flexibility at an attainable price point. The main floor features a bright living and dining area with a wood burning fireplace, an updated kitchen with stainless steel appliances, and French doors leading outside, plus a bedroom or den, two piece bath, laundry, and storage. Upstairs offers three bedrooms, a four piece bath, and additional storage. The home has seen some updates over time including flooring, kitchen, bathroom, and baseboard heaters, but still offers room to improve and add value. Outside includes covered parking, extra driveway space, and a backyard shed. Located steps from schools, shops, the Brentwood Bay Ferry, and Butchart Gardens, this is a solid opportunity to get into a family friendly neighbourhood. (id:65958)
- Subtype
- Single Family
- Structure
- Duplex
- Community
- Brentwood Bay
- Common interest
- Condo/Strata
- Living area
- 1,427 square feet
- Lot size
- 1,692 square feet
- Lot dimensions
- 1692
- Parking
- 3 total
- Condo/HOA fee
- $0 monthly
- Fireplace
- 1
- On market
- Apr 15, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $4,459.38
- Zoning
- Residential
- Photos
- 39
- MLS#
- 1032296
- Area
- CENTRAL_SAANICH
Features and systems
Appliances
Heating
Cooling
Lot
Community
Cash on cash
-6.67%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,936
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.