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205 4030 Shelbourne St
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Beds
1
Baths
1
Sqft
738
Year
2023
Type
Single Family
On market
439d
Location, Location, Location!! Welcome to The Affinity! This modern 1-bedroom PLUS DEN, 1-bathroom condo offers 738 sqft of contemporary living space with a south-facing balcony that brings in plenty of natural light. Built in 2023, this like-new energy-efficient home features hardwood flooring, and a central air heating/cooling system for year-round comfort. The sleek kitchen is equipped with high-end stainless-steel appliances and quartz countertops. Additional perks include in-suite laundry, secure underground parking with EV charging, and a separate storage locker. The Affinity is pet-friendly with no age or rental restrictions and full home warranty coverage. Located in the desirable Gordon Head area, close to UVic, parks, recreation centre, restaurants, and shopping. This is an ideal home for first-time buyers, investors, or those looking to downsize. Do not miss this opportunity! (Tenanted. Month-to-month contract. $2400 plus utilities). Showings 1-3 pm on Saturdays ONLY. Over night notice required. Pictures were taken before tenant moved in. Floor plan by Stellar Real Estate Marketing; verify if important. No lockbox; listing agent will present. Seller request no photos.) (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Balcony | 11 × 6 feet | |
| Bathroom | 6 × 9 feet | |
| Den | 8 × 11 feet | |
| Primary Bedroom | 14 × 10 feet | |
| Living room | 11 × 11 feet | |
| Dining room | 11 × 7 feet | |
| Kitchen | 10 × 11 feet |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.85%
Cap rate
3.49%
GRM
16.7
Break-even rent
$3,783
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.