Downtown, Victoria · MLS® 1051985
111
625 sq ft · Condo · Single Family · built 2020 · 16 days on market
listed by Harrison Siemens, Coldwell Banker Oceanside Real Estate
Downtown living at Yates on Yates, priced $117,000 UNDER ASSESSMENT, with a parking spot (ask for strata docs). This designer inspired townhouse style 1 bed + den is one of only a few units in the building with a private patio and almost 10' ceilings. The open floor plan is made for entertaining, with elevated finishes and new lighting throughout, and you’ll love the heated bathroom floors on cool Victoria mornings. The den is perfect for a home office setud. Tucked off the quiet east laneway with a gated private entry, you’re still steps to everything downtown Victoria has to offer: cafes, restaurants, shops, the Inner Harbour, and more. The building brings the extras: a rooftop patio with BBQs and lounge areas, a community garden, a private dog play area, and a dog wash station in the parkade. Whether it’s your full time home, a pied-a-terre, or a rental investment, this one is priced well below assessment, which is rare for this much space. Book your showing today before it’s gone!
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,980 · tax $267 · strata $386 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Fort St., Victoria: CMHC's average there ($1,510) raised by what new tenants pay against everyone in the Victoria area, then down 1% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Greater Victoria School District 61
1.0 km away · 508 Douglas St, Victoria · 250-382-5234
1000 m away · 1280 Fort St, Victoria · 250-386-3591
1.0 km away · 1260 Grant St, Victoria · 250-388-5456
From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $566,900 | $3,206 |
| 2025 | $576,500 | $3,000 |
Estimated tax up 6.9% from 2025 to 2026.
The listing shows $3,207 a year in property tax.
Estimate: the BC Assessment value times Victoria's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
250 m away · 2025 · under review · 829-899 Fort Street & 846-856 Broughton Street
The City is considering a Rezoning application for a development consisting of three mixed- use towers with residential above commercial uses. CONCURRENT WITH DPV00297 APPLICATION. REFER TO REZONING FILE FOR APPLICATION MATERIALS.
Rezoning for a 20 storey building
200 m away · 2023 · under review · 854, 858 & 880 Pandora Avenue
The City is considering a Rezoning application to construct a 20-storey mixed-use building. Concurrent with Development Permit application No. 000630.
380 m away · 2025 · under review · 930-934 Balmoral Road and 1701 Quadra Street
The City is considering a Heritage Alteration Permit application to renovate the existing church and construct 129 new purpose built rental units. Concurrent with REZ00894 and DPV00293. Refer to rezoning file for all materials.
380 m away · 2025 · under review · 930-934 Balmoral Road and 1701 Quadra Street (932 Balmoral Road)
The City is considering a Rezoning application to renovate the existing church and construct 129 new purpose built rental units. Concurrent with DPV00293 and HAP00271.
320 m away · 2025 · under review · 1625 Quadra Street
The City is considering a Rezoning application to allow for Cannabis Retail.
And 1 smaller application nearby.
Applications filed with the city, active or decided in the last 3 years, measured from the listing's map pin. An application isn't an approval; the city's page has the current details. Source: City of Victoria development tracker.
This address is inside the Core Business Area heritage conservation area (Victoria). Exterior changes can need a heritage permit, and some heritage homes qualify for grants or incentives; the municipality can confirm.
Source: BC Heritage Branch, historic places and conservation areas
From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.
the building's lot: 2,741 m² (29,504 sq ft) · PID 031-355-919. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 100/100 · Very walkable: most errands on foot
Within a 10 minute walk: 6 grocery stores, 182 places to eat or drink, 45 cafes, 11 parks and playgrounds, 5 schools, 7 pharmacies, 51 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
Condos in Victoria, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.