James Bay, Victoria · MLS® 1052248
121
891 sq ft · Condo · Single Family · built 1994 · 16 days on market
listed by Chris Logan, eXp Realty
One bed plus den! Only a block from the Inner Harbour, the Polo Pacific is one of James Bay's best-loved buildings, and this unit has it all. It's big: almost 900 square feet. One bedroom, two bathrooms, and a separate den give you lots of options: room for guests, a home office, or your own creative space. The bedroom has a big walk-in closet and private ensuite and the secluded west-facing patio provides a quiet retreat. The building is solidly managed, pet friendly, rentable, and has no age restrictions. Strata fees cover gas and hot water. Walk to Beacon Hill Park, the waterfront, restaurants, transit, and the harbour. James Bay draws people like you who want to live well in a safe, walkable urban neighbourhood. Make yourself at home!
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $3,028 · tax $302 · strata $622 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in James Bay, Victoria: CMHC's average there ($1,621) 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
700 m away · 508 Douglas St, Victoria · 250-382-5234
2.0 km away · 1280 Fort St, Victoria · 250-386-3591
2.2 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 | $638,800 | $3,613 |
| 2025 | $614,900 | $3,200 |
Estimated tax up 12.9% from 2025 to 2026.
The listing shows $3,627 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.
Rezoning for a 7 storey building
160 m away · 2023 · under review · 475 Kingston Street
The City is considering a Rezoning Application to add multiple dwelling residential uses to facilitate the development of an approximately seven-storey, multiple dwelling building. Concurrent with DP000625.
280 m away · 2021 · under review · 205 Quebec Street, 507 Montreal Street, and 210-224 Kingston Street
The City is considering a Rezoning application to a site-specific zone for a new development which includes commercial and residential uses. Concurrent with DPV00191.
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.
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.
Walkability 94/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 59 places to eat or drink, 13 cafes, 15 parks and playgrounds, 3 schools, 2 pharmacies, 36 transit stops.
mihom score from OpenStreetMap places, by straight line distance.