Downtown, Victoria · MLS® 1051599
1
360 sq ft · Condo · Single Family · built 2000 · 23 days on market
listed by Murray Lawson, Royal LePage Coast Capital - Chatterton
Enjoy direct private access straight to your doorstep - bypass the lobby entirely via a gated entry and private patio, making it effortless to roll your bike or e-scooter home. Located in iconic Mermaid Wharf in Victoria’s historic Chinatown district, this bright suite boasts dramatic high ceilings, large windows, and a semi-industrial aesthetic steps from the harborfront walkway, local eateries, and cafes. The refreshed interior features fresh paint and a functional kitchen with double-height cabinetry alongside a new 5-appliance package (fridge, stove, dishwasher, microwave, hood fan). Enjoy a cozy fireplace, soaker tub, in-suite laundry, private patio, and separate storage locker, plus bike and kayak storage (waitlist). Unwind on the shared rooftop terrace with a BBQ and sunset views over the Inner Harbour and Sooke Hills. An exceptional turnkey opportunity for first-time buyers or investors seeking low-maintenance living in a high-demand downtown location.
found among the listing photos.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,404 · tax $146 · strata $313 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a studio in Fort St., Victoria: CMHC's average there ($1,195) raised by what new tenants pay against everyone in the Victoria area, then down 1.5% 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
1.5 km away · 1118 Princess Ave, Victoria · 250-385-3381
1.8 km away · 1280 Fort St, Victoria · 250-386-3591
1.7 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 | $309,800 | $1,752 |
| 2025 | $346,000 | $1,800 |
Estimated tax down 2.7% from 2025 to 2026.
The listing shows $1,754 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 6 storey building
220 m away · 2025 · under review · 530-538 Herald Street, 517-533 Chatham Street
The City is considering a Rezoning application for a six storey residential building with retail at ground level along Chatham Street. CONCURRENT WITH DPV00299. REFER TO REZONING FOR ALL APPLICATION MATERIALS.
Rezoning for a 5 storey building
350 m away · 2025 · under review · 202 Harbour Road
The City is considering a Rezoning application to facilitate the creation of a five-storey building with a vehicle sales centre, vehicle service centre, cafe, and offices. <br>Concurrent with DPV00314.
Rezoning for a 2 storey building
290 m away · 2024 · under review · 1244 to 1252 Wharf Street
The City is considering a Rezoning application to increase density in conjunction with a Heritage Alteration Permit with Variances application for a two storey addition to an existing building. Concurrent with Heritage Alteration Permit with Variance Application No. 00036.
300 m away · 2021 · under review · 1824, 1900, 1908, 1924 and 2010 Store Street, 1907 Store Street and 530 Chatham Street
The City is considering a Rezoning application to permit an increase in density and a number of land uses including: residential, retail, commercial, arts and cultural facilities, high-tech, office, assembly, studio, small-scale commercial agriculture, parks and open space. A concurrent Official Community Plan (OCP) Amendment is required to increase density, increase building heights and for the l
320 m away · 2024 · under review · 603 Pandora Avenue
The City is considering a Rezoning application for hotel with commercial uses at ground level. Concurrent with Development Permit with Variance Application No. 00269. Refer to rezoning file for all documentation.
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.
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.
This address is inside the Inner Harbour 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: 2,011 m² (21,646 sq ft) · PID 024-702-960. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 96/100 · Very walkable: most errands on foot
Within a 10 minute walk: 3 grocery stores, 151 places to eat or drink, 33 cafes, 15 parks and playgrounds, 2 schools, 2 pharmacies, 29 transit stops.
mihom score from OpenStreetMap places, by straight line distance.