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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

1207 848 Yates St
homes for sale · Victoria · Downtown
1207 848 Yates St — photo 1 of 30
1 / 30
$375,000

1207 848 Yates St

Downtown, Victoria · MLS® 1052900

111

531 sq ft · Condo · Single Family · built 2020 · 6 days on market

listed by Jason Finlayson, Pemberton Holmes Ltd. (Cow Vall)

realtor's description

The lowest-priced listing currently available at The Yates on Yates! This 12th-floor home in Chard’s steel-and-concrete building offers ocean, mountain and city views from a 68 sq.ft. east-facing balcony. Inside you’ll find 531 sq.ft. of smart, efficient living with 8'6'' ceilings, quartz counters, Fisher & Paykel and Liebherr appliances including a built-in fridge, in-suite laundry and heat pump cooling for those warm summer days. Secure underground parking, separate storage and bike storage are included, a rare combination at this price point. Residents enjoy the rooftop patio with covered BBQ, dining area, dog run and kids’ play area. No rental restrictions and pets welcome (see bylaws), making this a perfect first home, pied-à-terre or investment. Step outside to the Inner Harbour, shops, restaurants, theatres and transit. Downtown Victoria living at a price that makes sense!

similar homes nearby

all units at Yates on Yates →

property details

type
Condo, Single Family
bedrooms
1
bathrooms
1
living area
531 sq ft
parking
1
year built
2020
property tax
$2,264 / yr
strata fee
$313 / mo ($0.59 / sq ft)
strata rules
Pets Allowed With Restrictions, Age Restrictions
days on market
6
MLS®
1052900

features

  • Other
  • Pets Allowed With Restrictions
  • Age Restrictions
  • Washer
  • Refrigerator
  • Dryer

floor plans

found among the listing photos.

monthly cost

$2,152/mo
Mortgage $1,650 · Tax $189 · Strata $313

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$1,650/ monthly
loan $300,000
25-year amortization
total interest
$195,128
property transfer tax
$5,500
BC general rate
cash to close
$80,500
down + PTT
total paid
$495,128
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$1,760/mo
after all costs
−$568/mo
cap rate
3.5%
yearly net rent ÷ price

Costs: mortgage $1,650 · tax $189 · strata $313 · 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.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

schools

Catchment schools, Greater Victoria School District 61

  • Elementary South Park Elementaryhomes in this catchment

    1.0 km away · 508 Douglas St, Victoria · 250-382-5234

  • Middle Central Middlehomes in this catchment

    1000 m away · 1280 Fort St, Victoria · 250-386-3591

  • Secondary Victoria Highhomes in this catchment

    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.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jason Finlayson
Pemberton Holmes Ltd. (Cow Vall)
contact the listing agent
Powered by: REALTOR.ca
▶ virtual tour

location

Downtown, VictoriaGoogle Maps ↗

development nearby

  • Rezoning for 329 homes

    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.

  • Rezoning for 129 homes

    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.

  • Rezoning for 129 homes

    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.

  • Rezoning

    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.

property tax by year

yearassessedest. tax
2026$419,000$2,370
2025$435,000$2,263

Estimated tax up 4.7% from 2025 to 2026.

The listing shows $2,264 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.

313 1033 Cook St, Victoria
Condo
$469,900
313 1033 Cook St
Downtown, Victorialisted today
listed by Pemberton Holmes Ltd. - Oak Bay
111573 sq ft
MLS® 1053400
409 1090 Johnson St, Victoria
Condo
$449,900
12% under assessed
409 1090 Johnson St
Downtown, Victorialisted today
listed by Coldwell Banker Oceanside Real Estate
11
203 1602 Quadra St, Victoria
open houseCondo
$365,000
203 1602 Quadra St
Downtown, Victoria78 days on market
listed by Sutton Group West Coast Realty
11
202 613 Herald St, Victoria
Condo
$389,000
202 613 Herald St
Downtown, Victoria22 days on market
listed by Coldwell Banker Oceanside Real Estate
11
506 517 Fisgard St, Victoria
Condo
$449,000
506 517 Fisgard St
Downtown, Victoria1 day on market
listed by Coldwell Banker Oceanside Real Estate
11
101 848 Yates St, Victoria
Condo
$449,900
21% under assessed
101 848 Yates St
Downtown, Victoria16 days on market
listed by Coldwell Banker Oceanside Real Estate
11
1
713 sq ft
MLS® 1053266
604 sq ft
MLS® 1046765
506 sq ft
MLS® 1051567
1
583 sq ft
MLS® 1053129
1
625 sq ft
MLS® 1051985

good to know

  • Heritage

    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.

location

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.

Downtown, VictoriaGoogle Maps ↗
Drive times
  • Heritage Community College1 min
  • Downtown Victoria2 min
  • École George Jay Elementary4 min
  • Victoria High5 min
  • Royal Jubilee Hospital8 min
  • YYJ airport30 min
100

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.

the market here

sold vs last asking
-3.1%
median, 72 condos sold
listed now
43 days
median for 345 condos for sale; this one 6 days

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.