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1467 Bay St
homes for sale · Victoria · Fernwood
1467 Bay St — photo 1 of 35
1 / 35
$719,000

1467 Bay St

Fernwood, Victoria · MLS® 1053150

211

1,152 sq ft · 3,360 sq ft lot · House · Single Family · built 1912 · 3 days on market

listed by Blake Moreau, RE/MAX Camosun

realtor's description

Step into the warmth and character of this charming 1912 home, offering 2–3 bedrooms and 1 bathroom in a highly central location. Original details include solid wood floors, coved ceilings and a cozy wood-burning fireplace. The bright, inviting art room provides the perfect space for creativity, hobbies or a home office. Spacious kitchen and Dining room for entertaining. The lower level offers excellent future development potential, along with a newer furnace and hot water tank. Outside, enjoy a private, south-facing backyard complete with grapevines, plum and apple trees, and a sunny patio—perfect for relaxing or entertaining. Just a short commute to Downtown Victoria and close to an abundance of shopping and amenities. A wonderful opportunity and great value! There is a bonus detached 1 bedroom garden suite.

similar homes nearby

property details

type
House, Single Family
bedrooms
2
bathrooms
1
living area
1,152 sq ft
lot
3,360 sq ft
parking
1
year built
1912
property tax
$3,797 / yr
days on market
3
MLS®
1053150

features

  • Level lot
  • Refrigerator

floor plans

found among the listing photos.

monthly cost

$3,481/mo
Mortgage $3,164 · Tax $316

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

estimated payment
$3,164/ monthly
loan $575,200
25-year amortization
total interest
$374,126
property transfer tax
$12,380
BC general rate
cash to close
$156,180
down + PTT
total paid
$949,326
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

suite rent
$1,920/mo
your cost after the suite
$1,889/mo
vs $3,656 without it

Costs: mortgage $3,164 · tax $316 · insurance ~$175 · vacancy 3% · upkeep 5%.

Suite rent is today's market rent for a 1-bedroom in Victoria: CMHC's average there ($1,644) 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 Bank Elementaryhomes in this catchment

    1.1 km away · 1623 Bank St, Victoria · 250-598-5012

  • Middle Monterey Middlehomes in this catchment

    2.6 km away · 851 Monterey Ave, Victoria · 250-598-4589

  • Secondary Oak Bay Highhomes in this catchment

    1.7 km away · 2121 Cadboro Bay Rd, Victoria · 250-598-3361

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
Blake Moreau
RE/MAX Camosun
call Blake · 250-881-0423
Powered by: REALTOR.ca
▶ virtual tour

location

Fernwood, VictoriaGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$707,000$3,999

The listing shows $3,797 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.

development nearby

  • Development permit for a 5 storey building

    200 m away · 2025 · under review · 1545 and 1551 Bay Street

    The City is reviewing a Delegated Development Permit application to construct a five-storey rental apartment. <br><br>Under the site’s existing zoning, the application may be permitted; however, it requires staff review against city policy/guidelines and a decision of the Director of Planning. This information is being shared to keep the community informed.

  • Development permit for a 3 storey building

    230 m away · 2025 · under review · 1574 Bay Street

    The City is reviewing a Delegated Development Permit application to construct two three-storey residential buildings. <br><br>Under the site’s existing zoning, the application may be permitted; however, it requires staff review against city policy/guidelines and a decision of the Director of Planning. This information is being shared to keep the community informed.

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.

the market here

sold vs last asking
-3.1%
median, 26 houses sold
listed now
45 days
median for 146 houses for sale; this one 3 days

Houses 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.

1404 Taunton St, Victoria
open houseHouse
$859,000
1404 Taunton St
Fernwood, Victoria82 days on market
listed by One Percent Realty
4111,643 sq ft
MLS® 1046471
2207 Victor St, Victoria
House
$848,999
2207 Victor St
Fernwood, Victoria14 days on market
listed by Newport Realty Ltd.
223
2310 Fernwood Rd, Victoria
Townhouse
$784,900
2310 Fernwood Rd
Fernwood, Victoria21 days on market
listed by RE/MAX Sabre Realty Group
22
303 1625 Belmont Ave, Victoria
Condo
$569,000
303 1625 Belmont Ave
Fernwood, Victoria29 days on market
listed by Royal LePage Coast Capital - Chatterton
22
303 1500 Elford St, Victoria
Condo
$639,000
303 1500 Elford St
Fernwood, Victoria30 days on market
listed by Clover Residential Ltd.
22
3 1315 Gladstone Ave, Victoria
Townhouse
$699,900
3 1315 Gladstone Ave
Fernwood, Victoria34 days on market
listed by Royal LePage Coast Capital - Oak Bay
22
1,147 sq ft
MLS® 1051352
1
1,149 sq ft
MLS® 1051423
1
1,178 sq ft
MLS® 1050954
1
1,147 sq ft
MLS® 1050012
1,179 sq ft
MLS® 1049776

location

lot outline: 312 m² (3,358 sq ft) · PID 007-701-608. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Fernwood, VictoriaGoogle Maps ↗
Drive times
  • Oaklands Elementary3 min
  • Royal Jubilee Hospital4 min
  • Victoria High4 min
  • Camosun College Lansdowne6 min
  • Downtown Victoria7 min
  • YYJ airport31 min
81

Walkability 81/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 4 places to eat or drink, 2 cafes, 14 parks and playgrounds, 1 school, 20 transit stops.

mihom score from OpenStreetMap places, by straight line distance.