Fernwood, Victoria · MLS® 1052462
211
926 sq ft · Condo · Single Family · built 1974 · 13 days on market
listed by Neil Bosdet, Royal LePage Coast Capital - Oak Bay
Enjoy the best of Fernwood living in this bright & spacious 2bed, 1bth corner suite, just a short stroll from neighbourhood parks and the shops, cafés & character of Fernwood Village. An abundance of windows fills the home with natural light, while wide-plank laminate flooring and a comfortable open layout create an inviting living space. Freshly painted throughout with updated light fixtures, the suite feels clean, bright & move-in ready. The generous primary bedroom features a walk-in closet, with plenty of additional in-suite storage. Step outside to the large private deck—an ideal spot for morning coffee, entertaining or simply relaxing outdoors. Conveniently located on the same floor as the common laundry. While there is no elevator, the suite is just one easy flight of stairs up, with no unit below for added privacy & quiet. A proactive strata helps keep the property well maintained, and the building is family & pet friendly, welcoming both dogs & cats with no size restrictions. A terrific opportunity to enjoy a spacious home in one of Victoria's most vibrant & walkable neighbourhoods.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,624 · tax $208 · strata $522 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Victoria: CMHC's average there ($2,284) raised by what new tenants pay against everyone in the Victoria area, then down 1.9% 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
200 m away · 1118 Princess Ave, Victoria · 250-385-3381
1.2 km away · 1280 Fort St, Victoria · 250-386-3591
500 m 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 | $438,800 | $2,482 |
| 2025 | $446,300 | $2,322 |
Estimated tax up 6.9% from 2025 to 2026.
The listing shows $2,491 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 permit for a 5 storey building
270 m away · 2025 · under review · 2525, 2529, 2533 Cook Street and 2522 Empire Street
The City is reviewing a Delegated Development Permit application to construct a five storey multiple dwelling building with underground parking and a townhouse complex. <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 c
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.
the building's lot: 1,334 m² (14,359 sq ft) · PID 000-319-643. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 5 places to eat or drink, 4 cafes, 23 parks and playgrounds, 2 schools, 20 transit stops.
mihom score from OpenStreetMap places, by straight line distance.