Central Park, Victoria · MLS® 1052210
221
872 sq ft · Condo · Single Family · built 2006 · 7 days on market
listed by Haley Lopez, Pemberton Holmes - Westshore
Amazing revenue potential in the heart of downtown Victoria! Nearly 900 sq. ft. of bright, spacious living, this 2 bed, 2 bath Soho condo is ideal for year-round living or frequent travelers looking to generate rental income while away. Perfect for remote professionals, consultants, travelling nurses, contract workers or business owners who value a flexible lifestyle and the potential to offset mortgage payments with rental revenue. The strata permits nightly rentals for up to 160 days per year, subject to provincial legislation and municipal bylaws. One of the largest layouts in this intimate 15-unit building, featuring polished concrete floors, in-suite laundry, two south-facing balconies, secure parking, an updated kitchen and a full repaint in 2024. An owner’s closet simplifies guest turnover. Pets welcome with no size restrictions! Steps to shops, cafés, restaurants, theatres, Save-On-Foods and the Inner Harbour. Buyers to verify short-term rental eligibility and requirements.
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 $2,596 · tax $278 · strata $789 · 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
900 m away · 1118 Princess Ave, Victoria · 250-385-3381
1.0 km away · 1280 Fort St, Victoria · 250-386-3591
1000 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 | $589,900 | $3,336 |
| 2025 | $601,800 | $3,131 |
Estimated tax up 6.5% from 2025 to 2026.
The listing shows $3,340 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 20 storey building
40 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.
170 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.
170 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.
120 m away · 2025 · under review · 1625 Quadra Street
The City is considering a Rezoning application to allow for Cannabis Retail.
220 m away · 2024 · under review · 741 Fisgard Street (Formerly 1620 Blanshard Street)
The City is considering a Rezoning application for a multiple dwelling building with commercial on the ground floor and underground parking. Concurrent with DP000645.
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 Core Mixed-Use Residential 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: 419 m² (4,510 sq ft) · PID 026-792-826. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 99/100 · Very walkable: most errands on foot
Within a 10 minute walk: 6 grocery stores, 166 places to eat or drink, 43 cafes, 10 parks and playgrounds, 4 schools, 6 pharmacies, 42 transit stops.
mihom score from OpenStreetMap places, by straight line distance.