202 613 Herald St

Estimated tax up 11.7% from 2025 to 2026.

The listing shows $2,431 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.

rent

$1,760/mo

after all costs

−$688/mo

cap rate

3.2%

yearly net rent ÷ price

Costs: mortgage $1,712 · tax $203 · strata $358 · 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.

• Rezoning for a 6 storey building

  160 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

  180 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

• Rezoning

  240 m away · 2007 · under review · Discovery, Government, Pembroke, Queens, and Store Streets

  CITY INITIATED REZONING AS PART OF THE ROCK BAY PLAN TO REZONE TO THE M2-I ZONE

• Rezoning

  250 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.

• Rezoning

  310 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.

sold vs last asking

-3.1%

median, 72 condos sold

listed now

43 days

median for 345 condos for sale; this one 22 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.

• Heritage

  This address is inside the Core Historic 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.