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Pemberton Holmes Ltd.

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203 11 Cooperage Pl
homes for sale · Victoria · Songhees
203 11 Cooperage Pl — photo 1 of 40
1 / 40
$799,900

203 11 Cooperage Pl

Songhees, Victoria · MLS® 1052278

221

1,207 sq ft · Condo · Single Family · built 1990 · 14 days on market

listed by Glynis MacLeod, Sotheby's International Realty Canada

realtor's description

Unbeatable Songhees Location. Experience exceptional waterfront living from this pristine 2-bedroom, 2-bathroom condo in the highly sought-after Royal Quays. Positioned on the quiet side, near the International Marina, this spacious 1,200+ sq ft home has gorgeous new wide plank oak floors. Lovingly cared for by the current owner, it showcases active views of Victoria’s vibrant harbour, the Songhees walkway & the distant Olympic Mountains. A cosy gas fireplace (included in strata fees) anchors the spacious living room. Enjoy the convenience of in-suite laundry, separate storage & secure parking. This well-run, fully remediated building - including a recent large expenditure on paint & caulking - provides peace of mind & a welcoming community. Long-term rentals are permitted, & pets are welcome (2 cats or 1 dog, no size limit). Steps from the waterfront trail, Boom & Batten restaurant & shops -embrace an unbeatable lifestyle on Victoria’s stunning inner harbour

similar homes nearby

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,207 sq ft
parking
1
year built
1990
property tax
$4,919 / yr
strata fee
$649 / mo ($0.54 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
14
MLS®
1052278

buying in a building from 1982 to 2000: what to read first

features

  • Central location
  • Curb & gutter
  • Other
  • Marine Oriented
  • Family Oriented
  • Pets Allowed With Restrictions

monthly cost

$4,580/mo
Mortgage $3,520 · Tax $410 · Strata $649

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

estimated payment
$3,520/ monthly
loan $639,920
25-year amortization
total interest
$416,221
property transfer tax
$13,998
BC general rate
cash to close
$173,978
down + PTT
total paid
$1,056,141
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
$2,680/mo
after all costs
−$2,149/mo
cap rate
2.1%
yearly net rent ÷ price

Costs: mortgage $3,520 · tax $410 · strata $649 · 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.

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 Victoria West Elementaryhomes in this catchment

    800 m away · 750 Front St, Victoria · 250-382-9131

  • Middle Rockheights Middlehomes in this catchment

    2.3 km away · 1250 Highrock Ave, Victoria · 250-384-7125

  • Secondary Esquimalt Highhomes in this catchment

    1.6 km away · 847 Colville Rd, Victoria · 250-382-9226

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
Glynis MacLeod
Sotheby's International Realty Canada
call Glynis · 250-661-7232
Powered by: REALTOR.ca

location

Songhees, VictoriaGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$869,000$4,915
2025$835,000$4,345

Estimated tax up 13.1% from 2025 to 2026.

The listing shows $4,919 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 22 storey, 209 unit building

    210 m away · 2026 · under review · 251 Esquimalt Road

    The City is reviewing a Delegated Development Permit application to construct a new designated affordable 22 storey residential tower that will provide 209 new rental homes. <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

  • Rezoning for a 6 storey building

    370 m away · 2024 · under review · 235 Russell Street

    The City is considering a Rezoning Application to increase the density and add multiple dwelling residential use to facilitate the development of an approximately six-storey, mixed-use building with industrial uses below and residential rental units above. Concurrent with DPV00280. Refer to Rezoning file for all application materials.

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, 72 condos sold
listed now
43 days
median for 348 condos for sale; this one 14 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.

1404 83 Saghalie Rd, Victoria
Condo
$949,900
1404 83 Saghalie Rd
Songhees, Victoria85 days on market
listed by Engel & Volkers Vancouver Island
2221,077 sq ft
MLS® 1045223
526 205 Kimta Rd, Victoria
Condo
$999,900
526 205 Kimta Rd
Songhees, Victoria7 days on market
listed by Alexandrite Real Estate Ltd.
22
104 68 Songhees Rd, Victoria
Condo
$849,000
104 68 Songhees Rd
Songhees, Victoria9 days on market
listed by RE/MAX Camosun
12
501 83 Saghalie Rd, Victoria
Condo
$659,900
501 83 Saghalie Rd
Songhees, Victoria24 days on market
listed by Engel & Volkers Vancouver Island
11
605 60 Saghalie Rd, Victoria
Condo
$868,000
605 60 Saghalie Rd
Songhees, Victoria30 days on market
listed by RE/MAX Camosun
22
604 60 Saghalie Rd, Victoria
Condo
$949,000
604 60 Saghalie Rd
Songhees, Victoria37 days on market
listed by Pemberton Holmes Ltd.
22
1
1,367 sq ft
MLS® 1052972
1
843 sq ft
MLS® 1052559
1
601 sq ft
MLS® 1051068
1
983 sq ft
MLS® 1051078
1
960 sq ft
MLS® 1050500

good to know

  • Tsunami hazard zone

    This address is inside the City of Victoria's tsunami hazard zone (2021 model). The city's advice: after strong shaking, move to higher ground.

    Source: City of Victoria open data, Tsunami Hazard Zone (2021 model)

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: 6,805 m² (73,248 sq ft) · PID 015-867-072. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Songhees, VictoriaGoogle Maps ↗
Drive times
  • Victoria West Elementary3 min
  • Downtown Victoria4 min
  • Heritage Community College5 min
  • Victoria High8 min
  • Royal Jubilee Hospital11 min
  • YYJ airport33 min
79

Walkability 79/100 · Walkable: many errands on foot

Within a 10 minute walk: 1 grocery store, 17 places to eat or drink, 3 cafes, 24 parks and playgrounds, 2 pharmacies, 23 transit stops.

mihom score from OpenStreetMap places, by straight line distance.