Jubilee, Victoria · MLS® 1053320
221
933 sq ft · Condo · Single Family · built 1982 · 1 day on market
listed by Brad Hall, RE/MAX Camosun
Follow your dream home! Exceptional opportunity to own in a steel & concrete building in the sought-after Jubilee neighbourhood on the Oak Bay border. This bright 2 bed, 2 bath residence features a south-facing balcony on the quiet side of the building, modern décor, and an updated kitchen—move in and enjoy. Secure underground parking, bike storage, and a separate storage locker included. Pro-active strata with full-time on-site manager; strata fee includes heat and hot water. Rentals allowed with no age restrictions. Ideally located steps to shops, cafes, parks, Oak Bay Rec, Jubilee Hospital, and all amenities, plus conveniently situated on a major bus route. Excellent value in today’s market! Unit is Vacant and Ready for quick possession.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $1,934 · tax $227 · strata $501 · 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 · 1623 Bank St, Victoria · 250-598-5012
1.7 km away · 851 Monterey Ave, Victoria · 250-598-4589
1000 m 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.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $481,000 | $2,720 |
| 2025 | $489,600 | $2,548 |
Estimated tax up 6.8% from 2025 to 2026.
The listing shows $2,723 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 5 storey building
290 m away · 2019 · on hold · 1906 and 1912 Duchess Street
The City is considering a Rezoning Application to increase the site's density to allow for the development of an approximate five-storey, multiple-dwelling, residential building.
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: 4,405 m² (47,415 sq ft) · PID 000-786-411. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 91/100 · Very walkable: most errands on foot
Within a 10 minute walk: 2 grocery stores, 15 places to eat or drink, 6 cafes, 22 parks and playgrounds, 1 school, 3 pharmacies, 36 transit stops.
mihom score from OpenStreetMap places, by straight line distance.