Downtown, Victoria · MLS® 1051380
32
1,556 sq ft · Condo · Single Family · built 1901 · 23 days on market
listed by Johnny Olarte, RE/MAX Camosun
A truly unique offering. New York loft style 2 level heritage penthouse tucked away in the heart of Victoria's downtown core. Original heritage details blend seamlessly with modern finishes. Dramatic 16-foot ceilings, exposed brick walls, oversized cathedral windows, rooftop access, and a private deck offering a quiet retreat. Natural light pours in throughout. With nearly 1600 square feet of living space, this 3 bedroom loft spans the top two floors of this chic urban oasis. Beautifully presented with a modernized kitchen, ductless heat pumps, plenty of storage, and a striking ensuite bath. Fully updated and move-in ready. Step outside to shopping, cafes, entertainment, theatres, Chinatown and Market Square, with Victoria's scenic Inner Harbour just down the street. A rare find in an understated, iconic downtown building, in a location that can't be beat for those seeking spacious, stylish living straight out of the pages of a lifestyle magazine.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $4,291 · tax $428 · strata $892 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Fort St., Victoria: CMHC's average there ($1,868) 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
1.3 km away · 1118 Princess Ave, Victoria · 250-385-3381
1.5 km away · 1280 Fort St, Victoria · 250-386-3591
1.5 km 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 | $907,000 | $5,130 |
| 2025 | $910,000 | $4,735 |
Estimated tax up 8.3% from 2025 to 2026.
The listing shows $5,134 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 6 storey building
350 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 for a 2 storey building
300 m away · 2024 · under review · 1244 to 1252 Wharf Street
The City is considering a Rezoning application to increase density in conjunction with a Heritage Alteration Permit with Variances application for a two storey addition to an existing building. Concurrent with Heritage Alteration Permit with Variance Application No. 00036.
30 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.
360 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 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.
the building's lot: 335 m² (3,606 sq ft) · PID 024-815-659. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 100/100 · Very walkable: most errands on foot
Within a 10 minute walk: 5 grocery stores, 221 places to eat or drink, 46 cafes, 9 parks and playgrounds, 4 schools, 4 pharmacies, 42 transit stops.
mihom score from OpenStreetMap places, by straight line distance.