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526 205 Kimta Rd
homes for sale · Victoria · Songhees
526 205 Kimta Rd — photo 1 of 40
1 / 40
$999,900

526 205 Kimta Rd

Songhees, Victoria · MLS® 1052972

221

1,367 sq ft · Condo · Single Family · built 1990 · 7 days on market

listed by Jessica Salter, Alexandrite Real Estate Ltd.

realtor's description

Stunning ocean views take centre stage in this grand, fifth floor Songhees condo! 9 foot ceilings and a wall of windows fill the spacious living areas with natural light, framing beautiful water, mountain and sunset views from the living room, kitchen and the open office area or breakfast nook. Step onto your private deck to take in the waterfront setting, with the Songhees Walkway just below. Enjoy oceanfront strolls into downtown or to neighbourhood favourites like Boom + Batten and Spinnakers, with groceries and conveniences within walking distance. The generous layout offers excellent separation between bedrooms, a primary suite with walk in closet and ensuite, and a separate dining room for entertaining. Lovingly maintained, with in suite laundry and building amenities including a guest suite, workshop, bike and kayak storage. A spectacular waterfront lifestyle, close to downtown yet pleasantly removed from the bustle. Book your viewing today!

similar homes nearby

all units at 205 Kimta Rd →

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,367 sq ft
parking
1
year built
1990
property tax
$5,519 / yr
strata fee
$680 / mo ($0.50 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
7
MLS®
1052972

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

features

  • Curb & gutter
  • Family Oriented
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Dishwasher

monthly cost

$5,541/mo
Mortgage $4,401 · Tax $460 · Strata $680

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

estimated payment
$4,401/ monthly
loan $799,920
25-year amortization
total interest
$520,289
property transfer tax
$17,998
BC general rate
cash to close
$217,978
down + PTT
total paid
$1,320,209
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
−$3,110/mo
cap rate
1.5%
yearly net rent ÷ price

Costs: mortgage $4,401 · tax $460 · strata $680 · 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

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

  • Middle Rockheights Middlehomes in this catchment

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

  • Secondary Esquimalt Highhomes in this catchment

    1.5 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
Jessica Salter
Alexandrite Real Estate Ltd.
contact the listing agent
Powered by: REALTOR.ca
▶ virtual tour

location

Songhees, VictoriaGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$975,000$5,515
2025$923,000$4,803

Estimated tax up 14.8% from 2025 to 2026.

The listing shows $5,519 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

    200 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

    250 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.

  • Rezoning

    280 m away · 2007 · under review · Rail Corridor

    CITY INITIATED REZONING.

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 7 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.

702 83 Saghalie Rd, Victoria
Condo
$1,099,000
702 83 Saghalie Rd
Songhees, Victoria86 days on market
listed by Sutton Group West Coast Realty
2211,197 sq ft
MLS® 1045173
1404 83 Saghalie Rd, Victoria
Condo
$949,900
1404 83 Saghalie Rd
Songhees, Victoria85 days on market
listed by Engel & Volkers Vancouver Island
22
104 68 Songhees Rd, Victoria
Condo
$849,000
104 68 Songhees Rd
Songhees, Victoria9 days on market
listed by RE/MAX Camosun
12
203 11 Cooperage Pl, Victoria
Condo
$799,900
203 11 Cooperage Pl
Songhees, Victoria14 days on market
listed by Sotheby's International Realty Canada
22
905 100 Saghalie Rd, Victoria
Condo
$1,075,000
905 100 Saghalie Rd
Songhees, Victoria17 days on market
listed by The Agency
11
206 68 Songhees Rd, Victoria
Condo
$1,250,000
206 68 Songhees Rd
Songhees, Victoria22 days on market
listed by RE/MAX Camosun
33
2
1,077 sq ft
MLS® 1045223
1
843 sq ft
MLS® 1052559
1
1,207 sq ft
MLS® 1052278
1
889 sq ft
MLS® 1052078
1
1,278 sq ft
MLS® 1051755

location

the building's lot: 6,601 m² (71,053 sq ft) · PID 016-828-887. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Songhees, VictoriaGoogle Maps ↗
Drive times
  • Victoria West Elementary2 min
  • Downtown Victoria4 min
  • Heritage Community College5 min
  • Victoria High8 min
  • Royal Jubilee Hospital11 min
  • YYJ airport32 min
82

Walkability 82/100 · Very walkable: most errands on foot

Within a 10 minute walk: 2 grocery stores, 12 places to eat or drink, 2 cafes, 22 parks and playgrounds, 2 pharmacies, 23 transit stops.

mihom score from OpenStreetMap places, by straight line distance.