Downtown, Victoria · MLS® 1051737
11
932 sq ft · Condo · Single Family · built 2006 · 19 days on market
listed by Cody Vorra, Newport Realty Ltd.
''The Wave'' has some of the best units with their open concept and brilliant use of space whilst welcoming an abundance of SOUTHERN EXPOSURE sunlight throughout the day. One Large bedroom with walk through double closets and a cheater ensuite; one large bathroom and a DEN large enough for an OFFICE or SECONDARY BEDROOM, large open concept kitchen with plenty of cabinet space and a separate dining area. Thoughtful upgrades include electric blinds, Updated patio planks, and dining lighting. Located in the heart of DOWNTOWN, The Wave offers an exceptional 99 Walking and Biking Score, putting virtually everything you need just minutes from your doorstep. Walk or bike to coffee shops, restaurants, shopping, gyms, grocery stores, barbers, and countless other amenities. The Wave is a well-managed building with a healthy strata, an upgraded gym conveniently located on the first floor, and separate storage.
found among the listing photos.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,328 · tax $282 · strata $563 · 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.
Catchment schools, Greater Victoria School District 61
1000 m away · 508 Douglas St, Victoria · 250-382-5234
1000 m away · 1280 Fort St, Victoria · 250-386-3591
1.1 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 | $598,800 | $3,387 |
| 2025 | $610,500 | $3,177 |
Estimated tax up 6.6% from 2025 to 2026.
The listing shows $3,388 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.
200 m away · 2025 · under review · 829-899 Fort Street & 846-856 Broughton Street
The City is considering a Rezoning application for a development consisting of three mixed- use towers with residential above commercial uses. CONCURRENT WITH DPV00297 APPLICATION. REFER TO REZONING FILE FOR APPLICATION MATERIALS.
Rezoning for a 20 storey building
260 m away · 2023 · under review · 854, 858 & 880 Pandora Avenue
The City is considering a Rezoning application to construct a 20-storey mixed-use building. Concurrent with Development Permit application No. 000630.
380 m away · 2025 · under review · 1625 Quadra Street
The City is considering a Rezoning application to allow for Cannabis Retail.
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 Business 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: 2,014 m² (21,678 sq ft) · PID 027-225-739. 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: 6 grocery stores, 188 places to eat or drink, 44 cafes, 11 parks and playgrounds, 5 schools, 7 pharmacies, 53 transit stops.
mihom score from OpenStreetMap places, by straight line distance.