James Bay, Victoria · MLS® 1051570
221
1,454 sq ft · Condo · Single Family · built 1980 · 21 days on market
listed by Thomas Kala, eXp Realty
Set on the seventh floor of Laurel Point, this 1,454 sq ft corner home offers two bedrooms, two bathrooms, and views over Victoria’s Inner Harbour, the city skyline, and the hills beyond. The living and dining area is large, bright, and open, with plenty of room for both everyday living and entertaining. The primary bedroom is a proper retreat, with a walk-in closet and a four-piece ensuite. The second bedroom shares the same western exposure and views. A second four-piece bathroom and in-suite laundry round out the home. Step out to the private balcony and the harbour is right there, the kind of view that made you fall in love with Victoria in the first place. Add a social lounge, fitness room, workshop, secured underground parking, and storage locker, and very little is left to ask for. Outside, the James Bay neighbourhood delivers. The harbour walkway and Laurel Point Park are steps from your door, with Fisherman’s Wharf and downtown Victoria within easy reach.
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $4,225 · tax $477 · strata $1,090 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in James Bay, Victoria: CMHC's average there ($2,063) 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
900 m away · 508 Douglas St, Victoria · 250-382-5234
2.1 km away · 1280 Fort St, Victoria · 250-386-3591
2.3 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 | $1,012,000 | $5,724 |
| 2025 | $1,197,000 | $6,228 |
Estimated tax down 8.1% from 2025 to 2026.
The listing shows $5,726 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 7 storey building
370 m away · 2023 · under review · 475 Kingston Street
The City is considering a Rezoning Application to add multiple dwelling residential uses to facilitate the development of an approximately seven-storey, multiple dwelling building. Concurrent with DP000625.
120 m away · 2021 · under review · 205 Quebec Street, 507 Montreal Street, and 210-224 Kingston Street
The City is considering a Rezoning application to a site-specific zone for a new development which includes commercial and residential uses. Concurrent with DPV00191.
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: 2,058 m² (22,152 sq ft) · PID 003-488-098. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 88/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 47 places to eat or drink, 9 cafes, 16 parks and playgrounds, 1 school, 31 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
This address is inside the Inner Harbour 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.