Burnside, Victoria · MLS® 1052823
111
646 sq ft · Condo · Single Family · built 1978 · 6 days on market
listed by Eric Smith, Coldwell Banker Oceanside Real Estate
Open house · Saturday, October 31, 12pm–1:30pm
OPEN HOUSE - Sat Oct 31st - 12-1:30pm & Sunday Nov 1st 11am-12:30pm - Top of the World Living! Welcome to this top-floor Penthouse unit at Treelane Estates, offering breathtaking, unobstructed southern views of the Gorge Waterway, the majestic Olympic Mountains, the iconic Selkirk Trestle Bridge, and Downtown Victoria. Enjoy bright, sun-drenched living with stunning southern exposure from every angle. This move-in ready 1-bedroom, 1-bathroom home features a tastefully updated kitchen complete with a dining bar, sleek stainless steel appliances, and a stylish ceramic tile backsplash. The updated bathroom boasts a modern vessel sink, creating a spa-like feel. Step out onto your private balcony to take in the unmatched panoramic scenery—the perfect spot for morning coffee or evening relaxation. Set within a secure, quiet, gated steel and concrete building, Treelane Estates provides peace of mind alongside exceptional resort-style amenities. Take advantage of the workshop, games room, guest room for visitors, and dedicated bike, motorcycle and kayak storage. A true standout feature is the penthouse-level Malahat Room on the top floor—featuring two massive outdoor balcony areas, cozy lounge seating, and incredible vistas, it is ideal for hosting parties or relaxing with a good book. Complete with one assigned parking space and a separate storage locker, this penthouse offers an ideal blend of luxury, location, and panoramic natural beauty. Don't miss out on this exceptional condo!
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,521 · tax $207 · strata $418 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 1-bedroom in Victoria: CMHC's average there ($1,644) 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
1.3 km away · 3155 Albina St, Victoria · 250-386-1408
2.1 km away · 505 Dumeresq St, Victoria · 250-479-1678
2.8 km away · 957 Burnside Rd W, Victoria · 250-479-8271
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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Development permit for 325 homes
100 m away · 2026 · on hold · 135 Gorge Road East - PH2
The City is reviewing a Delegated Development Permit application for Phase 2 - replacing the existing 141 rental homes in three separate building with approximately 325 new rental units in four separate buildings. <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. T
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: 12,386 m² (133,322 sq ft) · PID 000-722-227. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 72/100 · Walkable: many errands on foot
Within a 10 minute walk: 7 places to eat or drink, 2 cafes, 15 parks and playgrounds, 1 school, 15 transit stops.
mihom score from OpenStreetMap places, by straight line distance.