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G111 369 Tyee Rd
homes for sale · Victoria · Victoria West
G111 369 Tyee Rd — photo 1 of 20
1 / 20
$1,059,000

G111 369 Tyee Rd

Victoria West, Victoria · MLS® 1053170

all units at 369 Tyee Rd →

221

1,191 sq ft · Condo · Single Family · built 2023 · 1 day on market

listed by Joanne Brodersen, RE/MAX Camosun

realtor's description

Welcome to G111 at 369 Tyee Road, where modern sophistication meets urban convenience in the heart of vibrant Vic West! This end unit offers over 1,100 sq.ft. of thoughtfully designed living space, with 2-bedrooms, 2-bathrooms and a versatile den combining contemporary style with comfort and functionality. Open-concept layout features expansive floor-to-ceiling windows that bath the home with natural light. The beautifully appointed kitchen with elegant Italian cabinetry, stainless steel appliances, quartz countertops, and a generous breakfast bar, perfect for everyday living and entertaining. The spacious primary suite offers a peaceful retreat with ample closet space and a stylish ensuite, while the second bedroom provides flexibility for guests or family. A bonus den offers the perfect space for a home office, hobby room, or additional storage. Extend your living outdoors to the expansive private patio, perfect for relaxing, entertaining, or enjoying the outdoors. Secure underground parking, a separate storage locker, and fantastic building amenities, including secure bike storage, rooftop patios with BBQ areas, a fitness centre, and residents' lounge. Ideally situated in one of Victoria's most desirable waterfront communities, you're just steps from the scenic Songhees Walkway, local cafés, restaurants, and the vibrant downtown core. Experience the perfect blend of space, style, and an unbeatable urban lifestyle!

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,191 sq ft
parking
1
year built
2023
property tax
$5,962 / yr
strata fee
$795 / mo ($0.67 / sq ft)
strata rules
Pets Allowed
listed by
Joanne Brodersen
RE/MAX Camosun
contact the listing agent
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similar homes nearby

days on market
1
MLS®
1053170

features

  • Central location
  • Park setting
  • Corner Site
  • See remarks
  • Other
  • Marine Oriented

monthly cost

$5,953/mo
Mortgage $4,661 · Tax $497 · Strata $795

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

estimated payment
$4,661/ monthly
loan $847,200
25-year amortization
total interest
$551,042
property transfer tax
$19,180
BC general rate
cash to close
$230,980
down + PTT
total paid
$1,398,242
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
−$3,522/mo
cap rate
1.3%
yearly net rent ÷ price

Costs: mortgage $4,661 · tax $497 · strata $795 · 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

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

  • Middle Rockheights Middlehomes in this catchment

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

  • Secondary Esquimalt Highhomes in this catchment

    1.7 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.

location

Victoria West, VictoriaGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$1,054,000$5,961
2025$1,122,000$5,838

Estimated tax up 2.1% from 2025 to 2026.

The listing shows $5,962 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

    300 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 5 storey building

    270 m away · 2025 · under review · 202 Harbour Road

    The City is considering a Rezoning application to facilitate the creation of a five-storey building with a vehicle sales centre, vehicle service centre, cafe, and offices. <br>Concurrent with DPV00314.

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 1 day

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.

7 407 William St, Victoria
Condo
$749,900
7 407 William St
Victoria West, Victoria65 days on market
listed by Coldwell Banker Oceanside Real Estate
1111,133 sq ft
MLS® 1047812
1110 Reno St, Victoria
open houseHouse
$979,000
1110 Reno St
Victoria West, Victoria49 days on market
listed by Sotheby's International Realty Canada
22
5 1035 Russell St, Victoria
Townhouse
$925,000
25% under assessed
5 1035 Russell St
Victoria West, Victoria196 days on market
listed by Rennie & Associates Realty Ltd.
24
2 1035 Russell St, Victoria
Townhouse
$875,000
29% under assessed
2 1035 Russell St
Victoria West, Victoria196 days on market
listed by Rennie & Associates Realty Ltd.
23
201 369 Tyee Rd, Victoria
Condo
$1,024,000
201 369 Tyee Rd
Victoria West, Victoria115 days on market
listed by RE/MAX Camosun
22
920 Mary St, Victoria
House
$1,079,888
920 Mary St
Victoria West, Victoria7 days on market
listed by eXp Realty
433
1
1,097 sq ft
MLS® 1049086
1
1,294 sq ft
MLS® 1032608
1
1,150 sq ft
MLS® 1032334
2
1,100 sq ft
MLS® 1042471
1,761 sq ft
MLS® 1052633

location

the building's lot: 6,882 m² (74,077 sq ft) · PID 032-047-223. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Victoria West, VictoriaGoogle Maps ↗
Drive times
  • Victoria West Elementary2 min
  • Downtown Victoria3 min
  • Heritage Community College4 min
  • Victoria High7 min
  • Royal Jubilee Hospital10 min
  • YYJ airport31 min
91

Walkability 91/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 28 places to eat or drink, 3 cafes, 24 parks and playgrounds, 2 pharmacies, 27 transit stops.

mihom score from OpenStreetMap places, by straight line distance.