PH1204 1100 Yates St

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

rent

$2,190/mo

after all costs

−$6,979/mo

cap rate

0.4%

yearly net rent ÷ price

Costs: mortgage $7,478 · tax $653 · strata $828 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Fort St., Victoria: CMHC's average there ($1,868) 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

• Elementary Sir James Douglas Elementaryhomes in this catchment

  1.2 km away · 401 Moss St, Victoria · 250-382-7788

• Middle Central Middlehomes in this catchment

  400 m away · 1280 Fort St, Victoria · 250-386-3591

• Secondary Victoria Highhomes in this catchment

  700 m 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.