Property Type: Condo / ApartmentOwnership: Strata

101 629 Speed Ave

Victoria, BC V8Z1A5

$474,900

1 bed1 bath1 parking576 sqftBuilt 2023
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,009 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$310/mo
Annual property tax
$2,354.25

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view, Mountain view

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
PatioMain level
Dining roomMain level
Living roomMain level
KitchenMain level
Primary BedroomMain level
BathroomMain level4-Piece

Listing Information

MLS®
1038969
Listed
June 2, 2026
Time on market
On the market for 90 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.

Description

Welcome to Unit 101 at 629 Speed Avenue. Built in 2023, this ground-floor corner unit offers a rare combination of modern design, functional space, and unbeatable convenience. Soaring 10-foot ceilings and oversized windows create a bright, open feel throughout. The well-designed layout features a stylish kitchen with quartz countertops, warm wood cabinetry, stainless steel appliances, and an open-concept living area that flows directly to your private 450+ sq ft patio—larger than many detached home yards and perfect for entertaining, pets, or relaxing outdoors. Additional highlights include custom built-in closet organizers, in-suite laundry, and assigned parking. Pet and rental friendly. Centrally located just steps from Mayfair Mall, transit, restaurants, and everyday amenities, this is an excellent opportunity for first-time buyers, downsizers, or investors looking for a like-new home in a highly walkable location. Offered at $474,900. (id:63159)

Values & Trends

This listing

$824/sqft

Building average

$718/sqft

5 active listing(s)

Burnside average

$641/sqft

15 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

70

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
SJ Burnside Education CentreSecondary312 m
Selkirk Montessori School(Independent)Elementary/Middle695 m
Ecole Quadra ElementaryElementary957 m
Cloverdale Traditional ElementaryElementary1.4 km
Tillicum Community SchoolElementary1.6 km
Victoria West ElementaryElementary1.7 km
Oak and Orca Bioregional School(Independent)K-121.8 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (5+)

  • The Ruby118 m
  • Namaste Indian Cuisine374 m
  • Red Robin · 800 Tolmie Avenue426 m
  • Ramen Arashi440 m
  • Lot 1 Pasta Bar501 m

Cafes (5+)

  • Starbucks · 3180 Douglas Street120 m
  • Starbucks243 m
  • Tim Hortons285 m
  • Starbucks365 m
  • Tim Hortons461 m

Grocery (3)

  • Duaa Supermarket373 m
  • Lifestyle Markets Health Foods · 2950 Douglas Street375 m
  • H Mart401 m

Parks (5+)

  • Jutland Green · 505 Burnside Road East243 m
  • Cecelia Ravine Dog Park293 m
  • Sumas Park · 530 Sumas Street309 m
  • Cecelia Ravine Park · 475 Burnside Road East425 m
  • Mayfair Green471 m

Shopping (2)

  • Mayfair Shopping Centre · 3147 Douglas Street267 m
  • Unnamed563 m

Gyms (2)

  • Park's MBA Tae-Kwon-Do381 m
  • VBC Fitness391 m

Pharmacies (1)

  • Rexall364 m

Banks & ATMs (5+)

  • Island Savings · 3195 Douglas Street196 m
  • Vancity265 m
  • CIBC351 m
  • Khalsa Credit Union · 3318 Oak Street557 m
  • Scotiabank716 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$379,920.00
Periodic payment — Principal & Interest (monthly)$2,451.11
Additional monthly expenses (strata, tax, utilities, etc.)$535.19
Total monthly cost$2,986.30
Interest paid over 5-yr term$108,886.16
Balance at end of term$341,739.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,745
Stress test qualifying rate8.09%
Payment you must qualify for$3,469.22

Cash Needed at Closing

Minimum down payment$23,745
Estimated BC PTT$7,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,743

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information