Property Type: Condo / ApartmentOwnership: Strata

112 290 Island Hwy

View Royal, BC V9B1G5

$398,900

2 bed2 bath1 parking882 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
948 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$472/mo
Annual property tax
$1,633.59

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
BalconyMain level9'3 x 8'10
Laundry roomMain level10'5 x 9'6
EnsuiteMain level4-Piece
BathroomMain level3-Piece
BedroomMain level8'10 x 8'5
Primary BedroomMain level10'5 x 13'2
Living roomMain level12'1 x 9'6
Dining roomMain level12'1 x 5'11
KitchenMain level10'8 x 8'8

Listing Information

MLS®
1041189
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Welcome to Lion’s Cove, a well-maintained 55+ building ideally located in View Royal. This bright and inviting 2 BR, 2 BA suite offers approximately 880 sqft of comfortable living space, with a private balcony overlooking a wooded path. Elevated above ground level, the layout is thoughtfully designed and featuring a spacious primary bedroom with ensuite and ample closet space, a versatile second bedroom, and a large in-suite laundry room with additional storage. The kitchen and bathrooms have seen tasteful recent updates, and the electric fireplace adds a cozy and welcoming feel. Additional features include one parking stall, a storage locker conveniently located on the same floor, pet-friendly living, new roof, and more. Residents of Lion’s Cove enjoy access to a variety of shared amenities, including a welcoming dining and meeting area with kitchen, a cozy library nook, guest suite for visiting friends and family, common workshop, and a lovely outdoor patio. Don't miss this wonderful opportunity to enjoy a peaceful, community-oriented lifestyle just minutes from the ocean, walking trails, and all the conveniences that View Royal Offers. (id:63159)

Values & Trends

This listing

$452/sqft

Building average

No other active listings in this building

Lion's Cove average

No comparable active listings

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

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

11,575

(2021 Census)

+11.2% since 2016

Density: 807.7/km²

Dwellings: 5,175

Median household income: $98,000

After-tax: $86,000

Immigrant population: 18.4%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 400
  • India2.5% · 290
  • Philippines1.3% · 145
  • United States of America1% · 120
  • China1% · 115
  • Germany0.6% · 65
  • Pakistan0.5% · 55
  • Hong Kong0.4% · 45

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 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
View Royal ElementaryElementary269 m
Shoreline Community Middle SchoolMiddle922 m
Eagle View ElementaryElementary1.2 km
Craigflower ElementaryElementary1.4 km
Ecole Marigold SchoolElementary2.5 km
Spectrum CommunitySecondary2.5 km
St Joseph's Catholic(Independent)Elementary2.7 km
John Stubbs MiddleElementary2.8 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 (1)

  • 4 Mile Restaurant · 199 Island Highway560 m

Parks (5+)

  • Heddle Park · 325 Island Highway388 m
  • Newstead Park · 252 Heddle Avenue450 m
  • Caton Lane Park · 21 Caton Place553 m
  • View Royal Park · 1300 Pheasant Lane558 m
  • Glenairlie Park · 285 Glenairlie Drive589 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,945) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,120.00
Periodic payment — Principal & Interest (monthly)$2,058.85
Additional monthly expenses (strata, tax, utilities, etc.)$652.13
Total monthly cost$2,710.99
Interest paid over 5-yr term$91,460.71
Balance at end of term$287,049.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,945
Stress test qualifying rate8.09%
Payment you must qualify for$2,914.03

Cash Needed at Closing

Minimum down payment$19,945
Estimated BC PTT$5,978
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,423

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.

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