Property Type: Detached HouseOwnership: Freehold

1321 Finlayson St

Victoria, BC V8T2V5

$899,000

4 bed2 bath2 parking1,901 sqftBuilt 1915
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Property Details

Property & Lot

Sub-type
House
Lot size
3,828 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,283.97

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
2 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
PatioOther26'5 x 25'9
StorageOther37'3 x 8'0
StorageOther8'1 x 11'0
StorageLower level8'9 x 17'7
BedroomLower level8'8 x 10'4
Laundry roomLower level7'8 x 6'0
KitchenLower level8'9 x 12'6
BathroomLower level4-Piece
BedroomLower level12'9 x 10'3
Dining roomLower level10'1 x 9'6
Living roomLower level10'1 x 9'6
EntranceLower level5'0 x 5'0
Dining roomMain level9'0 x 10'8
KitchenMain level10'4 x 10'8
BedroomMain level11'0 x 10'3
EnsuiteMain level4-Piece
Primary BedroomMain level13'0 x 9'6
Living roomMain level26'8 x 11'5
EntranceMain level5'1 x 4'0

Listing Information

MLS®
1043368
Listed
July 15, 2026
Time on market
On the market for 47 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

This well-maintained 4-bed, 2-bath home with a new roof offers flexibility & strong income potential in a prime location. Just minutes from Mayfair Mall, Hillside Mall & essential amenities. Situated on a nearly 4,000 sqft lot, the 1,958 sqft home features 2 self-contained 2-bed suites, ideal for multigenerational living, rental income, or future development. Upstairs offers a bright living & dining area, a spacious eat-in kitchen & 2 good-sized bedrooms. Step out to the back deck for easy access to the yard, perfect for entertaining or relaxing outdoors. Downstairs includes a separate 2-bed suite with kitchen, bright living space & full bath with tub/shower combo. Recent updates include refreshed landscaping, updated fencing & a newly finished back patio. With 2 off-street parking spaces & current month-to-month tenancies generating $5,200/month (tenants open to vacating), this property offers excellent flexibility for investors or owner-occupiers. (id:63159)

Values & Trends

This listing

$473/sqft

Building average

No other active listings in this building

Mayfair average

$608/sqft

3 active listing(s)

Parking: 2 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

19

3/9 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
Oak and Orca Bioregional School(Independent)K-12632 m
Ecole Quadra ElementaryElementary639 m
VI School of Innovation and Inquiry(Independent)Elementary/Middle858 m
Cloverdale Traditional ElementaryElementary867 m
Victoria School for Ideal Education(Independent)Elementary/Middle1.2 km
Oaklands ElementaryElementary1.2 km
Doncaster ElementaryElementary1.5 km
George Jay ElementaryElementary1.6 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 (2)

  • Sarpino's Pizzeria · 3009 Gosworth Road553 m
  • Shushi Ru · 3189 Quadra Street722 m

Parks (5+)

  • Highview Park · 1301 Merritt Street94 m
  • Summit Park · 3025 Blackwood Street204 m
  • Smith Hill Reservoir266 m
  • Highview Street Park · 1301 Tolmie Avenue293 m
  • Maplewood Green312 m

Gyms (1)

  • Zenith Studio · 1273 Holloway Street696 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$452.00
Total monthly cost$5,092.03
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

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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