Property Type: Condo / ApartmentOwnership: Strata

203 1116 Queens Ave

Victoria, BC V8T1M9

$419,000

2 bed2 bath1 parking951 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
974 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$500/mo
Annual property tax
$2,426.05

Interior

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

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
Living roomSecond level
Dining roomSecond level
BedroomSecond level
Primary BedroomSecond level
BathroomSecond level
BathroomSecond level
OtherSecond level
KitchenSecond level
BalconySecond level

Listing Information

MLS®
1046816
Listed
August 13, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation - The Neal Estate Group · Data source: CREA DDF.

Description

''Exceptional Value in the Heart of Victoria! Welcome to Villa Lisa, where comfort, convenience, and affordability come together. This bright and spacious 2-bedroom, 2-bathroom home offers nearly 1,000 sq ft of well-designed living space in a quiet, pet and family-friendly building just minutes from downtown Victoria. Enjoy an unbeatable location within walking distance of popular local favourites including Part & Parcel, Chicken 649, Fern Cafe & Bakery, Jones BBQ, and Alysa's Pho & Banh Mi. Groceries, schools, parks, playgrounds, and Crystal Pool & Fitness Centre are all nearby, making everyday living effortless. Inside, you'll find two generously sized bedrooms with ample closet space, plus a large in-suite storage room measuring approximately 8' x 3'6''. The well-managed 12-unit strata offers low monthly fees that include water, along with parking and shared laundry on every floor featuring newer machines installed in 2021. Whether you're a first-time buyer, investor, or simply looking for an affordable home close to everything Victoria has to offer, this is an outstanding opportunity. Move in, relax, and enjoy the best of city living with your favourite destinations just a short stroll away.'' (id:63159)

Values & Trends

This listing

$441/sqft

Building average

No other active listings in this building

Central Park average

$549/sqft

5 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

37

6/9 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
George Jay ElementaryElementary106 m
Victoria HighElementary566 m
VI School of Innovation and Inquiry(Independent)Elementary/Middle650 m
Oak and Orca Bioregional School(Independent)K-12896 m
Victor SchoolK-121.0 km
Central Middle SchoolElementary1.1 km
Victoria School for Ideal Education(Independent)Elementary/Middle1.2 km
Oaklands ElementaryElementary1.3 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+)

  • Haultain Fish & Chips · 1127 Haultain Street280 m
  • Chicken 649 · 2224 Quadra Street511 m
  • MoMo Sushi · 1921 Quadra Street570 m
  • Fernwood Pizza Company585 m
  • Stage · 1307 Gladstone Avenue625 m

Cafes (5+)

  • The Parsonage Cafe · 1105 Caledonia Avenue390 m
  • WAIRUA · 1040 North Park Street485 m
  • Fern Cafe and Bakery · 1-1115 North Park Street488 m
  • North Perk Cafe520 m
  • Little June · 1301 Gladstone Avenue614 m

Grocery (5+)

  • Fernwood General Store · 1308 Gladstone Avenue625 m
  • Fairway Market · 2635 Quadra Street661 m
  • Halal Urban Fresh Meats · 2618 Quadra Street723 m
  • Daily Fresh · 1627 Quadra Street757 m
  • Save-On-Foods · 1010 Pandora Avenue761 m

Parks (5+)

  • Queens Park · 1160 Queens Avenue117 m
  • Wesley Park · 2518 Wesley Place218 m
  • Blackwood Park · 2550 Cook Street265 m
  • Royal Athletic Park · 1014 Caledonia Avenue343 m
  • Blackwood Park · 2550 Cook Street344 m

Pharmacies (1)

  • Quadra Village Drug Mart · 2631 Quadra Street735 m

Banks & ATMs (1)

  • CIBC729 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($20,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$335,200.00
Periodic payment — Principal & Interest (monthly)$2,162.60
Additional monthly expenses (strata, tax, utilities, etc.)$750.17
Total monthly cost$2,912.77
Interest paid over 5-yr term$96,069.28
Balance at end of term$301,513.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,060.87

Cash Needed at Closing

Minimum down payment$20,950
Estimated BC PTT$6,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,830

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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