Property Type: TownhouseOwnership: Strata

204 588 Pandora Ave

Victoria, BC V8W1N7

$650,000

2 bed2 bath1,093 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
7,200 square feet
Zoning
Residential/Commercial

OTD-1 Old Town District-1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$305/mo
Annual property tax
$3,482

Interior

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

Exterior & Lot

View
City view

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
BalconyMain level4'7
BathroomSecond level
BedroomSecond level9'3
BedroomSecond level
Living roomMain level11'5
KitchenMain level
BathroomMain level
PatioMain level8'5 x 8'10
Dining roomMain level12'8
EntranceLower level8'8 x 7'9

Listing Information

MLS®
1022345
Listed
January 2, 2026
Time on market
On the market for 241 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Trendy loft style living, great downtown location. The “Kinemacolour” registered heritage building offers unique work/live spaces, where you can legally operate your business out of your home. Located across from McPherson theatre, and close to the entrance of Canada’s historic first china town. PARKING SPOT AVAILABLE NEARBY, gated parking lot, only $231 per month. Unit 204: Currently tenanted. Photos shown are from a similar unit; the layout is comparable, though heritage elements and dimensions vary. These homes must be seen in person to fully appreciate everything they offer. Contact the listing agent for additional details and to arrange a showing (24 hours’ notice required). This three-level townhome features two open-concept bedrooms and two enclosed bathrooms (one 3-piece and one 2-piece). A gated alleyway provides secure private entrances for the nine residential units. The entrance to Unit 204 leads up to the dining/office area and a private west-facing balcony overlooking the alley. Continue through the main level to the open-concept kitchen and living area, showcasing original exposed brick and a large window/door opening to a second balcony overlooking Government Street. Large skylights flood the home with natural light, highlighting the tastefully incorporated heritage character throughout. Up the main staircase, you’ll find a landing with the main bathroom. Continuing past the landing leads to the primary bedroom. A second staircase on the opposite side leads to the upper/secondary bedroom, which overlooks the living space and features impressive ceiling heights up to approximately 20 ft. In unit stacked laundry, and lots of storage. Additional storage locker provided, low strata fees (305.14) All Measurements are approximate. Buyer to verify all info deemed necessary. Photos have been virtually staged. Kelvin Doore Engel & Völkers Vancouver Island Phone: (778) 433-8885 Email: kelvin.doore@evrealestate.com (id:63159)

Values & Trends

This listing

$595/sqft

Building average

$618/sqft

1 active listing(s)

Downtown average

$674/sqft

4 active listing(s)

Parking: Not indicatedStorage 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

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

78

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
Pacific School of Innovation and Inquiry(Independent)Secondary653 m
Christ Church Cathedral School(Independent)Elementary/Middle972 m
South Park Family SchoolElementary1.2 km
George Jay ElementaryElementary1.3 km
Victoria HighElementary1.5 km
Central Middle SchoolElementary1.6 km
Selkirk Montessori School(Independent)Elementary/Middle1.6 km
James Bay CommunityElementary1.6 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 (5+)

  • Varsha Indian Kitchen · 1600 Government Street2 m
  • Dumpling Drop · 556 Pandora Avenue20 m
  • Momi Noodle · 554 Pandora Avenue24 m
  • Matadora Taperia · 559 Fisgard Street67 m
  • The Fan Tan Café · 549 Fisgard Street75 m

Cafes (5+)

  • Habit Coffee · 552 Pandora Avenue28 m
  • Just Matcha · 544 Pandora Avenue49 m
  • Starbucks · 1689 Government Street79 m
  • Shanzee's Biscuit Café · 529 Pandora Avenue89 m
  • QV Cafe · 1701 Government Street101 m

Grocery (5+)

  • Mexican House of Spice · 1412 Douglas Street217 m
  • Zero Waste Emporium · 1728 Douglas Street239 m
  • No Frills · 770 Fisgard Street271 m
  • Bulk Barn · 706 Yates Street333 m
  • Daily Fresh · 1627 Quadra Street639 m

Parks (5+)

  • Pandora Green61 m
  • Triangle Green222 m
  • Bridgehead Green244 m
  • Reeson Park · 1300 Wharf Street312 m
  • Fort Victoria481 m

Shopping (5+)

  • Camöflage109 m
  • Sabayons · 1101 Government Street381 m
  • The Bay Centre395 m
  • The Bay Centre · 1150 Douglas Street395 m
  • Winners · 1150 Douglas Street397 m

Gyms (5+)

  • Spinco · 524 Pandora Avenue119 m
  • Limitless Training · 582 Johnson Street120 m
  • Lagree West228 m
  • Spinco · 745 Cormorant Street306 m
  • Studio 4 Athletics · 715 Yates Street376 m

Pharmacies (4)

  • Shoppers Drug Mart · 1212 Douglas Street361 m
  • I.D.A. Cridge Family · 641 Fort Street446 m
  • Rexall · 912 Douglas Street591 m
  • View Street Pharmacy · 867 View Street691 m

Banks & ATMs (5+)

  • Localcoin Bitcoin ATM · 1710 Douglas Street220 m
  • RBC Royal Bank · 1701 Douglas Street249 m
  • Scotiabank · 702 Yates Street314 m
  • Vancity · 1280 Douglas Street321 m
  • Unnamed346 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 204 588 Pandora Ave

View building profile →
Built 2001

Mortgage & Ownership Cost Calculator

Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$650.31
Total monthly cost$4,005.17
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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