Property Type: Condo / ApartmentOwnership: Strata

204 916 Lyall St

Esquimalt, BC V9A5E6

$520,000

1 bed1 bath1 parking611 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$445/mo
Annual property tax
$3,038

Interior

Heating
Heat Recovery Ventilation (HRV), Natural gas, Other
Cooling / A/C
Central air conditioning, Air Conditioned
Fireplace
None

Parking

Total spaces
1

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
Laundry roomMain level
BathroomMain level4-Piece
Primary BedroomMain level
KitchenMain level
Living roomMain level

Listing Information

MLS®
1041928
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

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

Description

**Let's be honest...finding a newer steel & concrete condo w/AIR CONDITIONING, secure parking, storage, premium appl. & an unbeatable location for $520,000 isn't easy.** Better yet, your strata fee incl. gas, heat & hot water. This bright, contemporary home offers everything today's buyers are looking for—heat pump w/ AC (because Victoria summers are getting warmer), hardwood floors, heated bath floors, quartz countertops, premium Fisher & Paykel/Blomberg appliances incl. gas cooktop & double-drawer dishwasher, oversized windows, generous storage & private deck. The building was designed for lifestyle too, with secure underground parking (common EV charging available), separate storage locker, bike & kayak storage. Just 5 minutes to CFB Esquimalt or downtown Victoria, 3 minutes to shopping, moments from waterfront walkways, marinas, cafés and parks. Sometimes the best opportunities are the ones everyone else is still scrolling past. At **$520,000**, this one deserves a closer look. (id:63159)

Values & Trends

This listing

$851/sqft

Building average

$938/sqft

4 active listing(s)

Old Esquimalt average

$778/sqft

11 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

14°C

Humidity 88%

Wind NNW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

44

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
Ecole Macaulay ElementaryElementary495 m
BeausoleilElementary642 m
Victor-BrodeurK-12642 m
Victoria West ElementaryElementary1.2 km
Esquimalt High SchoolSecondary1.3 km
Rockheights Middle SchoolElementary1.3 km
James Bay CommunityElementary1.8 km
Selkirk Montessori School(Independent)Elementary/Middle2.2 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+)

  • Lum's Chinese Restaurant · 914 Esquimalt Road461 m
  • Spice Valley Indian Cuisine · 910½ Esquimalt Road465 m
  • Bunny's Nook Kitchen · 904B Esquimalt Road477 m
  • Sushi Story507 m
  • The Blue Nile523 m

Cafes (3)

  • Marina Bay Cafe · 474 Head Street31 m
  • Tim Hortons529 m
  • Esquimalt Roasting Company · 854 Esquimalt Road575 m

Parks (5+)

  • Captain Jacobson Park122 m
  • Paradise Park168 m
  • West Bay Walkway502 m
  • Barnard Park · 300 Barnard Avenue580 m
  • Brodeur Field · Old Esquimalt Road652 m

Gyms (1)

  • Third Space · 918 Esquimalt Road458 m

Pharmacies (2)

  • Heart Pharmacy · 890 Esquimalt Road508 m
  • Shoppers Drug Mart · 870 Esquimalt Road577 m

Banks & ATMs (1)

  • Unnamed550 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$416,000.00
Periodic payment — Principal & Interest (monthly)$2,683.89
Additional monthly expenses (strata, tax, utilities, etc.)$729.17
Total monthly cost$3,413.06
Interest paid over 5-yr term$119,226.80
Balance at end of term$374,193.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,791.00

Cash Needed at Closing

Minimum down payment$27,000
Estimated BC PTT$8,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$36,900

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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