Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

224 405 Quebec St

Victoria, BC V8V4Z2

$429,900

1 bed1 bath1 parking564 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
564 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$388/mo
Annual property tax
$2,566.25

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Fully air conditioned, Wall unit, Air Conditioned
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave

Building

Parcel ID (PID)
023-185-929

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
BedroomMain level
Living roomMain level
BathroomMain level4-Piece
KitchenMain level
EntranceMain level

Listing Information

MLS®
1047839
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Fair Realty · Data source: CREA DDF.

Description

INNER HARBOUR/JAMES BAY W/ AIRCONDITIONING AND UNDERGROUND PARKING! Welcome to Polo Pacific, a sought-after building in the heart of James Bay. This bright one bedroom condo features a sunny West facing balcony, a beautifully updated bathroom, and a newer heat pump for year round comfort. The spacious layout includes a generous living area ideal for entertaining or working from home, plus a primary bedroom with a walk-in closet and cheater ensuite. Enjoy an unbeatable location just steps from the Inner Harbour, Parliament Buildings, Dallas Road, Fisherman's Wharf, Ogden Point, and all of downtown Victoria's amenities, while tucked away on a quiet street. Complete with in-suite laundry, secure underground parking, and a separate storage locker. Polo Pacific is pet-friendly (including one dog with no weight restriction), allows rentals, and welcomes families, making it an excellent choice for homeowners and investors alike. (id:63159)

Values & Trends

This listing

$762/sqft

Building average

$739/sqft

1 active listing(s)

James Bay average

$692/sqft

37 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

63

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
James Bay CommunityElementary544 m
Pacific School of Innovation and Inquiry(Independent)Secondary649 m
South Park Family SchoolElementary658 m
Christ Church Cathedral School(Independent)Elementary/Middle1.2 km
Victoria West ElementaryElementary1.9 km
Central Middle SchoolElementary2.0 km
Sir James Douglas ElementaryElementary2.0 km
George Jay ElementaryElementary2.3 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+)

  • Harbour House Restaurant · 607 Oswego Street94 m
  • Aegir Room · 500 Oswego Street108 m
  • Belleville's · 427 Belleville Street129 m
  • Pendray Tea House · 309 Belleville Street186 m
  • Steamship Grill & Bar · 470 Belleville Street237 m

Cafes (5+)

  • Courtyard Café148 m
  • Nourish Kitchen & Cafe240 m
  • Good Earth Coffeehouse · 535 Superior Street393 m
  • Discovery Coffee · 277 Menzies Street411 m
  • Tea at the Empress501 m

Grocery (2)

  • Red Barn Market · 325 Menzies Street363 m
  • Thrifty Foods James Bay · 475 Simcoe Street563 m

Parks (5+)

  • Quadra Park · 407 Belleville Street117 m
  • Confederation Plaza · 600 Menzies Street210 m
  • Charles Redfern Park · 200 Quebec Street307 m
  • Peter Pollen Waterfront Park383 m
  • Irving Park386 m

Shopping (3)

  • Sabayons · 1101 Government Street760 m
  • The Bay Centre · 1150 Douglas Street795 m
  • The Bay Centre795 m

Gyms (2)

  • Fitness Center · 525 Superior Street360 m
  • Unnamed573 m

Pharmacies (3)

  • James Bay Pharmasave · 230 Menzies Street506 m
  • Rexall · 912 Douglas Street711 m
  • I.D.A. Cridge Family · 641 Fort Street744 m

Banks & ATMs (5+)

  • Unnamed498 m
  • Unnamed545 m
  • Unnamed · 475 Simcoe Street546 m
  • National Bank · 880 Douglas Street693 m
  • Unnamed734 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 224 405 Quebec St

View building profile →
Built 1995

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$343,920.00
Periodic payment — Principal & Interest (monthly)$2,218.86
Additional monthly expenses (strata, tax, utilities, etc.)$629.85
Total monthly cost$2,848.71
Interest paid over 5-yr term$98,568.46
Balance at end of term$309,357.15

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,495
Stress test qualifying rate8.09%
Payment you must qualify for$3,140.49

Cash Needed at Closing

Minimum down payment$21,495
Estimated BC PTT$6,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,593

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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