Property Type: Detached HouseOwnership: Freehold

225 Skinner St SE

Victoria, BC V9A3B2

$1,369,900

0 bed0 bath1 parking1,471 sqftBuilt 1901
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Property Details

Property & Lot

Sub-type
House
Lot size
10,296 square feet
Zoning
Multi-Family

Bylaw 2018

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,056

Interior

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

Exterior & Lot

View
City view
Lot features
Central location, Hillside, Southern exposure, Corner Site, Sloping, See remarks, Other, Rectangular

Building

Parcel ID (PID)
008-920-338

Parking

Total spaces
1 — uncovered indicated
Features
Other

Room Dimensions

RoomLevelDimensions
Living roomMain level

Listing Information

MLS®
1037232
Listed
May 21, 2026
Time on market
On the market for 103 days
Data last synced
August 31, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Exceptional development opportunity in vibrant VicWest. This well-positioned property offers strong redevelopment potential in one of Victoria’s fastest-growing urban communities. Being surrounded by ongoing development and revitalization makes this an ideal site to venture into. The fully serviced and slightly sloping lot is conveniently located just a short distance by foot or bicycle to the inner harbour, downtown, Save on Foods, restaurants, pubs. All the entertainment, food and sights one could ask for at your fingertips. Mayfair shopping mall is within a kilometer via the Selkirk trestle. Zoning Bylaw2018 applies allowing for a wide variety of development types. Zoning suggest townhomes with individual drive in garages, stacked townhomes with detached parking or a four story multi unit building with relaxed parking requirements. Development properties in the immediate area are now built out and ready for occupancy. Maximize the opportunity by purchasing the neighbouring property at 221 Skinner, (offered separately,ML#1042440), creating an exceptional land assembly opportunity. This property is positioned high up on the hill in Vic-West with some Gorge waterway and inner harbour views from the upper levels of your desired development. Easy walking, easy biking, easy driving. Have your representative contact the listing Realtor® for all details. Buyer to verify development potential with the City of Victoria. (id:63159)

Values & Trends

This listing

$931/sqft

Building average

No other active listings in this building

Victoria West average

$647/sqft

4 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

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

52

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
Victoria West ElementaryElementary303 m
Selkirk Montessori School(Independent)Elementary/Middle722 m
Esquimalt High SchoolSecondary1.0 km
SJ Burnside Education CentreSecondary1.1 km
BeausoleilElementary1.3 km
Victor-BrodeurK-121.3 km
Ecole Macaulay ElementaryElementary1.9 km
Tillicum Community SchoolElementary1.9 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+)

  • Crown Palace · 405 Craigflower Road217 m
  • Pita Land · #110, 182 Wilson Street375 m
  • Browns Crafthouse · 184 Wilson Street381 m
  • Victoria Sushi · 176 Wilson Street416 m
  • Steve's Poké Bar · 645 Tyee Road514 m

Cafes (4)

  • Spiral Cafe · 418 Craigflower Road289 m
  • Starbucks448 m
  • Caffe Fantastico611 m
  • Selkirk Cafe · 2960 Jutland Road651 m

Grocery (1)

  • The Market Garden · 810 Catherine Street191 m

Parks (5+)

  • Unnamed235 m
  • Regatta Point Park · 1 Regatta Landing260 m
  • Raynor Park · 530 Raynor Avenue284 m
  • Banfield Park · 521 Craigflower Road300 m
  • Paddle Rock337 m

Gyms (2)

  • Truth Gym Gallery · 1035 Alston Street143 m
  • Selkirk Waterfront Fitness547 m

Pharmacies (2)

  • Pharmasave · 180 Wilson Street382 m
  • Save-On-Foods · 172 Wilson Street474 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($111,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,095,920.00
Periodic payment — Principal & Interest (monthly)$7,070.50
Additional monthly expenses (strata, tax, utilities, etc.)$495.33
Total monthly cost$7,565.84
Interest paid over 5-yr term$314,093.82
Balance at end of term$985,783.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$111,990
Stress test qualifying rate8.09%
Payment you must qualify for$9,672.89

Cash Needed at Closing

Minimum down payment$111,990
Estimated BC PTT$25,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$138,888

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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