301 1315 Waddington Alley
Victoria, BC V8W0B2
$399,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 561 square feet
- Zoning
- Residential/Commercial
OTD-1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $640/mo
- Annual property tax
- $2,631
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- None
Parking
- Features
- None
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
| Room | Level | Dimensions |
|---|---|---|
| Balcony | Main level | 3'3 |
| Bathroom | Main level | 4-Piece |
| Kitchen | Main level | 8'9 x 8'8 |
| Primary Bedroom | Main level | 14'4 x 25'6 |
Listing Information
- MLS®
- 1032701
- Listed
- April 23, 2026
- Time on market
- On the market for 131 days
- Data last synced
- August 28, 2026
Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.
Description
Top floor studio in the iconic Morley Soda Factory, an architecturally significant heritage building in the heart of Old Town Victoria. Built in 1875 and restored in 2009, this boutique 9-unit building blends historic charm with modern living. This 560 sq ft loft-style suite features exposed wood beam ceilings, windows on three sides, and a skylight that fills the space with natural light. Open-concept layout offers flexible living and sleeping areas, plus a full kitchen, in-suite laundry, and storage. Private balcony with views of Old Town and the mountains. Zoned OTD-1 (Live/Work) and pet friendly, with a landscaped common courtyard. Steps to the Inner Harbour, restaurants, shops, and Chinatown. Walk Score 99. Listed nearly $70k below assessed value. A rare opportunity to own a piece of Victoria history in a creative live/work community, surrounded by cafés, galleries, waterfront paths and the charm of the city’s historic commercial district. (id:63159)
Values & Trends
This listing
$711/sqft
Building average
—
No other active listings in this building
Downtown average
$766/sqft
152 active listing(s)
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
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
81
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
| School | Type | Distance |
|---|---|---|
| Pacific School of Innovation and Inquiry(Independent) | Secondary | 550 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 989 m |
| South Park Family School | Elementary | 1.1 km |
| James Bay Community | Elementary | 1.4 km |
| George Jay Elementary | Elementary | 1.5 km |
| Victoria West Elementary | Elementary | 1.6 km |
| Selkirk Montessori School(Independent) | Elementary/Middle | 1.6 km |
| Central Middle School | Elementary | 1.7 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+)
- Birdman · 537 Johnson Street33 m
- Chimac · 512 Yates Street44 m
- Il Terrazzo · 555 Johnson Street46 m
- Perro Negro · 536 Yates Street53 m
- Ferris' Burger & Oyster Bar · 536 Yates Street55 m
Cafes (5+)
- Hey Happy · 560 Johnson Street57 m
- Saint Cecelia76 m
- Shanzee's Biscuit Café · 529 Pandora Avenue141 m
- Just Matcha · 544 Pandora Avenue182 m
- Starbucks · 1301 Government Street183 m
Grocery (4)
- Mexican House of Spice · 1412 Douglas Street339 m
- Bulk Barn · 706 Yates Street394 m
- Zero Waste Emporium · 1728 Douglas Street459 m
- No Frills · 770 Fisgard Street487 m
Parks (5+)
- Bridgehead Green88 m
- Reeson Park · 1300 Wharf Street103 m
- Triangle Green121 m
- Pandora Green237 m
- Fort Victoria293 m
Shopping (5+)
- Camöflage186 m
- Sabayons · 1101 Government Street284 m
- The Bay Centre · 1150 Douglas Street327 m
- The Bay Centre327 m
- Winners · 1150 Douglas Street370 m
Gyms (5+)
- Lagree West66 m
- Limitless Training · 582 Johnson Street130 m
- Spinco · 524 Pandora Avenue151 m
- Studio 4 Athletics · 715 Yates Street423 m
- Spinco · 745 Cormorant Street482 m
Pharmacies (4)
- I.D.A. Cridge Family · 641 Fort Street358 m
- Shoppers Drug Mart · 1212 Douglas Street359 m
- Rexall · 912 Douglas Street506 m
- View Street Pharmacy · 867 View Street754 m
Banks & ATMs (5+)
- Unnamed132 m
- Vancity · 1280 Douglas Street345 m
- Scotiabank · 702 Yates Street377 m
- BMO · 1225 Douglas Street391 m
- Canadian Western Bank · 1201 Douglas Street400 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Financial Ledger
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Financial Summary
Cash Needed at Closing
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.