Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

303 845 Yates St

Victoria, BC V8W4A3

$540,000

1 bed1 bath1 parking808 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
808 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$496/mo
Annual property tax
$2,916

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

View
City view
Lot features
Central location, Southern exposure, Other

Building

Parcel ID (PID)
026-815-621

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
BalconyMain level
EnsuiteMain level4-Piece
BedroomMain level
BalconyMain level
Living roomMain level
KitchenMain level
Dining roomMain level
DenMain level
EntranceMain level

Listing Information

MLS®
1048565
Listed
September 9, 2026
Time on market
On the market for 2 days
Data last synced
September 9, 2026

Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.

Description

Step into stylish urban living at The Wave, a quality steel-and-concrete building in the heart of downtown Victoria. Just over 800 sqft, this bright 1-bedroom plus den suite is located on the quiet, south-facing back side of the building and features an open-concept layout, floor-to-ceiling windows flooding the space with natural light, and a serene outlook over the private courtyard. Engineered hardwood floors, a cozy fireplace, and a modern kitchen with stainless-steel appliances create an inviting atmosphere. In-suite laundry, secure underground parking stall, and a storage locker add everyday convenience, while residents enjoy a well-equipped gym. Steps from shops, restaurants, and groceries, with the Inner Harbour and Beacon Hill Park just a short walk away. Pet-friendly and ideally located. (id:63159)

Values & Trends

This listing

$668/sqft

Building average

$604/sqft

1 active listing(s)

Downtown average

$778/sqft

152 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

Cloudy

12°C

Cloudy

Humidity 95%

Wind WSW 8 km/h

Today

20°

Tonight

12°

Sunday

18°

Sunday night

12°

Monday

17°

Monday night

11°

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.

Nearby Schools

SchoolTypeDistance
Christ Church Cathedral School(Independent)Elementary/Middle419 m
Pacific School of Innovation and Inquiry(Independent)Secondary538 m
Central Middle SchoolElementary976 m
South Park Family SchoolElementary979 m
Victoria HighElementary1.1 km
George Jay ElementaryElementary1.1 km
Sir James Douglas ElementaryElementary1.5 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.7 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+)

  • OEB Breakfast Co. · 856 Yates Street54 m
  • Zambri's · 820 Yates Street77 m
  • The Poké Lounge · 866 Yates Street78 m
  • Taosis Ramen96 m
  • Sakura Sushi · 1213 Quadra Street109 m

Cafes (5+)

  • Habit Coffee · 808 Yates Street103 m
  • SH91 Bubble Tea · 759 Yates Street170 m
  • Momo Tea · 762 Yates Street193 m
  • Macchiato Caffe · 780 Johnson Street201 m
  • Tim Hortons · 1410 Blanshard Street213 m

Grocery (5+)

  • Market on Yates · 903 Yates Street134 m
  • Bulk Barn · 706 Yates Street298 m
  • Daily Fresh · 1627 Quadra Street386 m
  • Mexican House of Spice · 1412 Douglas Street391 m
  • Save-On-Foods · 1010 Pandora Avenue417 m

Parks (5+)

  • Pioneer Square · 1030 Quadra Street313 m
  • Pandora Green373 m
  • Law Courts Green389 m
  • Penwell Green484 m
  • Rupert Terrace Green · 850 Quadra Street515 m

Shopping (5+)

  • London Drugs235 m
  • Winners · 1150 Douglas Street375 m
  • The Bay Centre · 1150 Douglas Street448 m
  • The Bay Centre448 m
  • Sabayons · 1101 Government Street505 m

Gyms (5+)

  • Anytime Fitness · 815 Yates Street54 m
  • Peterec's Kombat Centre · 851 Johnson Street119 m
  • Studio 4 Athletics · 715 Yates Street272 m
  • Forge Gym279 m
  • West Coast Jiu-Jitsu328 m

Pharmacies (5+)

  • View Street Pharmacy · 867 View Street104 m
  • Shoppers Drug Mart · 1212 Douglas Street355 m
  • Rexall · 912 Douglas Street473 m
  • I.D.A. Cridge Family · 641 Fort Street475 m
  • Victoria Compounding Pharmacy · 1089 Fort Street508 m

Banks & ATMs (5+)

  • Coastal Community Credit Union · 762 Fort Street262 m
  • BMO · 1225 Douglas Street308 m
  • Scotiabank · 702 Yates Street316 m
  • Canadian Western Bank · 1201 Douglas Street319 m
  • CIBC334 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 303 845 Yates St

View building profile →
Built 2006

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$432,000.00
Periodic payment — Principal & Interest (monthly)$2,787.12
Additional monthly expenses (strata, tax, utilities, etc.)$779.00
Total monthly cost$3,566.12
Interest paid over 5-yr term$123,812.44
Balance at end of term$388,585.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,929.41

Cash Needed at Closing

Minimum down payment$29,000
Estimated BC PTT$8,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,300

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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