Property Type: Condo / ApartmentOwnership: Strata

306 1545 Pandora Ave

Victoria, BC V8R6R1

$425,000

1 bed1 bath1 parking950 sqftBuilt 1977
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
950 square feet
Zoning
Residential/Commercial

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$453/mo
Annual property tax
$2,318.78

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
EntranceMain level4' x 9'
Primary BedroomMain level12'9
KitchenMain level8'3 x 7'11
Dining roomMain level8'7 x 7'7
Living roomMain level14'7 x 19'3

Listing Information

MLS®
1037593
Listed
May 21, 2026
Time on market
On the market for 102 days
Data last synced
August 28, 2026

Listing provided by: Oakwyn Realty Ltd. · Data source: CREA DDF.

Description

Looking for a home for your university student? Bright, spacious, and centrally located on the Oak Bay Junction in Fernwood, welcome to this 1 bedroom, 1 bathroom home. With over 856 finished square feet and a large balcony, this thoughtfully designed home offers an open-concept layout with large windows that fill the space with natural light. The living area allows you to host friends and family in the dining room and versatile living room. Ample amenities include a recreational facility complete with pool, hot tub, sauna, gym, landscaped courtyard, library and workshop. Across the street, you have access to an expansive park with tennis courts! You are just steps to cafés, restaurants, parks, groceries, and all downtown amenities while still enjoying a quiet residential feel. This professionally managed building offers secure entry, parking, and the convenience of urban living, making it an excellent opportunity for first-time buyers, investors, or those seeking a low-maintenance lifestyle in the heart of Victoria. (id:63159)

Values & Trends

This listing

$447/sqft

Building average

$422/sqft

1 active listing(s)

Fernwood average

$517/sqft

6 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

59

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
Victor SchoolK-12660 m
Central Middle SchoolElementary712 m
Victoria HighElementary732 m
Sundance-Bank ElementaryElementary775 m
Glenlyon Norfolk School(Independent)K-12914 m
George Jay ElementaryElementary1.2 km
St Patrick's School(Independent)Elementary1.3 km
Margaret Jenkins ElementaryElementary1.3 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 (4)

  • Tartan Toque · 1507 Pandora Avenue68 m
  • Stage · 1307 Gladstone Avenue649 m
  • Fernwood Pizza Company695 m
  • CairoMum · 1807 Fort Street749 m

Cafes (3)

  • Shine Cafe · 1548 Fort Street25 m
  • Little June · 1301 Gladstone Avenue659 m
  • QV Coffee House · 1769 Fort Street671 m

Grocery (2)

  • Urban Grocer250 m
  • Fernwood General Store · 1308 Gladstone Avenue654 m

Parks (5+)

  • Scurrah Green · 1580 Fort Street66 m
  • Verrinder Park · 1551 Oak Bay Avenue135 m
  • Stadacona Park · 1490 Pandora Avenue143 m
  • Belmont Green247 m
  • Begbie Parkway289 m

Pharmacies (3)

  • Shoppers Drug Mart282 m
  • I.D.A. · 1775 Fort Street684 m
  • Fort Royal Pharmacy · 1803 Fort Street736 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM89 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 306 1545 Pandora Ave

View building profile →
Built 1976

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$340,000.00
Periodic payment — Principal & Interest (monthly)$2,193.56
Additional monthly expenses (strata, tax, utilities, etc.)$694.22
Total monthly cost$2,887.79
Interest paid over 5-yr term$97,444.98
Balance at end of term$305,831.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,250
Stress test qualifying rate8.09%
Payment you must qualify for$3,104.70

Cash Needed at Closing

Minimum down payment$21,250
Estimated BC PTT$6,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,250

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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