Property Type: Condo / ApartmentOwnership: Strata

309 524 Yates St

Victoria, BC V8W1K8

$435,000

1 bed1 bath609 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
609 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$341/mo
Annual property tax
$2,563.11

Interior

Heating
Electric
Cooling / A/C
None
Fireplace
None

Parking

Features
Street

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
BedroomSecond level9'10 x 9'6
Dining roomMain level11'7 x 7'2
Living roomMain level10'3
BathroomMain level4-Piece
KitchenMain level12'3 x 7'2
EntranceMain level5'4 x 6'7

Listing Information

MLS®
1033608
Listed
May 1, 2026
Time on market
On the market for 122 days
Data last synced
August 28, 2026

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

Description

Originally constructed in 1896 for prominent merchant Simon Leiser, this landmark heritage building began as a state-of-the-art wholesale warehouse during Victoria’s gold rush boom. Designed by noted architect A.C. Ewart, the fully restored Leiser Building now seamlessly blends its striking Victorian brick architecture and historic charm with modern residential living in the heart of Old Town. This top-floor, one-bedroom, one-bathroom loft-style apartment offers an exceptional blend of character and comfort, featuring soaring 14-foot ceilings, large windows that flood the space with natural light, and the convenience of in-suite laundry. Residents can also enjoy access to a rooftop with stunning 360-degree views, all just steps from the waterfront and moments from dining, entertainment, and shopping. (id:63159)

Values & Trends

This listing

$714/sqft

Building average

No other active listings in this building

Downtown average

$766/sqft

152 active listing(s)

Parking: Not indicatedStorage 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

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

SchoolTypeDistance
Pacific School of Innovation and Inquiry(Independent)Secondary510 m
Christ Church Cathedral School(Independent)Elementary/Middle953 m
South Park Family SchoolElementary1.1 km
James Bay CommunityElementary1.4 km
George Jay ElementaryElementary1.5 km
Victoria West ElementaryElementary1.6 km
Central Middle SchoolElementary1.6 km
Victoria HighElementary1.7 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+)

  • Perro Negro · 536 Yates Street15 m
  • Ferris' Burger & Oyster Bar · 536 Yates Street16 m
  • Block Victoria · 538 Yates Street24 m
  • El Furniture Warehouse · 533 Yates Street34 m
  • Chimac · 512 Yates Street45 m

Cafes (5+)

  • Saint Cecelia35 m
  • Hey Happy · 560 Johnson Street89 m
  • Starbucks · 1301 Government Street154 m
  • Wind Cries Mary157 m
  • Shanzee's Biscuit Café · 529 Pandora Avenue166 m

Grocery (4)

  • Mexican House of Spice · 1412 Douglas Street326 m
  • Bulk Barn · 706 Yates Street369 m
  • Zero Waste Emporium · 1728 Douglas Street471 m
  • No Frills · 770 Fisgard Street496 m

Parks (5+)

  • Reeson Park · 1300 Wharf Street119 m
  • Bridgehead Green126 m
  • Triangle Green162 m
  • Pandora Green243 m
  • Fort Victoria259 m

Shopping (5+)

  • Camöflage182 m
  • Sabayons · 1101 Government Street243 m
  • The Bay Centre · 1150 Douglas Street288 m
  • The Bay Centre288 m
  • Winners · 1150 Douglas Street334 m

Gyms (5+)

  • Lagree West31 m
  • Limitless Training · 582 Johnson Street130 m
  • Spinco · 524 Pandora Avenue183 m
  • Studio 4 Athletics · 715 Yates Street396 m
  • Spinco · 745 Cormorant Street476 m

Pharmacies (4)

  • I.D.A. Cridge Family · 641 Fort Street318 m
  • Shoppers Drug Mart · 1212 Douglas Street327 m
  • Rexall · 912 Douglas Street466 m
  • View Street Pharmacy · 867 View Street725 m

Banks & ATMs (5+)

  • Unnamed111 m
  • Vancity · 1280 Douglas Street316 m
  • Scotiabank · 702 Yates Street353 m
  • BMO · 1225 Douglas Street362 m
  • Coast Capital Savings366 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$348,000.00
Periodic payment — Principal & Interest (monthly)$2,245.18
Additional monthly expenses (strata, tax, utilities, etc.)$584.59
Total monthly cost$2,829.77
Interest paid over 5-yr term$99,737.80
Balance at end of term$313,027.13

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,750
Stress test qualifying rate8.09%
Payment you must qualify for$3,177.75

Cash Needed at Closing

Minimum down payment$21,750
Estimated BC PTT$6,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$29,950

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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