Property Type: Condo / ApartmentOwnership: Leasehold / Strata

401 964 Heywood Ave

Victoria, BC V8V2Y5

$229,000

1 bed1 bath664 sqftBuilt 1974
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
737 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Leasehold / Strata
Strata / maintenance fee
$704/mo
Annual property tax
$224,416.89

Interior

Heating
Other, Hot Water
Cooling / A/C
None
Fireplace
None
Appliances
Refrigerator, Range - Electric

Exterior & Lot

Lot features
Irregular lot size

Building

Parcel ID (PID)
004-160-134

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
StorageMain level4'4 x 4'7
BathroomMain level4-Piece
Primary BedroomMain level10'1 x 11'4
KitchenMain level6'3 x 7'0
Dining roomMain level7'2 x 7'5
Living roomMain level12'5 x 19'1
BalconyMain level4'9 x 12'9
EntranceMain level4'2 x 4'4

Listing Information

MLS®
1046804
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 30, 2026

Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.

Description

Outstanding value in this bright, top-floor one-bedroom suite, quietly positioned on the west side of the building. Large windows fill the home with natural light, while the spacious west-facing balcony overlooks Beacon Hill Park and offers an ideal setting for afternoon sun and warm summer evenings. The well-designed interior features a generous living room, separate dining area and comfortable bedroom. Enjoy an exceptional location with Beacon Hill Park across the street, Cook Street Village just one block away, and downtown Victoria and the Dallas Road waterfront within an easy stroll. Villa Royale offers a welcoming community along with a penthouse clubhouse, sauna, hot tub, hobby room and bicycle storage. The monthly fee includes property taxes, heat, hot water, building maintenance and an on-site property manager. Parking and storage lockers are wait-listed, with ample street parking available nearby. Financing options are available. Leasehold in place until 2073. (id:63159)

Values & Trends

This listing

$345/sqft

Building average

$297/sqft

1 active listing(s)

Downtown average

$768/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

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

44

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
South Park Family SchoolElementary535 m
Christ Church Cathedral School(Independent)Elementary/Middle790 m
Sir James Douglas ElementaryElementary933 m
Pacific School of Innovation and Inquiry(Independent)Secondary982 m
Central Middle SchoolElementary1.4 km
James Bay CommunityElementary1.5 km
Victoria HighElementary1.9 km
George Jay ElementaryElementary2.1 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+)

  • The next245 m
  • The Village Taverna · 1075 Pendergast Street257 m
  • Taisho Japanese Grill & Bar · 230 Cook Street270 m
  • Pizzeria PrimaStrada270 m
  • Morning People · 325 Cook Street304 m

Cafes (5+)

  • The Hidden Gem Treat Shop & Cafe · 337 Cook Street323 m
  • Moka House · 345 Cook Street333 m
  • Colonial Cafe675 m
  • Jackson Brothers Coffeehouse · 784 Humboldt Street713 m
  • Capital City Café768 m

Grocery (1)

  • The Root Cellar Village Green Grocer · 271 Cook Street304 m

Parks (5+)

  • Beacon Hill Park · 100 Cook Street363 m
  • South Park494 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street535 m
  • Chapman Park · 1200 Chapman Street621 m
  • Avalon Green · 601 Avalon Road651 m

Pharmacies (1)

  • Rexall269 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM496 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 401 964 Heywood Ave

View building profile →
Built 1969

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$19,438.41
Total monthly cost$20,620.35
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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