Property Type: Condo / ApartmentOwnership: Strata

401 986 Heywood Ave

Victoria, BC V8V2Y6

$1,799,000

2 bed3 bath2 parking1,336 sqftBuilt 2019
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,336 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$1,177/mo
Annual property tax
$9,699.25

Interior

Heating
Heat Pump, Natural gas, Other
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
OfficeMain level
BathroomMain level2-Piece
EnsuiteMain level4-Piece
BedroomMain level
EnsuiteMain level5-Piece
Primary BedroomMain level
KitchenMain level
Living roomMain level
Dining roomMain level
EntranceMain level

Listing Information

MLS®
1047392
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

LOCATION, LOCATION, LOCATION! The Heywood is arguably one of Victoria's Premier condominium buildings, tucked away on a quiet street, adjacent to the iconic Beacon Hill Park. Developed in 2019, this Jawl Residential building epitomizes the highest level of quality in the 4 story steel and concrete lowrise sanctuary. Unit 401 is a top floor penthouse offering a spacious layout, 9'7'' ceilings, an abundance of natural light via floor to ceiling windows, gourmet kitchen and a large wrap around deck with views over the city to Craigdarroch Castle and beyond. Both the primary and 2nd bedroom enjoy their own ensuite bath plus a powder room for guests. The micro office is inconspicuously tucked away, out of sight. This high end residence also offers 2 underground parking spaces, one being it's own private garage approx. 30'x10'. All this in a second to none location, just a short stroll to Cook St. village, Dallas Rd., downtown, or a beautiful stroll through the city's most magnificent park. (id:63159)

Values & Trends

This listing

$1,347/sqft

Building average

No other active listings in this building

Fairfield West average

$518/sqft

14 active listing(s)

Parking: 2 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

41

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 SchoolElementary648 m
Sir James Douglas ElementaryElementary958 m
Christ Church Cathedral School(Independent)Elementary/Middle959 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
James Bay CommunityElementary1.5 km
Central Middle SchoolElementary1.5 km
Victoria HighElementary2.0 km
George Jay ElementaryElementary2.3 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 (5+)

  • Pizzeria PrimaStrada259 m
  • The next265 m
  • Taisho Japanese Grill & Bar · 230 Cook Street266 m
  • Thunderbird · 253 Cook Street275 m
  • Morning People · 325 Cook Street322 m

Cafes (3)

  • The Hidden Gem Treat Shop & Cafe · 337 Cook Street351 m
  • Moka House · 345 Cook Street386 m
  • Colonial Cafe708 m

Grocery (1)

  • The Root Cellar Village Green Grocer · 271 Cook Street283 m

Parks (5+)

  • Beacon Hill Park · 100 Cook Street263 m
  • South Park579 m
  • Chapman Park · 1200 Chapman Street579 m
  • Avalon Green · 601 Avalon Road682 m
  • St. Ann's Academy National Historic Site · 835 Humboldt Street693 m

Pharmacies (1)

  • Rexall249 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM620 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($359,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,439,200.00
Periodic payment — Principal & Interest (monthly)$9,285.23
Additional monthly expenses (strata, tax, utilities, etc.)$2,051.85
Total monthly cost$11,337.08
Interest paid over 5-yr term$412,478.86
Balance at end of term$1,294,565.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$359,800
Stress test qualifying rate8.09%
Payment you must qualify for$11,066.94

Cash Needed at Closing

Minimum down payment$359,800
Estimated BC PTT$33,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$395,280

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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