Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

403 848 Yates St

Victoria, BC V8W0G2

$675,000

2 bed2 bath1 parking896 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
896 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$553/mo
Annual property tax
$3,541.33

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
None
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer, Oven - Built-In

Building

Security
Sprinkler System-Fire
Parcel ID (PID)
031-217-494

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
EnsuiteMain level3-Piece
Primary BedroomMain level
BedroomMain level
Living roomMain level
BalconyMain level
Dining roomMain level
KitchenMain level
BathroomMain level4-Piece
EntranceMain level

Listing Information

MLS®
1047243
Listed
September 11, 2026
Time on market
Listed today
Data last synced
September 11, 2026

Listing provided by: IRIS Properties Real Estate Inc. · Data source: CREA DDF.

Description

Turn-key luxury in the heart of downtown Victoria! This bright, sleek corner condo at The Yates on Yates offers 2 bedrooms, 2 bathrooms, and has spent the past few years as a furnished executive rental commanding above-market rent – a proven performer, and a great long-term hold. Perfect as a sophisticated primary residence, or as an investment where the furnishings and turn-key management can continue right where they left off. Inside: wide-plank flooring, integrated pantries with pull-out drawers, and fully integrated Fisher & Paykel appliances within European-style soft-close cabinetry topped with solid quartz counters and matching backsplash. Suite-controlled heating/cooling, heated ensuite floors, and a laundry closet with Bosch W/D add everyday comfort. Pet, family & BBQ-friendly, fully rentable, with parking and separate storage. Kitty-corner to The Market on Yates and steps to all of downtown Victoria, plus Chard's signature rooftop patio. A must-see! (id:63159)

Values & Trends

This listing

$753/sqft

Building average

No other active listings in this building

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/Middle488 m
Pacific School of Innovation and Inquiry(Independent)Secondary571 m
Central Middle SchoolElementary1.0 km
South Park Family SchoolElementary1.0 km
George Jay ElementaryElementary1.1 km
Victoria HighElementary1.1 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+)

  • Taosis Ramen38 m
  • Zambri's · 820 Yates Street46 m
  • OEB Breakfast Co. · 856 Yates Street57 m
  • The Poké Lounge · 866 Yates Street89 m
  • Superbaba · 1325 Blanshard Street91 m

Cafes (5+)

  • Habit Coffee · 808 Yates Street74 m
  • Macchiato Caffe · 780 Johnson Street142 m
  • Tim Hortons · 1410 Blanshard Street150 m
  • SH91 Bubble Tea · 759 Yates Street160 m
  • Momo Tea · 762 Yates Street169 m

Grocery (5+)

  • Market on Yates · 903 Yates Street174 m
  • Bulk Barn · 706 Yates Street274 m
  • Daily Fresh · 1627 Quadra Street328 m
  • Mexican House of Spice · 1412 Douglas Street347 m
  • Save-On-Foods · 1010 Pandora Avenue399 m

Parks (5+)

  • Pandora Green359 m
  • Pioneer Square · 1030 Quadra Street382 m
  • Law Courts Green457 m
  • Pandora Green502 m
  • Mason Street Park · 1045 Mason Street507 m

Shopping (5+)

  • London Drugs275 m
  • Winners · 1150 Douglas Street376 m
  • The Bay Centre · 1150 Douglas Street450 m
  • The Bay Centre450 m
  • Camöflage500 m

Gyms (5+)

  • Anytime Fitness · 815 Yates Street74 m
  • Peterec's Kombat Centre · 851 Johnson Street82 m
  • Studio 4 Athletics · 715 Yates Street257 m
  • Forge Gym284 m
  • Tropos Fitness Club · 1601 Blanshard Street297 m

Pharmacies (5+)

  • View Street Pharmacy · 867 View Street173 m
  • Shoppers Drug Mart · 1212 Douglas Street348 m
  • I.D.A. Cridge Family · 641 Fort Street484 m
  • Rexall · 912 Douglas Street502 m
  • Victoria Compounding Pharmacy · 1089 Fort Street555 m

Banks & ATMs (5+)

  • Scotiabank · 702 Yates Street290 m
  • Coastal Community Credit Union · 762 Fort Street290 m
  • BMO · 1225 Douglas Street296 m
  • Canadian Western Bank · 1201 Douglas Street317 m
  • Vancity · 1280 Douglas Street335 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.3% ($42,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$540,000.00
Periodic payment — Principal & Interest (monthly)$3,483.90
Additional monthly expenses (strata, tax, utilities, etc.)$892.68
Total monthly cost$4,376.58
Interest paid over 5-yr term$154,765.55
Balance at end of term$485,731.75

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,863.70

Cash Needed at Closing

Minimum down payment$42,500
Estimated BC PTT$11,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$55,500

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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