Property Type: Condo / ApartmentOwnership: Strata

406 708 Burdett Ave

Victoria, BC V8W0A8

$849,900

2 bed2 bath1 parking1,261 sqftBuilt 2009
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,221 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$881/mo
Annual property tax
$5,267.33

Interior

Heating
Heat Pump, Forced air
Cooling / A/C
Central air conditioning, Air Conditioned
Fireplace
Yes (1)

Exterior & Lot

View
City view

Parking

Total spaces
1

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
KitchenMain level
BalconyMain level
BalconyMain level
BathroomMain level4-Piece
BedroomMain level
DenMain level
Living roomMain level
Dining roomMain level
Primary BedroomMain level
EnsuiteMain level5-Piece
EntranceMain level

Listing Information

MLS®
1043788
Listed
July 21, 2026
Time on market
On the market for 41 days
Data last synced
August 28, 2026

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

Description

Experience refined downtown living in the heart of Victoria at The Falls. This spacious 2-bedroom + den, southwest corner residence is perfectly positioned in the preferred south tower, offering all-day sun and vibrant views. Immaculately maintained, the home showcases premium finishes, floor-to-ceiling windows and a wraparound balcony ideal for entertaining. The chef-inspired kitchen features premium appliances including a new gas cooktop, while spa-like marble bathrooms elevate everyday living. A dedicated heat pump ensures efficient year-round comfort. Residents enjoy exceptional building amenities including a sun-drenched outdoor pool, hot tub, and fully equipped fitness centre. Just steps from the Inner Harbour and across from the iconic Empress Hotel, this is an outstanding opportunity to own a luxurious home in one of the city’s most desirable locations. (id:63159)

Values & Trends

This listing

$674/sqft

Building average

No other active listings in this building

Downtown average

$766/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

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)Secondary75 m
South Park Family SchoolElementary511 m
Christ Church Cathedral School(Independent)Elementary/Middle524 m
James Bay CommunityElementary1.2 km
Central Middle SchoolElementary1.4 km
Sir James Douglas ElementaryElementary1.5 km
Victoria HighElementary1.6 km
George Jay ElementaryElementary1.6 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+)

  • Browns Social House · 809 Douglas Street13 m
  • Noodle Box · 818 Douglas Street56 m
  • Cora · 850 Douglas Street67 m
  • Ithaka Greek Restaurant · 716 Burdett Avenue75 m
  • Vista 18 · 740 Burdett Avenue125 m

Cafes (5+)

  • Starbucks · 777 Douglas Street46 m
  • Bean Bandits Coffee158 m
  • Tea at the Empress167 m
  • Capital City Café170 m
  • Blenz Coffee189 m

Grocery (4)

  • Bulk Barn · 706 Yates Street472 m
  • Mexican House of Spice · 1412 Douglas Street588 m
  • Market on Yates · 903 Yates Street625 m
  • Red Barn Market · 325 Menzies Street760 m

Parks (5+)

  • Penwell Green155 m
  • Cridge Park · 720 Belleville Street231 m
  • Fairfield Green268 m
  • Thunderbird Park · 638 Douglas Street286 m
  • Ship's Point Park312 m

Shopping (5+)

  • The Bay Centre324 m
  • The Bay Centre · 1150 Douglas Street324 m
  • Winners · 1150 Douglas Street336 m
  • Sabayons · 1101 Government Street347 m
  • Camöflage610 m

Gyms (5+)

  • Unnamed98 m
  • Gracie Barra Brazilian Jiu-Jitsu · 736 Broughton Street213 m
  • West Coast Jiu-Jitsu216 m
  • Kadampa Meditation Centre · 970 Blanshard Street227 m
  • Studio 4 Athletics · 715 Yates Street436 m

Pharmacies (4)

  • Rexall · 912 Douglas Street128 m
  • I.D.A. Cridge Family · 641 Fort Street275 m
  • Shoppers Drug Mart · 1212 Douglas Street384 m
  • View Street Pharmacy · 867 View Street504 m

Banks & ATMs (5+)

  • National Bank · 880 Douglas Street96 m
  • Unnamed139 m
  • Island Savings · 933 Douglas Street152 m
  • Unnamed223 m
  • TD · 1080 Douglas Street237 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$1,382.94
Total monthly cost$5,769.56
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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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