Property Type: Condo / ApartmentOwnership: Strata

407 545 Manchester Rd

Victoria, BC V8T5H6

$459,000

1 bed1 bath1 parking698 sqftBuilt 1992
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
783 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$367/mo
Annual property tax
$2,299.36

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
City view

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
BathroomMain level3-Piece
Primary BedroomMain level12'1 x 9'10
Eating areaMain level5'11 x 7'2
KitchenMain level9'9 x 7'2
Living roomMain level15'6 x 11'1
OfficeMain level7'11 x 7'5
EntranceMain level8'4 x 5'10

Listing Information

MLS®
1039313
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

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

Description

TOP FLOOR living in a condo is certainly a big plus, as you have nobody stomping around above you! This beautiful TOP FLOOR 1bed+den unit, in a very desirable well managed building is sure to impress! Being on the top floor has other benefits, like 9.5' ceilings in the bedroom & kitchen plus a skylight in the entry way bringing in that much appreciated natural light!! The kitchen has stainless steel appliances, with modern white finished cupboards, and leads to an amazing eating nook surrounded by windows, with great views! The primary bedroom is good size, and comes with 2 closets (one is walk-in) and a convenient cheater ensuite. The main living space is cozy, with sliding door access out to the patio, and has french doors leading to the office/nursery, or even potential second bedroom! Also comes with one parking stall in secure underground area and a storage locker. Close to so many of Victoria's fantastic amenities, like the Gorge waterway, Mayfair mall, & many restaurants. (id:63159)

Values & Trends

This listing

$658/sqft

Building average

No other active listings in this building

Burnside average

$652/sqft

15 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

70

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
SJ Burnside Education CentreSecondary217 m
Selkirk Montessori School(Independent)Elementary/Middle328 m
Ecole Quadra ElementaryElementary1.1 km
Victoria West ElementaryElementary1.3 km
Cloverdale Traditional ElementaryElementary1.7 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.8 km
Tillicum Community SchoolElementary1.8 km
Oak and Orca Bioregional School(Independent)K-121.8 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+)

  • Namaste Indian Cuisine293 m
  • Ramen Arashi324 m
  • Sol Fine Foods · 2955 Jutland Road423 m
  • Spoons Diner425 m
  • Glo Restaurant & Lounge · 2940 Jutland Road485 m

Cafes (5+)

  • Heavenly Desserts · 456a Gorge Road East102 m
  • Unnamed169 m
  • Bows Coffee Roasters · 483 Garbally Road195 m
  • Tim Hortons342 m
  • Selkirk Cafe · 2960 Jutland Road381 m

Grocery (4)

  • Duaa Supermarket277 m
  • Lifestyle Markets Health Foods · 2950 Douglas Street333 m
  • BC Ale Trail508 m
  • H Mart767 m

Parks (5+)

  • Manchester Green108 m
  • Sumas Park · 530 Sumas Street166 m
  • Jutland Green · 505 Burnside Road East227 m
  • Cecelia Ravine Dog Park257 m
  • Garbally Landing340 m

Shopping (2)

  • Unnamed121 m
  • Mayfair Shopping Centre · 3147 Douglas Street622 m

Gyms (4)

  • Park's MBA Tae-Kwon-Do331 m
  • VBC Fitness337 m
  • Selkirk Waterfront Fitness471 m
  • BoulderHouse Climbing · 2829 Quesnel Street662 m

Pharmacies (1)

  • Rexall472 m

Banks & ATMs (3)

  • Vancity438 m
  • Island Savings · 3195 Douglas Street651 m
  • CIBC713 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$367,200.00
Periodic payment — Principal & Interest (monthly)$2,369.05
Additional monthly expenses (strata, tax, utilities, etc.)$593.72
Total monthly cost$2,962.77
Interest paid over 5-yr term$105,240.58
Balance at end of term$330,297.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,353.07

Cash Needed at Closing

Minimum down payment$22,950
Estimated BC PTT$7,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,630

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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