Property Type: Condo / ApartmentOwnership: Strata

408 280 Island Hwy

View Royal, BC V9B1G5

$455,500

1 bed1 bath1 parking637 sqftBuilt 2019
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$403/mo
Annual property tax
$1,849

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

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
BalconyMain level4'0 x 11'9
BathroomMain level
Primary BedroomMain level11'4 x 12'6
Living roomMain level13'6 x 16'1
KitchenMain level9'0 x 9'6
EntranceMain level4'6 x 5'0

Listing Information

MLS®
1032826
Listed
April 21, 2026
Time on market
On the market for 132 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Top-floor gem tucked away on the quiet side of building-offering peaceful living with a like-new feel. This bright inviting home features 9 ft. ceilings, luxury vinyl plank flooring, expansive windows framing a serene, treed outlook—your own private city retreat. The spacious balcony is perfect for grilling, relaxing, listening to the birds. Sleek modern kitchen is thoughtfully designed, quartz countertops, stylish tile backsplash, full-height cabinetry, & S/S appliances. Open-concept with neutral palette create a versatile space that’s easy to make your own. The home also includes a contemporary bath & convenience of in-suite laundry. U/G parking, storage locker for added ease. NEW meeting/activity room for residents to enjoy small gatherings, book exchange puzzles etc. pet-friendly building has no age restrictions & allows rentals—making it a flexible option for homeowners & investors alike. Ideally located in central View Royal, close to schools, E&N pathway, public transit, pubs, & amenities. A perfect blend of comfort, style & location—this one is not to be missed. (id:63159)

Values & Trends

This listing

$715/sqft

Building average

$717/sqft

1 active listing(s)

Maija London average

No comparable active listings

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

Nearest station: Esquimalt

14°C

Humidity 88%

Wind NNW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

11,575

(2021 Census)

+11.2% since 2016

Density: 807.7/km²

Dwellings: 5,175

Median household income: $98,000

After-tax: $86,000

Immigrant population: 18.4%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 400
  • India2.5% · 290
  • Philippines1.3% · 145
  • United States of America1% · 120
  • China1% · 115
  • Germany0.6% · 65
  • Pakistan0.5% · 55
  • Hong Kong0.4% · 45

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 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
View Royal ElementaryElementary309 m
Shoreline Community Middle SchoolMiddle811 m
Craigflower ElementaryElementary1.3 km
Eagle View ElementaryElementary1.4 km
Ecole Marigold SchoolElementary2.4 km
Spectrum CommunitySecondary2.5 km
St Joseph's Catholic(Independent)Elementary2.7 km
John Stubbs MiddleElementary2.7 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 (1)

  • 4 Mile Restaurant · 199 Island Highway413 m

Parks (5+)

  • Glenairlie Park · 285 Glenairlie Drive514 m
  • Caton Lane Park · 21 Caton Place521 m
  • Heddle Park · 325 Island Highway535 m
  • Newstead Park · 252 Heddle Avenue562 m
  • Portage Park · 151 Island Highway669 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,775) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$364,400.00
Periodic payment — Principal & Interest (monthly)$2,350.99
Additional monthly expenses (strata, tax, utilities, etc.)$589.55
Total monthly cost$2,940.54
Interest paid over 5-yr term$104,438.09
Balance at end of term$327,778.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,775
Stress test qualifying rate8.09%
Payment you must qualify for$3,327.50

Cash Needed at Closing

Minimum down payment$22,775
Estimated BC PTT$7,110
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,385

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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