Property Type: Condo / ApartmentOwnership: Strata

412 629 Speed Ave

Victoria, BC V8Z1A5

$539,000

2 bed2 bath1 parking776 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
762 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$328/mo
Annual property tax
$2,571

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed with restrictions
Age / occupancy
Age restriction applies

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

Room Dimensions

RoomLevelDimensions
BathroomMain level5-Piece
Primary BedroomMain level
KitchenMain level
Living room/Dining roomMain level
BathroomMain level3-Piece
BedroomMain level
EntranceMain level

Listing Information

MLS®
1040532
Listed
June 16, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Welcome to your new home! This brand new corner unit offers a seamless blend of style and convenience, featuring 2 bedrooms and 2 bathrooms and a spacious living area. Revel in the comfort of your own space with the added conveniences of in-suite laundry, quartz countertops, stainless steel appliances, walk in closet, dual vanity, 1 dedicated parking spot, and MODO car share. Designed with a focus on natural light and open-concept living, this unit provides a welcoming atmosphere for both relaxation and entertaining. Situated in midtown with easy access to downtown, the Peninsula and the westshore. With its close proximity to Mayfair Shopping Centre you will enjoy easy access to a wide range of retail, dining, and entertainment options. Includes a dedicated parking space. Experience the perfect blend of modern living and convenience in this exceptional home. Ready to move in today. (id:63159)

Values & Trends

This listing

$695/sqft

Building average

$744/sqft

5 active listing(s)

Burnside average

$649/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

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

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 CentreSecondary316 m
Selkirk Montessori School(Independent)Elementary/Middle700 m
Ecole Quadra ElementaryElementary933 m
Cloverdale Traditional ElementaryElementary1.4 km
Tillicum Community SchoolElementary1.6 km
Victoria West ElementaryElementary1.7 km
Oak and Orca Bioregional School(Independent)K-121.8 km
VI School of Innovation and Inquiry(Independent)Elementary/Middle1.8 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+)

  • The Ruby95 m
  • Namaste Indian Cuisine354 m
  • Red Robin · 800 Tolmie Avenue414 m
  • Ramen Arashi418 m
  • Lot 1 Pasta Bar496 m

Cafes (5+)

  • Starbucks · 3180 Douglas Street117 m
  • Starbucks217 m
  • Tim Hortons290 m
  • Starbucks348 m
  • Tim Hortons439 m

Grocery (3)

  • Lifestyle Markets Health Foods · 2950 Douglas Street353 m
  • Duaa Supermarket354 m
  • H Mart385 m

Parks (5+)

  • Jutland Green · 505 Burnside Road East240 m
  • Sumas Park · 530 Sumas Street300 m
  • Cecelia Ravine Dog Park301 m
  • Cecelia Ravine Park · 475 Burnside Road East444 m
  • Mayfair Green451 m

Shopping (2)

  • Mayfair Shopping Centre · 3147 Douglas Street246 m
  • Unnamed553 m

Gyms (2)

  • Park's MBA Tae-Kwon-Do359 m
  • VBC Fitness369 m

Pharmacies (1)

  • Rexall338 m

Banks & ATMs (5+)

  • Island Savings · 3195 Douglas Street193 m
  • Vancity240 m
  • CIBC333 m
  • Khalsa Credit Union · 3318 Oak Street564 m
  • Scotiabank730 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,200.00
Periodic payment — Principal & Interest (monthly)$2,781.96
Additional monthly expenses (strata, tax, utilities, etc.)$581.25
Total monthly cost$3,363.21
Interest paid over 5-yr term$123,583.16
Balance at end of term$387,865.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,922.49

Cash Needed at Closing

Minimum down payment$28,900
Estimated BC PTT$8,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,180

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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