415 515 Chatham St
Victoria, BC V8T0C8
$445,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Lot size
- 500 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $321/mo
- Annual property tax
- $2,280.96
Interior
- Heating
- Other
- Cooling / A/C
- See Remarks
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, Ocean 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
| Room | Level | Dimensions |
|---|---|---|
| Entrance | Main level | 11'8 x 4'9 |
| Balcony | Main level | 1'5 x 14'1 |
| Kitchen | Main level | 13'0 x 9'4 |
| Living room | Main level | 12'8 x 9'8 |
| Bathroom | Main level | 3-Piece |
| Primary Bedroom | Main level | 8'7 x 8'6 |
Listing Information
- MLS®
- 1041725
- Listed
- June 27, 2026
- Time on market
- On the market for 66 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Enjoy modern downtown living at The Ironworks, a sought-after 2020-built building in the heart of Victoria’s Old Town. This bright fourth-level one bedroom, one bathroom condo offers a smart, efficient layout with an open living area, contemporary kitchen, stainless steel appliances, quartz countertops, tile backsplash, two-tone cabinetry, and in-suite laundry. The stylish bathroom features clean modern finishes, while the suite’s design makes excellent use of space for everyday comfort or a convenient city home base. Secure underground parking and a separate storage locker add valuable convenience. The building is pet friendly and offers bike storage, landscaped common areas, and a walkable lifestyle close to Chinatown, Market Square, Lower Johnson, cafés, restaurants, shopping, fitness studios, the Inner Harbour, and the waterfront. A fantastic opportunity to own a newer condo in one of Victoria’s most vibrant and convenient neighbourhoods. (id:63159)
Values & Trends
This listing
$901/sqft
Building average
$871/sqft
2 active listing(s)
Downtown average
$764/sqft
152 active listing(s)
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
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
67
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
| School | Type | Distance |
|---|---|---|
| Pacific School of Innovation and Inquiry(Independent) | Secondary | 916 m |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 1.2 km |
| Selkirk Montessori School(Independent) | Elementary/Middle | 1.3 km |
| George Jay Elementary | Elementary | 1.4 km |
| Victoria West Elementary | Elementary | 1.5 km |
| South Park Family School | Elementary | 1.5 km |
| SJ Burnside Education Centre | Secondary | 1.5 km |
| Victoria High | Elementary | 1.6 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+)
- Jam Cafe · 542 Herald Street115 m
- End Dive · 1802 Government Street140 m
- Pinhalla · 516 Fisgard Street160 m
- Don Mee Seafood Restaurant · 538 Fisgard Street170 m
- MAiiZ Tortilleria & Eatery · 540 Fisgard Street172 m
Cafes (5+)
- Grindstone Cafe · Herald Street75 m
- Union Pacific Coffee · 537 Herald Street101 m
- Cascadia · 1812 Government Street131 m
- Bean Around The World · 533 Fisgard Street189 m
- QV Cafe · 1701 Government Street232 m
Grocery (5+)
- Zero Waste Emporium · 1728 Douglas Street335 m
- No Frills · 770 Fisgard Street387 m
- Mexican House of Spice · 1412 Douglas Street481 m
- Bulk Barn · 706 Yates Street606 m
- Daily Fresh · 1627 Quadra Street800 m
Parks (5+)
- Triangle Green300 m
- Pandora Green334 m
- Bridgehead Green349 m
- Reeson Park · 1300 Wharf Street434 m
- Bay and Government Park · 625 Bay Street539 m
Shopping (5+)
- Camöflage383 m
- Sabayons · 1101 Government Street640 m
- The Bay Centre663 m
- The Bay Centre · 1150 Douglas Street663 m
- Winners · 1150 Douglas Street673 m
Gyms (5+)
- Vic City Gymnastics · 2051 Store Street176 m
- Spinco · 524 Pandora Avenue250 m
- Limitless Training · 582 Johnson Street371 m
- Lagree West442 m
- CrossFit Zone · 708 Pembroke Street455 m
Pharmacies (2)
- Shoppers Drug Mart · 1212 Douglas Street638 m
- I.D.A. Cridge Family · 641 Fort Street710 m
Banks & ATMs (5+)
- Localcoin Bitcoin ATM · 1710 Douglas Street339 m
- RBC Royal Bank · 1701 Douglas Street388 m
- Unnamed521 m
- Scotiabank · 702 Yates Street588 m
- Vancity · 1280 Douglas Street598 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($22,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.