Property Type: TownhouseOwnership: Leasehold

5 1506 ADMIRALS Rd

View Royal, BC V9A7B1

$260,000

2 bed2 bath1 parking1,085 sqftBuilt 1979
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,018 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Townhouse
Ownership
Leasehold
Strata / maintenance fee
$728/mo
Annual property tax
$1,471.28

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Other

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 level2' x 6'
BathroomSecond level5' x 8'
Laundry roomSecond level6' x 6'
BalconySecond level4' x 11'
OfficeSecond level5' x 6'
BedroomSecond level9' x 10'
Primary BedroomSecond level11' x 11'
KitchenMain level9' x 10'
Dining roomMain level9' x 10'
Living roomMain level11' x 16'
PatioMain level11' x 11'
EntranceMain level9' x 12'

Listing Information

MLS®
1039113
Listed
June 3, 2026
Time on market
On the market for 89 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.

Description

**Affordable Homeownership in a Prime View Royal Location** Welcome to Unit 5 - 1506 Admirals Road, a spacious 2-bedroom, 1.5-bathroom townhome offering a spacious over 1,000 sq ft of functional living space in the heart of View Royal. Bonus with in house laundry. This well-established, family-friendly community provides an excellent opportunity for first-time buyers, investors, or anyone seeking affordable ownership close to all amenities. Enjoy easy access to shopping, cafés, restaurants, transit, parks, and recreation, with Admirals Walk Shopping Centre, the Galloping Goose Trail, and the scenic Gorge Waterway all just moments away. This is a leasehold property with the current lease expiring in 2044. (id:63159)

Values & Trends

This listing

$240/sqft

Building average

$171/sqft

1 active listing(s)

Glentana average

$336/sqft

2 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

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 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

67

7/9 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
Craigflower ElementaryElementary402 m
Shoreline Community Middle SchoolMiddle408 m
View Royal ElementaryElementary1.2 km
Ecole Marigold SchoolElementary1.8 km
Spectrum CommunitySecondary1.8 km
Rockheights Middle SchoolElementary1.9 km
St Joseph's Catholic(Independent)Elementary2.0 km
Eagle View ElementaryElementary2.2 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 (4)

  • Gyrosa · 1517 Admirals Road166 m
  • Clover Sushi · 1505 Admirals Road326 m
  • Apple Tree Family Restaurant · 1501 Admirals Road380 m
  • 4 Mile Restaurant · 199 Island Highway745 m

Cafes (2)

  • iluka espresso · #100 - 101 Island Highway117 m
  • Kinder Cup409 m

Grocery (1)

  • Thrifty Foods Admirals Walk · 1495 Admirals Road474 m

Parks (5+)

  • Unnamed151 m
  • Yarrow Place Rain Garden · 908 Yarrow Place170 m
  • Craigflower Farm Historic Site · 1801 Admirals Road183 m
  • Unnamed260 m
  • Craigflower Park391 m

Shopping (3)

  • Canadian Tire · 1519 Admirals Road164 m
  • Nelson Square · 100 Aldersmith Place260 m
  • Admirals Walk Shopping Centre415 m

Pharmacies (1)

  • Rexall · 1511 Admirals Road203 m

Banks & ATMs (2)

  • Scotiabank · 100 Aldersmith Place279 m
  • 4 Mile Liquor - View Royal - Bitcoin Well ATM · 1505 Admirals Road361 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 5 1506 ADMIRALS Rd

View building profile →
Built 1979

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$208,000.00
Periodic payment — Principal & Interest (monthly)$1,341.95
Additional monthly expenses (strata, tax, utilities, etc.)$904.26
Total monthly cost$2,246.20
Interest paid over 5-yr term$59,613.40
Balance at end of term$187,096.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,899.34

Cash Needed at Closing

Minimum down payment$13,000
Estimated BC PTT$3,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,700

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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