Property Type: Condo / ApartmentOwnership: Strata

504 167 Island Hwy

View Royal, BC V9B1G1

$849,900

2 bed2 bath1 parking844 sqftBuilt 2026
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Property Details

Property & Lot

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

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$454/mo
Annual property tax
$0

Interior

Heating
Heat Pump
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
1

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 level
EnsuiteMain level3-Piece
Primary BedroomMain level
BedroomMain level
BathroomMain level4-Piece
Living roomMain level
Dining roomMain level
KitchenMain level

Listing Information

MLS®
1045169
Listed
August 7, 2026
Time on market
On the market for 24 days
Data last synced
August 28, 2026

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

Description

Release of our final 2 bedroom, 2 bathroom penthouse unit at The Grand & Fir - Nature’s next-door neighbour! View Royal’s newest condo building, has remaining Jr. 1 bedrooms, 1 bedrooms, & 2 bedroom units. Located just steps from Portage Park and Thetis Cove Waterfront, this building is perfectly positioned to blend serene greenery with urban convenience. This unit comes with the bright & airy Grand colour scheme with upgraded penthouse appliance package plus a large outdoor balcony to take in the outdoors. This eco-friendly building features heat pumps, Nest thermostats with climate control, smart lighting, EV charging capabilities in every parking stall, and shared onsite kayaks, e-bikes, & paddle boards to help you make the most of the surrounding nature. Storage & parking included! (id:63159)

Values & Trends

This listing

$1,007/sqft

Building average

$888/sqft

5 active listing(s)

View Royal average

$638/sqft

36 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

37

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
Shoreline Community Middle SchoolMiddle414 m
View Royal ElementaryElementary577 m
Craigflower ElementaryElementary866 m
Eagle View ElementaryElementary1.7 km
Ecole Marigold SchoolElementary2.2 km
Spectrum CommunitySecondary2.2 km
St Joseph's Catholic(Independent)Elementary2.4 km
Rockheights Middle SchoolElementary2.5 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)

  • 4 Mile Restaurant · 199 Island Highway63 m
  • Gyrosa · 1517 Admirals Road553 m
  • Clover Sushi · 1505 Admirals Road665 m
  • Apple Tree Family Restaurant · 1501 Admirals Road701 m

Cafes (2)

  • Kinder Cup670 m
  • iluka espresso · #100 - 101 Island Highway701 m

Grocery (1)

  • Thrifty Foods Admirals Walk · 1495 Admirals Road671 m

Parks (5+)

  • Portage Park · 151 Island Highway231 m
  • Glenairlie Park · 285 Glenairlie Drive358 m
  • Seabird Park · 230 Seabird Place496 m
  • Caton Lane Park · 21 Caton Place498 m
  • Craigflower Farm Historic Site · 1801 Admirals Road615 m

Shopping (3)

  • Canadian Tire · 1519 Admirals Road518 m
  • Nelson Square · 100 Aldersmith Place586 m
  • Admirals Walk Shopping Centre665 m

Pharmacies (1)

  • Rexall · 1511 Admirals Road572 m

Banks & ATMs (2)

  • 4 Mile Liquor - View Royal - Bitcoin Well ATM · 1505 Admirals Road609 m
  • Scotiabank · 100 Aldersmith Place622 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,920.00
Periodic payment — Principal & Interest (monthly)$4,386.61
Additional monthly expenses (strata, tax, utilities, etc.)$495.80
Total monthly cost$4,882.41
Interest paid over 5-yr term$194,867.03
Balance at end of term$611,590.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.13

Cash Needed at Closing

Minimum down payment$59,990
Estimated BC PTT$14,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,488

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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