Property Type: Condo / ApartmentOwnership: Strata

505 608 Broughton St

Victoria, BC V8W1C7

$549,000

1 bed1 bath1 parking680 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
667 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$566/mo
Annual property tax
$3,238.76

Interior

Heating
Heat Pump, Electric, Natural gas, Hot Water
Cooling / A/C
Air Conditioned
Fireplace
None

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
BathroomMain level4-Piece
Primary BedroomMain level12' x 12'
KitchenMain level9' x 12'
Dining roomMain level10' x 10'
Living roomMain level10' x 10'
EntranceMain level4' x 4'

Listing Information

MLS®
1042442
Listed
July 7, 2026
Time on market
On the market for 55 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Two blocks from the Inner Harbour and steps from Government Street, the Empress, and the Union Club, the Sovereign is a stylish boutique address in the vibrant heart of Victoria. Unit 505 sits on the quiet west side of the building, with a big private patio that’s a real extension of living space, not a neglected add-on. Open-concept floor plan, expansive windows, walk-in closet, soaker tub, in-suite laundry, and air conditioning round out the appeal. Secure underground parking and two storage lockers included. The rooftop patio is the best in the city: gas fireplace, outdoor kitchen, and an unobstructed view of the Inner Harbour. Perfect for young professionals or anyone looking for an attractive home in the nicest part of Downtown. (id:63159)

Values & Trends

This listing

$807/sqft

Building average

$857/sqft

1 active listing(s)

Downtown average

$765/sqft

152 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

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

81

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
Pacific School of Innovation and Inquiry(Independent)Secondary165 m
Christ Church Cathedral School(Independent)Elementary/Middle681 m
South Park Family SchoolElementary723 m
James Bay CommunityElementary1.2 km
Central Middle SchoolElementary1.5 km
George Jay ElementaryElementary1.6 km
Victoria HighElementary1.6 km
Sir James Douglas ElementaryElementary1.7 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 (5+)

  • Ebizō Sushi · 604 Broughton Street15 m
  • Chobap Sushi Bar · 610 Courtney Street70 m
  • Pagliacci's · 1011 Broad Street80 m
  • The Broughton Street Deli · 648 Broughton Street86 m
  • 10 Acres Bistro · 611 Courtney Street91 m

Cafes (5+)

  • Xing Fu Tang · 608 Broughton Street11 m
  • Sounds Like Coffee · 915 Gordon Street44 m
  • Macchiato Caffe · 1002 Broad Street52 m
  • Milano · 817 Government Street100 m
  • Flourish BeauTea · 667 Fort Street102 m

Grocery (5+)

  • Bulk Barn · 706 Yates Street336 m
  • Mexican House of Spice · 1412 Douglas Street417 m
  • Market on Yates · 903 Yates Street653 m
  • No Frills · 770 Fisgard Street675 m
  • Zero Waste Emporium · 1728 Douglas Street675 m

Parks (5+)

  • Ship's Point Park181 m
  • Fort Victoria200 m
  • Fort Victoria National Historic Site of Canada203 m
  • Penwell Green366 m
  • Reeson Park · 1300 Wharf Street421 m

Shopping (5+)

  • Sabayons · 1101 Government Street121 m
  • The Bay Centre · 1150 Douglas Street128 m
  • The Bay Centre128 m
  • Winners · 1150 Douglas Street186 m
  • Camöflage395 m

Gyms (5+)

  • Unnamed217 m
  • Gracie Barra Brazilian Jiu-Jitsu · 736 Broughton Street257 m
  • West Coast Jiu-Jitsu293 m
  • Studio 4 Athletics · 715 Yates Street319 m
  • Lagree West324 m

Pharmacies (4)

  • I.D.A. Cridge Family · 641 Fort Street73 m
  • Rexall · 912 Douglas Street132 m
  • Shoppers Drug Mart · 1212 Douglas Street232 m
  • View Street Pharmacy · 867 View Street544 m

Banks & ATMs (5+)

  • TD · 1080 Douglas Street132 m
  • National Bank · 880 Douglas Street152 m
  • Unnamed157 m
  • Coast Capital Savings158 m
  • RBC · 1079 Douglas Street170 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 505 608 Broughton St

View building profile →
Built 2013

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($29,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$439,200.00
Periodic payment — Principal & Interest (monthly)$2,833.57
Additional monthly expenses (strata, tax, utilities, etc.)$869.90
Total monthly cost$3,703.47
Interest paid over 5-yr term$125,875.98
Balance at end of term$395,061.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$29,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,991.70

Cash Needed at Closing

Minimum down payment$29,900
Estimated BC PTT$8,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,380

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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