Property Type: Condo / ApartmentOwnership: Strata

518 10 Paul Kane Pl

Victoria, BC V9A7J8

$1,229,000

2 bed2 bath1 parking1,571 sqftBuilt 1990
Get Directions

Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,571 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$813/mo
Annual property tax
$4,905.37

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dishwasher, Range, Dryer, Microwave, Oven - Built-In

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Other, Marine Oriented

Building

Parcel ID (PID)
016-792-343

Parking

Total spaces
1 — uncovered indicated
Features
Underground

Restrictions & Policies

Pets
Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
BalconyMain level4'1 x 10'5
BalconyMain level4'1 x 10'5
BalconyMain level4'1 x 10'5
Laundry roomMain level6'2 x 8'7
BedroomMain level18'4 x 15'1
BathroomMain level7'5 x 5'5
BalconyMain level4'2 x 12'2
EnsuiteMain level7'11 x 8'9
Primary BedroomMain level14'4 x 19'1
Living roomMain level13'9 x 24'5
Dining roomMain level14'4 x 13'9
KitchenMain level16'3 x 12'8
EntranceMain level8'4 x 20'7

Listing Information

MLS®
1040711
Listed
June 17, 2026
Time on market
On the market for 75 days
Data last synced
August 31, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

OPEN HOUSE Sun 2-4pm August 30th...Experience elevated waterfront living from this exceptional corner penthouse in the sought-after Songhees community. Showcasing over 1,500 sq ft of refined living space, this residence is defined by soaring 11-foot ceilings, expansive windows, and four private balconies that capture ocean glimpses, passing kayaks and float planes, and the sparkling lights of downtown Victoria. Thoughtfully updated throughout, the home offers an elegant blend of comfort and sophistication, featuring a gourmet kitchen with premium appliances, custom finishes, and a welcoming gas fireplace. The well-designed floor plan places the bedrooms on opposite sides of the residence, creating ideal separation for guests and everyday living. A spacious laundry room, secure underground parking, and storage add convenience. Built with steel and concrete construction, Royal Quays offers a premier waterfront lifestyle steps from the harbour pathway, marinas, restaurants, and Victoria (id:63159)

Values & Trends

This listing

$782/sqft

Building average

$724/sqft

2 active listing(s)

Songhees average

$903/sqft

24 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

30

4/9 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
Victoria West ElementaryElementary937 m
James Bay CommunityElementary1.2 km
Pacific School of Innovation and Inquiry(Independent)Secondary1.2 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
South Park Family SchoolElementary1.5 km
BeausoleilElementary1.6 km
Victor-BrodeurK-121.6 km
Esquimalt High SchoolSecondary1.7 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+)

  • Boom + Batten Restaurant & Cafe · 2 Paul Kane Place66 m
  • Pirate Pizza Company500 m
  • Puerto Vallarta Amigos501 m
  • Barb's Fish & Chips522 m
  • The Fish Store524 m

Cafes (4)

  • Coffeehouse at Shoal Point · 19 Dallas Road569 m
  • Starbucks592 m
  • Caffe Fantastico600 m
  • Nourish Kitchen & Cafe704 m

Parks (5+)

  • Westsong Walkway83 m
  • Songhees Hillside Park · 40 Saghalie Road158 m
  • Sitkum Park · 200 Kimta Road204 m
  • Lime Bay Park · 10 Cooperage Place205 m
  • Unnamed268 m

Pharmacies (2)

  • Save-On-Foods · 172 Wilson Street608 m
  • Pharmasave · 180 Wilson Street648 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($97,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$983,200.00
Periodic payment — Principal & Interest (monthly)$6,343.27
Additional monthly expenses (strata, tax, utilities, etc.)$1,300.34
Total monthly cost$7,643.61
Interest paid over 5-yr term$281,787.95
Balance at end of term$884,391.58

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$97,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,697.76

Cash Needed at Closing

Minimum down payment$97,900
Estimated BC PTT$22,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$121,980

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.

Request more information