Property Type: Condo / ApartmentOwnership: Strata

518 68 Songhees Rd

Victoria, BC V9A0A3

$789,000

1 bed2 bath1 parking885 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
Apartment
Style
Other
Lot size
885 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$642/mo
Annual property tax
$4,139.55

Interior

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

Exterior & Lot

Lot features
Private setting, Irregular lot size

Building

Parcel ID (PID)
027-040-267

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
DenMain level7'11 x 7'1
BathroomMain level2-Piece
EnsuiteMain level4-Piece
Primary BedroomMain level11'9 x 13'5
KitchenMain level9'5 x 8'3
Living roomMain level18'1 x 14'6
BalconyMain level29'8
EntranceMain level6'2 x 4'10

Listing Information

MLS®
1042511
Listed
July 13, 2026
Time on market
On the market for 49 days
Data last synced
September 1, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

Welcome home to Shutters; one of Victoria's sophisticated, premier luxury residences on the Inner Harbour in the Songhees! Sophistication meets modern design in this stunning 1 bed + den and 2 bath suite with an open-concept design, luxurious features including heated flooring in the ensuite bathroom, floor-to-ceiling windows and a wonderful private balcony that runs the length of the unit. Enjoy mountain views from the balcony and gas hook up for your bbq. The den can easily be used as a second bedroom, office, or guest space. More features include stainless steel appliances, granite countertops, marble floors and more! Shutters spa-inspired amenities include guest suite, 2 hot tubs, sauna, steam room, fitness facility, and an elegant outdoor lap pool; equipped with chaise lounge chairs for ultimate summer relaxation! Enjoy all the amenities with low strata fees. Includes secure underground parking and storage space. Steps to world-class shopping, dining, entertainment and of course - the breathtaking Songhees walkway. (id:63159)

Values & Trends

This listing

$892/sqft

Building average

$880/sqft

2 active listing(s)

Songhees average

$899/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

37

6/9 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 ElementaryElementary1.0 km
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
James Bay CommunityElementary1.1 km
South Park Family SchoolElementary1.4 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
Christ Church Cathedral School(Independent)Elementary/Middle1.6 km
BeausoleilElementary1.7 km
Victor-BrodeurK-121.7 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 Place195 m
  • Blue Crab Seafood House538 m
  • Pirate Pizza Company546 m
  • Puerto Vallarta Amigos550 m
  • Coco Grill566 m

Cafes (5+)

  • Caffe Fantastico566 m
  • Starbucks608 m
  • Nourish Kitchen & Cafe643 m
  • Coffeehouse at Shoal Point · 19 Dallas Road645 m
  • Saint Cecelia756 m

Parks (5+)

  • Songhees Hillside Park · 40 Saghalie Road191 m
  • Songhees Park · 56 Songhees Road193 m
  • Tenas Park220 m
  • Westsong Walkway227 m
  • Unnamed240 m

Gyms (2)

  • Lagree West776 m
  • Spinco · 524 Pandora Avenue790 m

Pharmacies (2)

  • Save-On-Foods · 172 Wilson Street611 m
  • Pharmasave · 180 Wilson Street671 m

Banks & ATMs (1)

  • Unnamed680 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($53,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$631,200.00
Periodic payment — Principal & Interest (monthly)$4,072.29
Additional monthly expenses (strata, tax, utilities, etc.)$1,031.21
Total monthly cost$5,103.50
Interest paid over 5-yr term$180,903.73
Balance at end of term$567,766.44

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$53,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,652.66

Cash Needed at Closing

Minimum down payment$53,900
Estimated BC PTT$13,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,180

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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