Property Type: DuplexOwnership: Strata

590 Simcoe St

Victoria, BC V8V1L8

$1,550,000

3 bed4 bath2 parking2,291 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Duplex
Lot size
4,660 square feet
Zoning
Residential

Ownership & Fees

Property type
Duplex
Ownership
Strata
Strata / maintenance fee
$0/mo
Annual property tax
$7,465.36

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
2

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
BedroomLower level
Living roomLower level
BathroomLower level4-Piece
Eating areaLower level
KitchenLower level
StorageSecond level
Primary BedroomSecond level
BedroomSecond level
EnsuiteSecond level5-Piece
BathroomSecond level4-Piece
PorchMain level
PatioMain level
BathroomMain level2-Piece
Dining roomMain level
KitchenMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1047382
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

Pleased to introduce this exquisite half duplex located in the heart of James Bay. Built in 2008 w/high-end finishings throughout this 2291 sq/ft turn-key home will surely impress. Options offered for all buyers; luxurious living with a mortgage helper if required OR savvy investors take note of the current $6585/month income! Enter off the covered porch into the main residence which boasts 2 Beds & 3 Baths, a large LR w/wainscotting, feature Gas FP, chef's kitchen w/Granite counters, custom built-in cabinetry & SS apps. The bright dining space w/access to the rear patio is perfect for entertaining! A primary w/large walk-in closet, spa ensuite w/heated floors & extra storage finish the main. Down you'll find a completely redone 1Bed & 1Bath in-law suite w/separate entry & laundry. The fully fenced South facing exterior w/private yards for both suites is perfect for kids & pets. Walking distance to Beacon Hill Park, Dallas Rd & all amenities. Take advantage of the lifestyle presented! (id:63159)

Values & Trends

This listing

$677/sqft

Building average

No other active listings in this building

James Bay average

$608/sqft

3 active listing(s)

Parking: 2 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

16°C

Mainly Clear

Humidity 73%

Wind S 6 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

52

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
South Park Family SchoolElementary541 m
James Bay CommunityElementary757 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
Christ Church Cathedral School(Independent)Elementary/Middle1.3 km
Sir James Douglas ElementaryElementary1.7 km
Central Middle SchoolElementary2.0 km
Victoria HighElementary2.5 km
George Jay ElementaryElementary2.6 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+)

  • Beacon Drive In · 126 Douglas Street290 m
  • Real Thai Restaurant · 211 Menzies Street293 m
  • Levantine316 m
  • The Bop345 m
  • The Coriander Indian · 230 Menzies Street360 m

Cafes (5+)

  • Colonial Cafe201 m
  • Piggy & Paisley · 143 Menzies Street295 m
  • Discovery Coffee · 277 Menzies Street361 m
  • James Bay Coffee House · 425 Simcoe Street384 m
  • Good Earth Coffeehouse · 535 Superior Street424 m

Grocery (2)

  • Thrifty Foods James Bay · 475 Simcoe Street354 m
  • Red Barn Market · 325 Menzies Street406 m

Parks (5+)

  • Avalon Green · 601 Avalon Road201 m
  • Irving Park415 m
  • South Park434 m
  • Holland Point Park · 645 Dallas Road466 m
  • Lewis Park · 32 Lewis Street523 m

Gyms (1)

  • Fitness Center · 525 Superior Street447 m

Pharmacies (1)

  • James Bay Pharmasave · 230 Menzies Street345 m

Banks & ATMs (1)

  • Unnamed · 475 Simcoe Street358 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($310,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,240,000.00
Periodic payment — Principal & Interest (monthly)$8,000.06
Additional monthly expenses (strata, tax, utilities, etc.)$737.11
Total monthly cost$8,737.17
Interest paid over 5-yr term$355,387.56
Balance at end of term$1,115,384.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$310,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$310,000
Estimated BC PTT$29,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$340,500

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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