Property Type: Condo / ApartmentOwnership: Strata

601 1628 Store St

Victoria, BC V8W0H1

$379,900

1 bed1 bath464 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
452 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$270/mo
Annual property tax
$2,249

Interior

Heating
Heat Pump, Other
Cooling / A/C
Air Conditioned
Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Features
None

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
EntranceMain level4' x 6'
BalconyMain level7' x 11'
BathroomMain level3-Piece
Primary BedroomMain level
Living roomMain level9' x 9'
KitchenMain level5' x 14'

Listing Information

MLS®
1041740
Listed
June 27, 2026
Time on market
On the market for 65 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

FANTASTIC VALUE AT THE PEARL! Victoria’s New Waterfront residence in Old Town Victoria. 2023. Quality steel and concrete built by awarding winning team of D’Ambrosio Architects, KWI Design & Farmer Construction. An urban oasis offers exceptional quality, modern elegance & city views with brilliantly and functionally designed Junior 1 Bed, 1 Bath, 464sf and 9 ft. ceilings. Amazing natural light with SE exposures, spacious balcony with vibrant street views, exquisite finish details including custom upgraded Murphy Bed, quartz counters including eating bar/work desk, top of line appliances, in-suite laundry, heated tile floor and AC. Secure storage locker along with building amenities including caretaker, gym, bike storage, common room with kitchen facilities and a most welcoming and elegant lobby. Front & centre on Victoria’s active waterway & walkways, a hidden gem immersed in the rich history known for picturesque streets, shops & dining. A walkscore of 99 with a signature address you deserve! (id:63159)

Values & Trends

This listing

$819/sqft

Building average

$902/sqft

6 active listing(s)

Downtown average

$765/sqft

152 active listing(s)

Parking: Not indicatedStorage 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

70

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)Secondary744 m
Christ Church Cathedral School(Independent)Elementary/Middle1.1 km
South Park Family SchoolElementary1.3 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
Victoria West ElementaryElementary1.5 km
George Jay ElementaryElementary1.5 km
James Bay CommunityElementary1.5 km
SJ Burnside Education CentreSecondary1.7 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+)

  • Bray's · 460 Pandora Avenue40 m
  • Nubo Kitchen + Bar · 490 Pandora Avenue41 m
  • The Sour Pickle Cafe · 1623 Store Street42 m
  • Chubby Dumpling · 1619 Store Street44 m
  • Mentora Ramen · 1609 Store Street54 m

Cafes (5+)

  • Bean Around The World · 533 Fisgard Street117 m
  • Grindstone Cafe · Herald Street140 m
  • Shanzee's Biscuit Café · 529 Pandora Avenue142 m
  • Hey Happy · 560 Johnson Street154 m
  • Just Matcha · 544 Pandora Avenue161 m

Grocery (4)

  • Zero Waste Emporium · 1728 Douglas Street406 m
  • Mexican House of Spice · 1412 Douglas Street415 m
  • No Frills · 770 Fisgard Street450 m
  • Bulk Barn · 706 Yates Street514 m

Parks (5+)

  • Triangle Green86 m
  • Bridgehead Green136 m
  • Reeson Park · 1300 Wharf Street220 m
  • Pandora Green263 m
  • Songhees Point Park · 49 Songhees Road468 m

Shopping (5+)

  • Camöflage269 m
  • Sabayons · 1101 Government Street471 m
  • The Bay Centre506 m
  • The Bay Centre · 1150 Douglas Street506 m
  • Winners · 1150 Douglas Street535 m

Gyms (5+)

  • Spinco · 524 Pandora Avenue96 m
  • Limitless Training · 582 Johnson Street229 m
  • Lagree West255 m
  • Vic City Gymnastics · 2051 Store Street374 m
  • Spinco · 745 Cormorant Street512 m

Pharmacies (3)

  • Shoppers Drug Mart · 1212 Douglas Street512 m
  • I.D.A. Cridge Family · 641 Fort Street545 m
  • Rexall · 912 Douglas Street695 m

Banks & ATMs (5+)

  • Unnamed312 m
  • Localcoin Bitcoin ATM · 1710 Douglas Street395 m
  • RBC Royal Bank · 1701 Douglas Street435 m
  • Vancity · 1280 Douglas Street484 m
  • Scotiabank · 702 Yates Street495 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$303,920.00
Periodic payment — Principal & Interest (monthly)$1,960.79
Additional monthly expenses (strata, tax, utilities, etc.)$480.42
Total monthly cost$2,441.21
Interest paid over 5-yr term$87,104.35
Balance at end of term$273,377.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,775.23

Cash Needed at Closing

Minimum down payment$18,995
Estimated BC PTT$5,598
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,093

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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