Property Type: Condo / ApartmentOwnership: Strata

601 501 Park Pl

Esquimalt, BC V9A0H3

$999,999

2 bed2 bath1 parking1,291 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,292 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$662/mo
Annual property tax
$6,127

Interior

Heating
Geo Thermal
Cooling / A/C
See Remarks
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Dryer, Microwave

Exterior & Lot

View
Mountain view, Ocean view
Lot features
Central location, Corner Site

Building

Parcel ID (PID)
031-212-239

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
PatioSecond level23'0 x 15'8
PatioSecond level24'0 x 33'0
BathroomMain level11'2 x 5'10
Primary BedroomMain level16'3 x 10'0
BathroomMain level11'2 x 10'0
BedroomMain level12'0 x 10'8
Living roomMain level14'7 x 17'0
Dining roomMain level14'6 x 9'0
KitchenMain level9'7 x 17'0

Listing Information

MLS®
1047491
Listed
August 22, 2026
Time on market
On the market for 10 days
Data last synced
August 30, 2026

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

Description

Waterview URBAN OASIS!! In the vibrant, fast-growing community of Esquimalt, just blocks to the ocean, Saxe Point Park, library, restaurants, and everyday amenities, and minutes to downtown Victoria Harbour and the Parliament Buildings, discover a rare offering at The Douglas in Esquimalt Town Square. This 2 bed, 2 bath penthouse showcases over-height 9’6” ceilings, expansive windows, and a stunning almost 1,178 sq ft private ocean-view rooftop sundeck with gas, water, BBQ, and floating porcelain tile. Inside features custom built-ins throughout, wide-plank oak engineered hardwood floors, and a premium appliance package (Fisher & Paykel, Bosch wall oven, gas range, dishwasher), Benson cabinetry, and full-size LG washer & dryer. Living room with brick feature wall and electric fireplace. NU-Heat in ensuite. Building offers geothermal heating & cooling, bike room, elevator, parking, bike storage & locker. Coastal living at its best! (id:63159)

Values & Trends

This listing

$775/sqft

Building average

No other active listings in this building

Saxe Point average

$696/sqft

3 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

14°C

Humidity 88%

Wind NNW 7 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

67

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
Ecole Macaulay ElementaryElementary694 m
Rockheights Middle SchoolElementary701 m
BeausoleilElementary1.0 km
Victor-BrodeurK-121.0 km
Esquimalt High SchoolSecondary1.6 km
Victoria West ElementaryElementary2.1 km
Craigflower ElementaryElementary2.8 km
Shoreline Community Middle SchoolMiddle2.9 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+)

  • Syriana · 1258 Esquimalt Road150 m
  • Kwao Thai Restaurant · 1207A Esquimalt Road153 m
  • Saigon Char-Broil Restaurant · 1205 Esquimalt Road161 m
  • Benjamin's Cafe · 614B Grenville Avenue176 m
  • Vietnam Garden Restaurant · 524 Admirals Road188 m

Cafes (2)

  • Esquimalt Roasting Company · 505 Park Place86 m
  • Serious Coffee277 m

Grocery (2)

  • Red Barn Market230 m
  • Country Grocer307 m

Parks (5+)

  • Memorial Park194 m
  • Bullen Park · 1140 Lyall Street266 m
  • Unnamed415 m
  • Unnamed443 m
  • Nelson Water Access463 m

Shopping (1)

  • Canex444 m

Gyms (1)

  • Esquimalt Recreation Centre · 527 Fraser Street157 m

Pharmacies (1)

  • Pharmasave343 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($75,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$799,999.00
Periodic payment — Principal & Interest (monthly)$5,161.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,237.39
Total monthly cost$6,398.72
Interest paid over 5-yr term$229,282.01
Balance at end of term$719,601.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$75,000
Stress test qualifying rate8.09%
Payment you must qualify for$7,112.92

Cash Needed at Closing

Minimum down payment$75,000
Estimated BC PTT$18,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,500

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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