Property Type: Condo / ApartmentOwnership: Strata

603 916 Lyall St

Esquimalt, BC V9A5E6

$1,149,900

2 bed3 bath1 parking1,059 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,059 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$770/mo
Annual property tax
$5,639.81

Interior

Heating
Forced air
Cooling / A/C
Fully air conditioned, Air Conditioned
Fireplace
None

Parking

Total spaces
1

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 level
BalconyMain level
BalconyMain level
BathroomMain level2-Piece
EnsuiteMain level3-Piece
Primary BedroomMain level
EnsuiteMain level4-Piece
BedroomMain level
Dining roomMain level
Living roomMain level
KitchenMain level
EntranceMain level

Listing Information

MLS®
1037881
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Experience the Pinnacle of Oceanside Luxury at Westbay Quay Perched at the crown of Esquimalt’s premier waterfront community, this spectacular south-facing penthouse offers a lifestyle of unparalleled sophistication. Flooded with natural light, the expansive 2-bedroom, 2.5-bathroom residence commands incredible, unobstructed panoramic views of the ocean, marina, and the Olympic Mountains. Built to the highest standards, this landmark building features top-quality concrete construction, ensuring whisper-quiet privacy and durability. Inside, the open-concept layout blends modern elegance with premium finishes, floor-to-ceiling windows, and spa-like ensuites for both bedrooms. Rare for penthouse living, this home includes a massive, oversized private storage room alongside secure underground parking. Step directly onto the iconic Songhees Walkway, stroll to local marina cafes, or take a water taxi into downtown Victoria. This isn't just a home; it's a front-row seat to the ultimate West Coast lifestyle. (id:63159)

Values & Trends

This listing

$1,086/sqft

Building average

$880/sqft

4 active listing(s)

Esquimalt average

$764/sqft

63 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

15°C

Humidity 82%

Wind N 2 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

44

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
Ecole Macaulay ElementaryElementary459 m
BeausoleilElementary635 m
Victor-BrodeurK-12635 m
Victoria West ElementaryElementary1.2 km
Rockheights Middle SchoolElementary1.3 km
Esquimalt High SchoolSecondary1.3 km
James Bay CommunityElementary1.8 km
Selkirk Montessori School(Independent)Elementary/Middle2.3 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+)

  • Lum's Chinese Restaurant · 914 Esquimalt Road450 m
  • Spice Valley Indian Cuisine · 910½ Esquimalt Road454 m
  • Bunny's Nook Kitchen · 904B Esquimalt Road468 m
  • Sushi Story497 m
  • The Blue Nile513 m

Cafes (3)

  • Marina Bay Cafe · 474 Head Street66 m
  • Tim Hortons526 m
  • Esquimalt Roasting Company · 854 Esquimalt Road578 m

Parks (5+)

  • Captain Jacobson Park140 m
  • Paradise Park149 m
  • West Bay Walkway531 m
  • Barnard Park · 300 Barnard Avenue606 m
  • Hither Green628 m

Gyms (1)

  • Third Space · 918 Esquimalt Road446 m

Pharmacies (2)

  • Heart Pharmacy · 890 Esquimalt Road502 m
  • Shoppers Drug Mart · 870 Esquimalt Road575 m

Banks & ATMs (1)

  • Unnamed545 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,920.00
Periodic payment — Principal & Interest (monthly)$5,935.01
Additional monthly expenses (strata, tax, utilities, etc.)$1,292.98
Total monthly cost$7,228.00
Interest paid over 5-yr term$263,651.72
Balance at end of term$827,471.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,150.34

Cash Needed at Closing

Minimum down payment$89,990
Estimated BC PTT$20,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,488

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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