Property Type: Condo / ApartmentOwnership: Strata

702 83 Saghalie Rd

Victoria, BC V9A0E7

$1,099,000

2 bed2 bath1 parking1,197 sqftBuilt 2014
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,326 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$956/mo
Annual property tax
$5,766

Interior

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

Exterior & Lot

View
City view, Mountain view

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 level8' x 9'
EnsuiteMain level4-Piece
BedroomMain level10' x 12'
BathroomMain level4-Piece
Primary BedroomMain level12' x 13'
KitchenMain level9' x 13'
Dining roomMain level7' x 12'
Living roomMain level11' x 19'
BalconyMain level13' x 19'
EntranceMain level5' x 8'

Listing Information

MLS®
1045173
Listed
August 5, 2026
Time on market
On the market for 26 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.

Description

A rare opportunity in Victoria’s landmark Promontory building. This outstanding 7th-floor, south-facing residence offers 1,197 sq. ft. with two bedrooms, a den, two bathrooms, and secure parking. Floor-to-ceiling windows fill the open-concept interior with natural light while capturing breathtaking views of the Olympic Mountains, passing cruise ships, and Victoria’s vibrant working harbour. The home features hardwood flooring, stone surfaces, a premium appliance package, heated bathroom floors, air conditioning, and a generous balcony ideal for summer BBQs. This pet-friendly, rentable steel-and-concrete building offers concierge service, an owners’ lounge, fitness centre, car-share program, and bike storage. Just a short stroll from downtown Victoria, this is an exceptional combination of space, exposure, views, and location that seldom becomes available. (id:63159)

Values & Trends

This listing

$918/sqft

Building average

$932/sqft

3 active listing(s)

Songhees average

$898/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

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

44

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
Victoria West ElementaryElementary834 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.2 km
Selkirk Montessori School(Independent)Elementary/Middle1.3 km
James Bay CommunityElementary1.4 km
BeausoleilElementary1.6 km
Victor-BrodeurK-121.6 km
South Park Family SchoolElementary1.6 km
SJ Burnside Education CentreSecondary1.6 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+)

  • Boom + Batten Restaurant & Cafe · 2 Paul Kane Place309 m
  • Steve's Poké Bar · 645 Tyee Road389 m
  • Victoria Sushi · 176 Wilson Street408 m
  • Pita Land · #110, 182 Wilson Street466 m
  • Browns Crafthouse · 184 Wilson Street486 m

Cafes (3)

  • Caffe Fantastico358 m
  • Starbucks382 m
  • Grindstone Cafe · Herald Street779 m

Grocery (1)

  • The Market Garden · 810 Catherine Street673 m

Parks (5+)

  • Unnamed26 m
  • Saghalie Park75 m
  • Songhees Hillside Park · 40 Saghalie Road95 m
  • Vista Park · 130 Esquimalt Road145 m
  • Sitkum Park · 200 Kimta Road161 m

Gyms (1)

  • Truth Gym Gallery · 1035 Alston Street758 m

Pharmacies (2)

  • Save-On-Foods · 172 Wilson Street386 m
  • Pharmasave · 180 Wilson Street446 m

Banks & ATMs (1)

  • Unnamed783 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$879,200.00
Periodic payment — Principal & Interest (monthly)$5,672.30
Additional monthly expenses (strata, tax, utilities, etc.)$1,496.14
Total monthly cost$7,168.44
Interest paid over 5-yr term$251,981.25
Balance at end of term$790,843.24

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,798.07

Cash Needed at Closing

Minimum down payment$84,900
Estimated BC PTT$19,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,380

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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