Property Type: Condo / ApartmentOwnership: StrataNEW LISTING

704 139 Clarence St

Victoria, BC V8V2J1

$799,900

2 bed2 bath1 parking1,250 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,250 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$948/mo
Annual property tax
$3,626

Interior

Heating
Baseboard heaters, Natural gas, Hot Water
Cooling / A/C
None
Fireplace
None
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave

Exterior & Lot

View
City view, Mountain view, Ocean view
Lot features
Rectangular

Building

Parcel ID (PID)
000-197-700

Parking

Total spaces
1

Restrictions & Policies

Pets
Not allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level5' x 7'
EnsuiteMain level3-Piece
BedroomMain level12' x 12'
BathroomMain level4-Piece
Primary BedroomMain level12' x 17'
KitchenMain level8' x 9'
Dining roomMain level9' x 11'
Living roomMain level12' x 21'
EntranceMain level6' x 7'

Listing Information

MLS®
1048028
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 29, 2026

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

Description

Welcome to Clarence House ,The Iconic Steel and Concrete Tower in James Bay with Stunning Views!This thoughtfully re-imagined 2Bd/2Bth home sits perfectly on the 7th level on the S/W corner with Breathtaking Ocean and Mountain Views,Sit back and enjoy the Cruise ships arrive!The Expansive Great room is perfect for entertaining,large Dining area open to the stunning Custom Chefs Kitchen thoughtfully Designed with Quartz Counter tops and high end appliances.Down the hall you will find both Bedrooms,one with a custom Murphy bed and the Primary offers an en suite,walk in closet and Built-ins.Main bath and Laundry room tastefully updated as well.Enjoy an Indoor pool,Sauna,resident caretaker,Guest suite.Building has Recent upgrades including New Roof,Windows,Exterior Stucco and this home comes with Electric charger in Covered parking space.Monthly fee also includes Heat and Hot water. Simply a beautiful Care free Home and Lifestyle! (id:63159)

Values & Trends

This listing

$640/sqft

Building average

No other active listings in this building

James Bay average

$695/sqft

37 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

56

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
James Bay CommunityElementary616 m
South Park Family SchoolElementary649 m
Pacific School of Innovation and Inquiry(Independent)Secondary1.1 km
Christ Church Cathedral School(Independent)Elementary/Middle1.4 km
Sir James Douglas ElementaryElementary1.9 km
Central Middle SchoolElementary2.2 km
Victoria West ElementaryElementary2.5 km
Victoria HighElementary2.6 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+)

  • Real Thai Restaurant · 211 Menzies Street206 m
  • Levantine248 m
  • The Coriander Indian · 230 Menzies Street263 m
  • Heron Rock Bistro287 m
  • The Bop292 m

Cafes (5+)

  • Piggy & Paisley · 143 Menzies Street172 m
  • James Bay Coffee House · 425 Simcoe Street260 m
  • Colonial Cafe309 m
  • Discovery Coffee · 277 Menzies Street320 m
  • Good Earth Coffeehouse · 535 Superior Street446 m

Grocery (2)

  • Thrifty Foods James Bay · 475 Simcoe Street218 m
  • Red Barn Market · 325 Menzies Street375 m

Parks (5+)

  • Avalon Green · 601 Avalon Road321 m
  • Irving Park342 m
  • Lewis Park · 32 Lewis Street361 m
  • Holland Point Park · 645 Dallas Road393 m
  • South Park558 m

Gyms (1)

  • Fitness Center · 525 Superior Street459 m

Pharmacies (1)

  • James Bay Pharmasave · 230 Menzies Street236 m

Banks & ATMs (1)

  • Unnamed · 475 Simcoe Street227 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,920.00
Periodic payment — Principal & Interest (monthly)$4,128.55
Additional monthly expenses (strata, tax, utilities, etc.)$1,313.61
Total monthly cost$5,442.15
Interest paid over 5-yr term$183,402.91
Balance at end of term$575,610.11

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.10

Cash Needed at Closing

Minimum down payment$54,990
Estimated BC PTT$13,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,488

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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