Property Type: Condo / ApartmentOwnership: Strata

715 1628 Store St

Victoria, BC V8W0H1

$585,000

1 bed1 bath1 parking602 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,129 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$360/mo
Annual property tax
$2,414.19

Interior

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

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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 level
Laundry roomMain level
Living roomMain level
KitchenMain level
BathroomMain level3-Piece
Primary BedroomMain level

Listing Information

MLS®
1012362
Listed
September 5, 2025
Time on market
On the market for 360 days
Data last synced
August 28, 2026

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

Description

Discover urban living at its finest at The Pearl Residences, ideally located on Store Street in Victoria’s historic Old Town. This beautifully designed 1 bedroom, 1 bathroom condo offers 602 sq ft of bright and functional living space with contemporary finishes throughout. The gourmet kitchen is a showstopper, with sleek two-tone cabinetry, quartz countertops, built-in appliances, a tile backsplash, and a central island with bar seating. An open-concept layout makes entertaining effortless, with the kitchen flowing into the living and dining space. Large north-facing windows and a private balcony fill the home with soft natural light while providing a relaxing spot to enjoy your morning coffee or evening glass of wine. The bedroom is bright and airy creating a serene atmosphere, while the spa-inspired bathroom showcases modern tile, a glass-enclosed rain shower, and a clean contemporary vanity. Additional highlights include in-suite laundry, secure underground parking, storage, and bike room. The Pearl is a concrete, steel, and glass building that blends modern convenience with Victoria’s rich heritage charm. Just outside your door, you’ll find award-winning restaurants, boutique shops, cafes, waterfront trails, and harbour access. Whether you’re a first-time buyer, downsizer, or investor, this is a rare chance to own in one of Victoria’s most sought-after communities. GST INCLUDED in purchase price. (id:63159)

Values & Trends

This listing

$972/sqft

Building average

$877/sqft

6 active listing(s)

Downtown average

$764/sqft

152 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

14°C

Mainly Clear

Humidity 86%

Wind WSW 7 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

74

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)Secondary721 m
Christ Church Cathedral School(Independent)Elementary/Middle1.1 km
South Park Family SchoolElementary1.3 km
George Jay ElementaryElementary1.5 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
Victoria West ElementaryElementary1.5 km
James Bay CommunityElementary1.5 km
Victoria HighElementary1.7 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+)

  • Chubby Dumpling · 1619 Store Street9 m
  • The Sour Pickle Cafe · 1623 Store Street13 m
  • Mentora Ramen · 1609 Store Street22 m
  • Nubo Kitchen + Bar · 490 Pandora Avenue27 m
  • Eva Schnitzelhous · 509 Fisgard Street33 m

Cafes (5+)

  • Bean Around The World · 533 Fisgard Street87 m
  • Shanzee's Biscuit Café · 529 Pandora Avenue107 m
  • Just Matcha · 544 Pandora Avenue125 m
  • Hey Happy · 560 Johnson Street132 m
  • Habit Coffee · 552 Pandora Avenue146 m

Grocery (4)

  • Zero Waste Emporium · 1728 Douglas Street376 m
  • Mexican House of Spice · 1412 Douglas Street379 m
  • No Frills · 770 Fisgard Street419 m
  • Bulk Barn · 706 Yates Street480 m

Parks (5+)

  • Triangle Green88 m
  • Bridgehead Green135 m
  • Reeson Park · 1300 Wharf Street221 m
  • Pandora Green227 m
  • Fort Victoria472 m

Shopping (5+)

  • Camöflage234 m
  • Sabayons · 1101 Government Street446 m
  • The Bay Centre · 1150 Douglas Street479 m
  • The Bay Centre479 m
  • Winners · 1150 Douglas Street505 m

Gyms (5+)

  • Spinco · 524 Pandora Avenue62 m
  • Limitless Training · 582 Johnson Street197 m
  • Lagree West235 m
  • Vic City Gymnastics · 2051 Store Street384 m
  • Spinco · 745 Cormorant Street477 m

Pharmacies (3)

  • Shoppers Drug Mart · 1212 Douglas Street481 m
  • I.D.A. Cridge Family · 641 Fort Street520 m
  • Rexall · 912 Douglas Street670 m

Banks & ATMs (5+)

  • Unnamed304 m
  • Localcoin Bitcoin ATM · 1710 Douglas Street364 m
  • RBC Royal Bank · 1701 Douglas Street403 m
  • Vancity · 1280 Douglas Street451 m
  • Scotiabank · 702 Yates Street461 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($33,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$468,000.00
Periodic payment — Principal & Interest (monthly)$3,019.38
Additional monthly expenses (strata, tax, utilities, etc.)$591.18
Total monthly cost$3,610.56
Interest paid over 5-yr term$134,130.15
Balance at end of term$420,967.51

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,240.84

Cash Needed at Closing

Minimum down payment$33,500
Estimated BC PTT$9,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$44,700

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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