Property Type: TownhouseOwnership: Strata

8 2536 Shelbourne St

Victoria, BC V8R4L5

$799,000

3 bed2 bath1,293 sqftBuilt 2026
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Open House

Saturday, September 5

1:00 PM3:00 PM

Saturday, September 12

1:00 PM3:00 PM

Saturday, September 19

1:00 PM3:00 PM

Saturday, September 26

1:00 PM3:00 PM

Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
1,293 square feet
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$388/mo
Annual property tax
$0

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

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 level7'8 x 5'3
BathroomSecond level8'7 x 7'5
BedroomThird level9'8 x 9'9
BedroomThird level11'5
KitchenSecond level8'5
Dining roomSecond level8'5
Living roomSecond level9'6 x 15'5
BathroomMain level8'3 x 5'0
BedroomMain level11'7 x 14'4

Listing Information

MLS®
1036977
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

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

Description

Welcome to Emerson by Frame Properties — Victoria’s Only Brand-New & Move-In Ready Townhomes in Oaklands. This three-bedroom home spans 1,293 sq. ft. of open-concept living. Soaring 9-foot ceilings, large windows, and private outdoor space create a bright and efficient layout tailored for a modern lifestyle. Centrally located near schools, shopping, Jubilee Hospital, and parks — just 10 minutes from Downtown Victoria and steps to Fernwood neighbourhood. Built by Frame Properties — with over 60 years and 5,700+ homes across BC — every Emerson home is backed by a 2-5-10 New Home Warranty for lasting peace-of-mind. Don’t miss out, be one of the first to see this brand new home – Book your private tour today. Call 250-883-5005. (id:63159)

Values & Trends

This listing

$618/sqft

Building average

$694/sqft

1 active listing(s)

Oaklands average

$679/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

37

5/9 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
Victor SchoolK-12397 m
Victoria School for Ideal Education(Independent)Elementary/Middle731 m
Oaklands ElementaryElementary736 m
St Patrick's School(Independent)Elementary781 m
Sundance-Bank ElementaryElementary862 m
Victoria HighElementary1.1 km
Artemis Place Secondary(Independent)Secondary1.2 km
Lansdowne Middle SchoolMiddle1.2 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 (4)

  • Kappo Marta · 1600 Bay Street149 m
  • CairoMum · 1807 Fort Street666 m
  • Togo Sushi · 1883 Fort Street683 m
  • White Spot · 1871 Fort Street683 m

Cafes (3)

  • Koffi · 1441 Haultain Street470 m
  • Tim Hortons512 m
  • QV Coffee House · 1769 Fort Street681 m

Parks (5+)

  • Adanac Green87 m
  • Shelbourne Green264 m
  • Oaklands Park · 1550 Kings Road456 m
  • Unnamed · 2661 Richmond Road532 m
  • David Spencer Park · 2760 Victor Street578 m

Gyms (1)

  • Six Factors Fitness · 1931 Lee Avenue785 m

Pharmacies (2)

  • Fort Royal Pharmacy · 1803 Fort Street666 m
  • I.D.A. · 1775 Fort Street684 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($54,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,200.00
Periodic payment — Principal & Interest (monthly)$4,123.90
Additional monthly expenses (strata, tax, utilities, etc.)$452.90
Total monthly cost$4,576.80
Interest paid over 5-yr term$183,196.56
Balance at end of term$574,962.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,721.87

Cash Needed at Closing

Minimum down payment$54,900
Estimated BC PTT$13,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,380

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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