Property Type: Condo / ApartmentOwnership: Strata

906 1628 Store St

Victoria, BC V8W0H1

$1,095,000

2 bed2 bath2 parking1,210 sqftBuilt 2023
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,211 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$725/mo
Annual property tax
$5,297.09

Interior

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

Parking

Total spaces
2 — uncovered indicated
Features
Underground

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
Primary BedroomMain level
BalconyMain level
BalconyMain level
EntranceMain level
Laundry roomMain level
EnsuiteMain level4-Piece
BathroomMain level3-Piece
Living room/Dining roomMain level
Living roomMain level
KitchenMain level
BedroomMain level

Listing Information

MLS®
991553
Listed
March 14, 2025
Time on market
On the market for 535 days
Data last synced
August 28, 2026

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

Description

Welcome to the Pearl Residences, a premier boutique style waterfront steel & concrete building located in the heart of Victoria's vibrant & historic Old Town district. This SW facing penthouse 2 bed 2 bath unit features 2 balconies with views of the Upper Harbour and Johnson St Bridge. This 1,211 sq ft unit offers 9 ft ceilings, a contemporary kitchen with a light colour scheme, high-end S/S appliance package, quartz countertops, pantry, beverage fridge, separate laundry room with sink, extra storage, central air heating and cooling for ultimate comfort, and radiant floor heating in the bathrooms. Intelligent layout with separated bedrooms for extra privacy. The primary suite features an ensuite bath with dual sinks, slipper bathtub and separate shower and large walk-in closet. With side by side parking for two, storage, bike storage, a fitness facility, kitchen equipped amenity room and pets allowed, this unit will have you ready to live the ultimate luxury downtown urban lifestyle! (id:63159)

Values & Trends

This listing

$905/sqft

Building average

$888/sqft

6 active listing(s)

Downtown average

$764/sqft

152 active listing(s)

Parking: 2 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

70

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)Secondary737 m
Christ Church Cathedral School(Independent)Elementary/Middle1.1 km
South Park Family SchoolElementary1.3 km
Selkirk Montessori School(Independent)Elementary/Middle1.5 km
Victoria West ElementaryElementary1.5 km
George Jay ElementaryElementary1.5 km
James Bay CommunityElementary1.5 km
SJ Burnside Education CentreSecondary1.7 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+)

  • The Sour Pickle Cafe · 1623 Store Street33 m
  • Nubo Kitchen + Bar · 490 Pandora Avenue34 m
  • Chubby Dumpling · 1619 Store Street34 m
  • Bray's · 460 Pandora Avenue39 m
  • Mentora Ramen · 1609 Store Street44 m

Cafes (5+)

  • Bean Around The World · 533 Fisgard Street109 m
  • Shanzee's Biscuit Café · 529 Pandora Avenue132 m
  • Grindstone Cafe · Herald Street142 m
  • Hey Happy · 560 Johnson Street147 m
  • Just Matcha · 544 Pandora Avenue152 m

Grocery (4)

  • Zero Waste Emporium · 1728 Douglas Street398 m
  • Mexican House of Spice · 1412 Douglas Street405 m
  • No Frills · 770 Fisgard Street442 m
  • Bulk Barn · 706 Yates Street504 m

Parks (5+)

  • Triangle Green84 m
  • Bridgehead Green134 m
  • Reeson Park · 1300 Wharf Street219 m
  • Pandora Green253 m
  • Songhees Point Park · 49 Songhees Road473 m

Shopping (5+)

  • Camöflage259 m
  • Sabayons · 1101 Government Street463 m
  • The Bay Centre498 m
  • The Bay Centre · 1150 Douglas Street498 m
  • Winners · 1150 Douglas Street527 m

Gyms (5+)

  • Spinco · 524 Pandora Avenue87 m
  • Limitless Training · 582 Johnson Street220 m
  • Lagree West249 m
  • Vic City Gymnastics · 2051 Store Street377 m
  • Spinco · 745 Cormorant Street503 m

Pharmacies (3)

  • Shoppers Drug Mart · 1212 Douglas Street503 m
  • I.D.A. Cridge Family · 641 Fort Street538 m
  • Rexall · 912 Douglas Street688 m

Banks & ATMs (5+)

  • Unnamed309 m
  • Localcoin Bitcoin ATM · 1710 Douglas Street387 m
  • RBC Royal Bank · 1701 Douglas Street426 m
  • Vancity · 1280 Douglas Street474 m
  • Scotiabank · 702 Yates Street485 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

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

Financial Ledger

Net mortgage (loan + CMHC insurance)$876,000.00
Periodic payment — Principal & Interest (monthly)$5,651.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,227.71
Total monthly cost$6,879.37
Interest paid over 5-yr term$251,064.12
Balance at end of term$787,964.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,770.39

Cash Needed at Closing

Minimum down payment$84,500
Estimated BC PTT$19,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$105,900

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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