Beacon Hill Park, Dallas Road & Downtown living steps away! Fully rentable (no STR min 6 mo fixed) in first class location. Previously rented out furnished @ $1600 in 2021. Great cash flowing investment opportunity with Orchard House in the heart of James Bay. This bright 10th floor condo frames spectacular ocean views with fabulous sunsets as ships drift by. Nicely appointed studio featuring new floors, windows & patio door. Amenities include UG parking, heated outdoor pool, sauna, hot tub, storage locker, bike storage, workshop & large shared laundry room on the main level. Quiet steel & concrete building with very low noise transfer. Monthly fees includes property taxes, heat, hot water & on-site management. An easy walk to James Bay shops, restaurants, banks, & library. Inner Harbour & Downtown Victoria are on your doorstep. Leasehold property, head lease expires in 2073. Incredible value & opportunity for a spectacular view condo in a concrete building on the edge of Downtown.
Property details
0
Beds
1 full
Baths
483 ft²
Floor area
536 ft²
Lot size
1969
Year built
1
Parking
$556/mo
Strata fee
$282,454/yr
Gross tax
Location & structure
Single Family
Type
James Bay
Area
Listed
July 7, 2026
Structure
Apartment
PID
004-154-878
Property highlights
Ocean view
Mountain view
City view
Pool
Patio
Hot tub
Features & inclusions
Appliances
Refrigerator, Range - Electric
Heating
Baseboard heaters, Natural gas
Cooling
None
Lot
Rectangular
Community
Family Oriented, Pets not Allowed
Additional details
Common interest
Leasehold
Listed by DFH Real Estate Ltd.. Last updated Jul 7, 2026, 2:35 PM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $30,000 down (20%) on $149,999, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Inventory mix
What this area trades in
Within 3 km of this listing · 547 listings
Condo / Apartment
377
68.9%
Detached
99
18.1%
Townhouse
42
7.7%
Duplex
9
1.6%
Multi-family
8
1.5%
Other
12
2.2%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Census 2021 dwelling structural-type mix · Victoria · 370 dwellings
High-rise apartment350 · 94.6%
Low-rise apartment10 · 2.7%
Single-detached5 · 1.4%
Semi-detached5 · 1.4%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59170297· Victoria· 0.04 km²
Median rent here
$1,490
Owner shelter cost
$780
Renters
50.0%
30%+ on shelter
31.9%
Population (2021)
539
Median age
57.2
Avg household size
1.5
Avg household income
$69,200
Renters
50.0%
Owners
50.0%
Immigrants
20.2%
Post-secondary
74.5%
Avg home value
$396,000
Single status
32.0%
Not in labour force
37.7%
Households with kids
6.8%
Median rent
$1,490
Owner shelter cost
$780
30%+ on shelter
31.9%
Breakdown
Under $5,000
10
2.6%
$5,000 to $9,999
5
1.3%
$10,000 to $14,999
10
2.6%
$15,000 to $19,999
10
2.6%
$20,000 to $24,999
20
5.2%
$25,000 to $29,999
25
6.5%
$30,000 to $34,999
15
3.9%
$35,000 to $39,999
25
6.5%
$40,000 to $44,999
20
5.2%
$45,000 to $49,999
25
6.5%
$50,000 to $59,999
45
11.7%
$60,000 to $69,999
35
9.1%
$70,000 to $79,999
30
7.8%
$80,000 to $89,999
30
7.8%
$90,000 to $99,999
20
5.2%
$100,000 to $124,999
30
7.8%
$125,000 to $149,999
15
3.9%
$150,000 to $199,999
10
2.6%
$200,000 and over
5
1.3%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170297).
Market story
Rent in Victoria
Census 2021 avg $1,490/mo here · Vancouver studio rent (est) trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
