- Active
1029 Queens Avenue
Victoria · Single Family
- Beds
- 4
- Baths
- 2
- Sqft
- 2,529
- Built
- 1921
Listed by RE/MAX Camosun · MLS® 1049844
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Sign inAbout this home
Investor and developer opportunity in Victoria’s Central Park area. This legal duplex sits on a 60 x 120 lot with a sunny, south-facing rear yard and a double garage, plus a layout that invites creative thinking. The duplex is heritage registered but not designated, opening the door to future options while keeping the character that buyers love. With the building positioned to one side, explore potential to stratify the existing home and consider a second duplex, or evaluate a missing middle style project. The main floor offers a vacant one bedroom suite with its own bath, ready for your tenant selection, and it has been rented as a two bedroom plan in the past. The upper suite features a three bedroom layout with one bath and is home to a long-term tenant planning to move in late fall 2026. 1920s charm meets key mechanical upgrades, with added value possible through basement development, garage accommodation potential, or full redevelopment.
Home facts
- Bedrooms
- 4
- Bathrooms
- 2 full
- Interior
- 2,529 sq ft
- Lot size
- 7,200 sq ft
- Year built
- 1921
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Area
- Central Park
- Style
- Character
- Listed
- September 17, 2026
- Structure
- Duplex
- PID
- 009-314-911
- Common interest
- Freehold
Highlights
- Double garage
Features and inclusions
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- None
- Parking
- Garage
- Lot
- Level lot, Irregular lot size
Rooms and building
- Water
- Zoning
- Residential
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.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $5,687
- Property tax
- $350/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,187
Purchase snapshot
- List price
- $1,199,900
- Down payment
- $239,980 (20%)
- Estimated mortgage
- $959,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $6,787
- At 5.6559 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
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Who lives here
Documents
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