Experience the very best of Vivid in this exceptional top-floor southwest corner penthouse! Showcasing panoramic views of the Olympic Mountains, the ocean, Inner Harbour, downtown Victoria and beyond, this bright and thoughtfully designed home offers the ultimate urban lifestyle. The open-concept floor plan features a sleek contemporary kitchen with quartz countertops, stainless steel appliances, and stylish finishes that seamlessly connect to the living and dining areas—perfect for relaxing or entertaining while taking in the spectacular views. Enjoy the convenience of in-suite laundry, secure bike storage, a separate storage locker, and optional monthly parking available to rent. Residents also enjoy an outstanding rooftop terrace complete with BBQs, community garden plots, a dog run, and breathtaking 360-degree views of the city, ocean, and surrounding mountains. Located in the heart of downtown Victoria, you're just steps from the Inner Harbour, Beacon Hill Park, restaurants, cafés, shopping, groceries, and vibrant nightlife. This is downtown penthouse living at its finest!
Listed by Royal LePage Coast Capital - Oak Bay. Last updated Jul 6, 2026, 9:55 AM.
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.
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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $94,980 down (20%) on $474,900, 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 · 687 listings
Condo / Apartment
433
63.0%
Detached
153
22.3%
Townhouse
61
8.9%
Duplex
13
1.9%
Land
13
1.9%
Other
14
2.0%
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.
Source: CMHC supply spring 2026
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Victoria · 885 dwellings
High-rise apartment875 · 98.9%
Apartment in duplex5 · 0.6%
Low-rise apartment5 · 0.6%
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 #59170815· Victoria· 0.08 km²
Median rent here
$1,576
Owner shelter cost
$1,720
Renters
78.2%
30%+ on shelter
45.2%
Population (2021)
1,274
Median age
34.4
Avg household size
1.4
Avg household income
$75,400
Renters
78.2%
Owners
21.8%
Immigrants
20.1%
Post-secondary
75.4%
Avg home value
$500,000
Single status
44.5%
Not in labour force
22.3%
Households with kids
5.1%
Median rent
$1,576
Owner shelter cost
$1,720
30%+ on shelter
45.2%
Breakdown
Under $5,000
15
1.7%
$5,000 to $9,999
10
1.1%
$10,000 to $14,999
20
2.3%
$15,000 to $19,999
45
5.1%
$20,000 to $24,999
55
6.2%
$25,000 to $29,999
35
4.0%
$30,000 to $34,999
45
5.1%
$35,000 to $39,999
55
6.2%
$40,000 to $44,999
35
4.0%
$45,000 to $49,999
45
5.1%
$50,000 to $59,999
70
7.9%
$60,000 to $69,999
75
8.5%
$70,000 to $79,999
60
6.8%
$80,000 to $89,999
55
6.2%
$90,000 to $99,999
60
6.8%
$100,000 to $124,999
90
10.2%
$125,000 to $149,999
40
4.5%
$150,000 to $199,999
50
5.6%
$200,000 and over
25
2.8%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170815).
Market story
Rent in Victoria
Census 2021 avg $1,576/mo here · Vancouver 1BR 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
