About this home

Exceptional Value – Priced Well Below Assessed Value! Welcome to this bright and freshly painted top-floor 1-bedroom condo, ideally situated in one of Victoria's most convenient locations, just minutes from UVic. Whether you're a first-time buyer, university student, or savvy investor, this rentable home is an outstanding opportunity. Spacious open-concept living and dining area, an updated kitchen with stainless steel appliances, and a generously sized bedroom complete with a large walk-in closet. This quiet building offers secure underground parking, a separate storage locker. one indoor cat allowed Walking distance or a short commute to UVic, excellent schools, public transit, grocery stores, restaurants, cafés, pubs, shopping, and a movie theatre. Everything you need is right at your doorstep. Don't miss this rare opportunity to own an affordable home n a highly desirable location with excellent rental potential and long-term value.

Property details

1

Beds

1 full

Baths

697 ft²

Floor area

792 ft²

Lot size

1977

Year built

1

Parking

$418/mo

Strata fee

$1,931/yr

Gross tax

Location & structure

Single Family

Type

Mt Tolmie

Area

Listed

July 20, 2026

Structure

Apartment

PID

000-954-284

Property highlights

Underground parking

Storage locker

Features & inclusions

Appliances

Refrigerator, Range - Electric, Microwave

Heating

Baseboard heaters, Electric

Cooling

None

Lot

Rectangular

Community

Family Oriented, Pets Allowed With Restrictions

Additional details

Common interest

Condo/Strata

Midgard Manor

Nearby & Commute

5 min

walk to SaanniSunny Asian Market

21 min

bike to Selkirk Landing

1h 10m

walk to Selkirk Landing

3h 42m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 43%

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$2,107

Principal and interest

Calculated estimate

$1,378

Property tax

Listing data

$161/mo

Strata fee

Listing data

$418/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$298,000

Down payment

Calculated estimate

$59,600 (20%)

Estimated mortgage

Calculated estimate

$238,400

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Using listing data

Est. monthly total

$2,107

/mo

Rate

%

Amortization

Principal and interest

$1,378

Property tax

$161

Strata fee

$418

P&I

Tax

Strata

Down payment

$59,600 (20%)

Stress test this mortgage

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $59,600 down (20%) on $298,000, 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.

Detached	123	43.2%
Condo / Apartment	101	35.4%
Townhouse	50	17.5%
Duplex	6	2.1%
Land	5	1.8%

Under $5,000	10	3.5%
$10,000 to $14,999	5	1.8%
$15,000 to $19,999	10	3.5%
$20,000 to $24,999	10	3.5%
$25,000 to $29,999	15	5.3%
$30,000 to $34,999	10	3.5%
$35,000 to $39,999	10	3.5%
$40,000 to $44,999	15	5.3%
$45,000 to $49,999	15	5.3%
$50,000 to $59,999	20	7.0%
$60,000 to $69,999	30	10.5%
$70,000 to $79,999	15	5.3%
$80,000 to $89,999	15	5.3%
$90,000 to $99,999	10	3.5%
$100,000 to $124,999	30	10.5%
$125,000 to $149,999	25	8.8%
$150,000 to $199,999	20	7.0%
$200,000 and over	20	7.0%

Detached	123	43.2%
Condo / Apartment	101	35.4%
Townhouse	50	17.5%
Duplex	6	2.1%
Land	5	1.8%

Under $5,000	10	3.5%
$10,000 to $14,999	5	1.8%
$15,000 to $19,999	10	3.5%
$20,000 to $24,999	10	3.5%
$25,000 to $29,999	15	5.3%
$30,000 to $34,999	10	3.5%
$35,000 to $39,999	10	3.5%
$40,000 to $44,999	15	5.3%
$45,000 to $49,999	15	5.3%
$50,000 to $59,999	20	7.0%
$60,000 to $69,999	30	10.5%
$70,000 to $79,999	15	5.3%
$80,000 to $89,999	15	5.3%
$90,000 to $99,999	10	3.5%
$100,000 to $124,999	30	10.5%
$125,000 to $149,999	25	8.8%
$150,000 to $199,999	20	7.0%
$200,000 and over	20	7.0%

#303 – 1597 Midgard Avenue

#303 – 1597 Midgard Avenue

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