About this home

Bright, quiet, south-facing condo at The Reef, a steel-and-concrete building in Victoria’s waterfront neighbourhood. Enjoy SW ocean, mountain views from the spacious 18-ft balcony. Features include high ceilings, floor-to-ceiling windows, a natural gas fireplace, gas stove, in-suite laundry, and a spacious bedroom with a walk-in closet. Includes secure underground parking and separate storage. Pet-friendly building with no size restrictions, professional management, and a healthy contingency reserve fund. Excellent location across from Fisherman’s Wharf Park and the Inner Harbour, within walking distance of Ogden Point, Beacon Hill Park, restaurants, and waterfront pathways.

Home facts

Bedrooms: 1
Bathrooms: 1 full
Interior: 560 sq ft
Lot size: 721 sq ft
Year built: 2003
Parking: 1
Property type: Single Family
Fireplace: 1
Area: James Bay
Style: Westcoast
Listed: November 10, 2026
Structure: Apartment
PID: 025-852-213
Common interest: Condo/Strata

Highlights

Ocean view
Mountain view
Waterfront
City view
Balcony
In-suite laundry

Features and inclusions

Appliances: Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
Heating: Natural gas
Cooling: None
Parking: Underground
Lot: Curb & gutter, Other, Marine Oriented
Community: Family Oriented, Pets Allowed With Restrictions

Rooms and building

Water
Zoning: Residential

Listed by Fair Realty. Last updated Nov 10, 2026, 8:35 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.

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: $2,843
Property tax: $175/mo
Home insurance: $150/mo
Estimated monthly total: $3,168

Purchase snapshot

List price: $599,900
Down payment: $119,980 (20%)
Estimated mortgage: $479,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Red Barn Market16 min

Bike to Fisherman's Wharf1 min

Walk to Fisherman's Wharf2 min

Drive to downtown Vancouver3h 54m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 67%

Homes for sale nearby, by type

Condo / Apartment345 for sale

Detached70 for sale

Townhouse62 for sale

Land14 for sale

Other14 for sale

Duplex13 for sale

Active listings within 3 km of this home.

Homes built in Victoria, by type

High-rise apartment69.4% · 500

Low-rise apartment13.2% · 95

Single-detached4.9% · 35

Row house4.9% · 35

Movable dwelling4.2% · 30

Semi-detached3.5% · 25

Source: Statistics Canada, 2021 Census of Population. 720 dwellings.

Who lives here

Statistics Canada area 59170311 · Victoria

Median age: 63
Renter households: 45%
Average household size: 1.7
Median household income: $77,500

Population (2021): 1,188
Median rent: $1,800
Owner shelter cost: $1,330
30%+ of income on shelter: 37%
Owner households: 55%
Households with kids: 9%
Immigrants: 24%
Post-secondary: 68%
Average home value (2021): $916,000

Breakdown

Under $5,0001.4% · 10

$10,000 to $14,9991.4% · 10

$15,000 to $19,9992.1% · 15

$20,000 to $24,9994.2% · 30

$25,000 to $29,9993.5% · 25

$30,000 to $34,9994.2% · 30

$35,000 to $39,9994.9% · 35

$40,000 to $44,9993.5% · 25

$45,000 to $49,9993.5% · 25

$50,000 to $59,9999.0% · 65

$60,000 to $69,9997.6% · 55

$70,000 to $79,9998.3% · 60

$80,000 to $89,9995.6% · 40

$90,000 to $99,9994.9% · 35

$100,000 to $124,99911.1% · 80

$125,000 to $149,9998.3% · 60

$150,000 to $199,9999.0% · 65

$200,000 and over7.6% · 55

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170311.

#412 – 21 Erie Street

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