About this home

OPEN HOUSE Sat 1-3pm. The Penthouse at the Royale. Enjoy this spacious 3 Bed, 2 Bath over 1250 sqft unit with a Southfacing deck and 5 Parking Spots. MOVE IN READY redefining modern living. Property Transfer Exempt and GST for some buyers. Nestled in a prime location, The Royale seamlessly blends contemporary design w/ timeless elegance. Beautiful one, two, and three bedroom homes that are thoughtfully designed w/high-end finishes, spacious layouts, high ceilings & private patios. Premium details include stainless steel Samsung appliances, High end fixtures, and wide plank flooring. Secured underground parking, AC, Rooftop Patio. Situated in the vibrant community of View Royal and situated just minutes from parks, beaches, schools, shopping, Vic General Hospital, & the convenience of a boutique commercial space right on the ground floor. Experience the perfect balance of urban accessibility & the natural beauty of Vancouver Island. Strata fees covering both heat & AC. *Price+GST. OPEN HOUSE SAT 1-3PM.

Property details

3

Beds

2 full

Baths

1,257 ft²

Floor area

1,702 ft²

Lot size

2025

Year built

5

Parking

$457/mo

Strata fee

$5,352/yr

Gross tax

Location & structure

Single Family

Type

View Royal

Area

Listed

June 25, 2026

Structure

Apartment

PID

032-466-480

Property highlights

Ocean view

Mountain view

City view

Rooftop deck

Patio

Underground parking

Features & inclusions

Appliances

Washer, Refrigerator, Dishwasher, Dryer, Microwave

Heating

Heat Pump, Forced air

Cooling

Fully air conditioned, Air Conditioned

Parking

Underground

Lot

Southern exposure

Community

Family Oriented, Pets Allowed With Restrictions

Additional details

Common interest

Condo/Strata

Property analysisScored Jul 18

Buyer view7–10 year horizon

Weak on price history

$1,060,000 is 62.5% above the Lower Mainland Apartment HPI benchmark of $652,200 (2026-04-01).

On a 7 to 10 year hold, area appreciation vs current entry price matters most.

Weak value signals, score 15.2 of 100Based on 6 of 9 signals · score likely 0 to 36.7

Area benchmark trend

Lower Mainland composite benchmark price (GVR MLS® HPI), last 12 months

Price comparisons use asking prices from nearby active and recently removed listings. Sold prices are not available through public listing feeds.

Scores weight nine signals across price, market, carrying cost, and location data. Sources: BCRES listing feed, GVR MLS® HPI, TransLink, BC Geographic Warehouse, Vancouver Open Data, Statistics Canada (2021 Census). One input among many, not advice.

Nearby & Commute

21 min

walk to Thrifty Foods Admirals Walk

21 min

bike to West Bay/Esquimalt

1h 11m

walk to West Bay/Esquimalt

3h 48m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 40%

Financial overview

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

Monthly ownership costs

Estimated monthly total

Calculated estimate

$5,956

Principal and interest

Calculated estimate

$4,903

Property tax

Listing data

$446/mo

Strata fee

Listing data

$457/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,060,000

Down payment

Calculated estimate

$212,000 (20%)

Estimated mortgage

Calculated estimate

$848,000

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

$5,956

/mo

Rate

%

Amortization

Principal and interest

$4,903

Property tax

$446

Strata fee

$457

P&I

Tax

Strata

Down payment

$212,000 (20%)

Stress test this mortgage

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $212,000 down (20%) on $1,060,000, 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	66	40.5%
Condo / Apartment	44	27.0%
Townhouse	19	11.7%
Land	17	10.4%
Mobile home	10	6.1%
Other	7	4.3%

Under $5,000	10	2.8%
$15,000 to $19,999	10	2.8%
$20,000 to $24,999	15	4.2%
$25,000 to $29,999	10	2.8%
$30,000 to $34,999	10	2.8%
$35,000 to $39,999	15	4.2%
$40,000 to $44,999	10	2.8%
$45,000 to $49,999	15	4.2%
$50,000 to $59,999	30	8.5%
$60,000 to $69,999	30	8.5%
$70,000 to $79,999	25	7.0%
$80,000 to $89,999	20	5.6%
$90,000 to $99,999	10	2.8%
$100,000 to $124,999	40	11.3%
$125,000 to $149,999	40	11.3%
$150,000 to $199,999	45	12.7%
$200,000 and over	20	5.6%

Detached	66	40.5%
Condo / Apartment	44	27.0%
Townhouse	19	11.7%
Land	17	10.4%
Mobile home	10	6.1%
Other	7	4.3%

Under $5,000	10	2.8%
$15,000 to $19,999	10	2.8%
$20,000 to $24,999	15	4.2%
$25,000 to $29,999	10	2.8%
$30,000 to $34,999	10	2.8%
$35,000 to $39,999	15	4.2%
$40,000 to $44,999	10	2.8%
$45,000 to $49,999	15	4.2%
$50,000 to $59,999	30	8.5%
$60,000 to $69,999	30	8.5%
$70,000 to $79,999	25	7.0%
$80,000 to $89,999	20	5.6%
$90,000 to $99,999	10	2.8%
$100,000 to $124,999	40	11.3%
$125,000 to $149,999	40	11.3%
$150,000 to $199,999	45	12.7%
$200,000 and over	20	5.6%

#603 – 258 Helmcken Road

#603 – 258 Helmcken Road

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