- Active
#703 – 848 Yates Street
Victoria · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 857
- Built
- 2020
Listed by Royal LePage Coast Capital - Westshore · MLS® 1049544
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Sign inAbout this home
Vacant, beautifully refreshed, and ready for immediate possession, this exceptional residence is completely move-in ready and primed for a swift, seamless closing. Simply turn the key and start enjoying sophisticated urban living from day one. Welcome to Unit 703 at Yates on Yates — a remarkably bright, sleek, and modern 2-bedroom, 2-bathroom home offering 857 sq. ft. of thoughtfully designed, open-concept living space right in the vibrant heart of Victoria. Having undergone recent premium updates, the interior shines with elegance and care. Highlights include brand-new luxury flooring, crisp new baseboards and refined trim throughout, and a complete professional repainting—including the seamless painting over of the bedroom accent wall to create a serene, cohesive aesthetic. The contemporary gourmet kitchen serves as the natural heart of the home, beautifully appointed with high-end built-in appliances, extensive custom cabinetry, and a generous central island that opens effortlessly into the light-filled living and dining area. Floor-to-ceiling windows flood the home with rich natural light while capturing sweeping city views. Step out onto your private balcony to enjoy your own peaceful outdoor oasis high above the streetscape. The tranquil primary bedroom suite offers a private sanctuary complete with a luxurious ensuite featuring a sleek glass-enclosed shower. A second full bathroom with a deep soaking tub and convenient in-suite laundry round out this exceptionally functional floor plan. Beyond your front door, residents gain exclusive access to the building’s signature rooftop deck, perfect for entertaining or relaxing against breathtaking panoramic backdrops. Ideally situated just steps from Victoria’s finest boutique shops, artisan cafés, world-class restaurants, and essential downtown amenities, this pristine home represents an unbeatable opportunity for discerning buyers and savvy investors alike.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 857 sq ft
- Lot size
- 998 sq ft
- Year built
- 2020
- Parking
- 1
- Property type
- Single Family
- Area
- Downtown
- Listed
- September 14, 2026
- Structure
- Apartment
- PID
- 031-217-761
- Common interest
- Condo/Strata
Highlights
- City view
- Rooftop deck
- Balcony
- In-suite laundry
Features and inclusions
- Appliances
- Washer, Refrigerator, Dryer, Microwave, Oven - Built-In
- Heating
- Heat Pump, Forced air
- Cooling
- Air Conditioned
- Parking
- Underground
- Community
- Family Oriented, Pets Allowed With Restrictions
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
- $3,317
- Property tax
- $200/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,667
Purchase snapshot
- List price
- $699,900
- Down payment
- $139,980 (20%)
- Estimated mortgage
- $559,920
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
- $3,959
- 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
For investors
As a rental
- Estimated rent
- $1,576 a month
- Gross yield
- 2.7%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
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
Condo / Apartment · 60%
Who lives here
Documents
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