Victoria Real Estate
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103 258 Helmcken Rd

$550,000

View Royal

Condo— · — · —Built 202515 days on market

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About this home

This is a rare opportunity to secure a brand new 1,100+/- sq ft ground floor strata retail/cafe/store space at The Royale, a newly built mixed-use development located at 258 Helmcken Road in View Royal. Next to a Dentist and Veterinary Hospital and positioned at the prominent intersection of Helmcken Road and Island Highway, the property offers excellent visibility and strong daily traffic connecting the Western Communities with downtown Victoria. The site is surrounded by an established residential neighbourhood and 55 condominium units directly above the commercial space, creating a built-in customer base. Many units are already pre-sold or occupied, supporting the retail component. The property is also close to key amenities including Victoria General Hospital, the Trans-Canada Highway, and major commercial centres. Zoning Uses: Café, Medical Clinic, Neighbourhood Grocery, Residential, Apartment. (id:65179)

Property details

From the listing's public record.

Lot size

1,107 square feet

Year built

2025

Taxes

$49,040/yr

Strata / HOA

$1,021/month

Zoning

Unknown

View

City view

Lot

Corner Site

Security

Sprinkler System-FireFire alarm system

How this listing compares

Based on 28 sales in View Royal

Median sold

$564,950

Avg days on market

56 days

Avg sale-to-list

99.6%

Avg $/sqft

$700

Current market in View Royal

Active (same type)

21

Pending

3

All active listings

28

Months of supply

9

Buyer's market — 9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Homes in View Royal sell at 98% of assessed value on average.

Based on 50 recent sales.

Local price trend

How View Royal has moved over the last decade.

196273351Nov 2016Jan 2022Jul 2026

Local price index (normalized) · 72 months

Recent nearby sales

9 sales
  • 201-1450 Glentana Rd

    $624,000

    2 bd · 2 ba · 1,095 sqft · $570/sqft · 14 days on market

    Sold Aug 14, 2026 · 99.1% of list

  • 508-1450 Glentana Rd

    $570,000

    2 bd · 2 ba · 787 sqft · $724/sqft · 22 days on market

    Sold Aug 11, 2026 · 98.3% of list

  • 603-258 Helmcken Rd

    $1,061,400

    3 bd · 2 ba · 1,731 sqft · $613/sqft

    Sold Jul 30, 2026 · 106.2% of list

  • 105-167 Island Hwy

    $584,900

    1 bd · 1 ba · 752 sqft · $778/sqft · 202 days on market

    Sold Jul 22, 2026 · 100.9% of list

  • 510-167 Island Hwy

    $629,900

    1 bd · 1 ba · 1,036 sqft · $608/sqft · 189 days on market

    Sold Jul 15, 2026 · 100% of list

  • 501-258 Helmcken Rd

    $675,000

    2 bd · 2 ba · 1,083 sqft · $623/sqft · 29 days on market

    Sold Jul 15, 2026 · 100% of list

  • 106-280 Island Hwy

    $385,000

    1 bd · 1 ba · 750 sqft · $513/sqft · 14 days on market

    Sold Jun 30, 2026 · 98.7% of list

  • 306-167 Island Hwy

    $559,900

    1 bd · 1 ba · 631 sqft · $887/sqft · 5 days on market

    Sold Apr 30, 2026 · 100% of list

  • 605-258 Helmcken Rd

    $749,000

    2 bd · 2 ba · 935 sqft · $801/sqft · 41 days on market

    Sold Apr 28, 2026 · 99.9% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$550,000 − $110,000

$440,000

Down payment

20.0%

$110,000

Property Transfer Tax

$9,000

Legal / closing (est.)

$1,500

Cash to close

$120,500

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

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