Victoria Real Estate
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114 724 Sea Terr

$450,000

Victoria West

Townhouse2 bd · 1 ba · 850 sqftBuilt 1976$529/sqft32 days on market

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About this home

Welcome to Sea Terrace. Set beside Barnard Park and steps from the Songhees Walkway, this 2 bed, 1 bath condo offers an unbeatable Victoria West location with easy access to the waterfront, trails, and all the amenities the neighbourhood has to offer. Comfortable 2-storey living with private enclosed patio, perfect for gardening, relaxing, or entertaining. This is a fantastic opportunity to get into a well-located complex and make it your own. The main floor features open concept living and kitchen equipped with an electric range and fridge. Upstairs are 2 bright bedrooms. This pet friendly complex (no size restrictions) includes parking, storage, 2 common laundry areas, a billiards table, and secure bike storage. Located minutes from Westside Village shopping, cafes, restaurants, parks, transit and just a short stroll to West Bay Marina and downtown Victoria. A great opportunity for buyers looking to add value in a prime location. (id:65179)

Property details

From the listing's public record.

Lot size

1,078 square feet

Year built

1976

Taxes

$2,548/yr

Strata / HOA

$470/month

Zoning

Multi-Family

Appliances

RefrigeratorRange - Electric

Heating

Baseboard heatersElectric

Parking

Open

Lot

Curb & gutter

Community

Family OrientedPets Allowed

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jun 18, 2026

    Listed $450,000

    Active32 days on marketMLS 1040064
  2. Sep 15, 1995

    $126,000

    Sold366 days on marketMLS 87169

How this listing compares

Based on 18 sales in Victoria West

Median sold

$895,000

Avg days on market

23 days

Avg sale-to-list

99.3%

Avg $/sqft

$645

Price per square foot

This home: $529/sqftArea average: $645/sqft

Below area average

Current market in Victoria West

Active (same type)

13

Pending

2

All active listings

52

Months of supply

8.7

Buyer's market8.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$512,500

Homes in Victoria West sell at 100.4% of assessed value on average.

Based on 22 recent sales.

Local price trend

How Victoria West has moved over the last decade.

376467559Mar 2018Jun 2021May 2026

Local price index (normalized) · 8 months

Recent nearby sales

8 sales
  • 11-333 Robert St

    $597,000

    2 bd · 3 ba · 1,504 sqft · $397/sqft · 24 days on market

    Sold May 20, 2026 · 99.5% of list

  • 7-505 Dalton St

    $690,000

    2 bd · 2 ba · 1,623 sqft · $425/sqft · 9 days on market

    Sold May 14, 2026 · 98.6% of list

  • 10-33 Songhees Rd

    $1,000,000

    3 bd · 3 ba · 1,974 sqft · $507/sqft · 21 days on market

    Sold May 6, 2026 · 95.2% of list

  • 2-630 Seaforth St

    $1,290,000

    2 bd · 3 ba · 2,057 sqft · $627/sqft · 8 days on market

    Sold May 4, 2026 · 100.1% of list

  • 116-724 Sea Terr

    $560,000

    3 bd · 1 ba · 936 sqft · $598/sqft · 28 days on market

    Sold May 1, 2026 · 94.1% of list

  • 11-864 Central Spur Rd

    $1,100,000

    3 bd · 3 ba · 1,443 sqft · $762/sqft · 7 days on market

    Sold Mar 16, 2026 · 102.9% of list

  • 11-230 Wilson St

    $449,000

    1 bd · 1 ba · 531 sqft · $846/sqft · 51 days on market

    Sold Feb 3, 2026 · 100% of list

  • 126-75 Songhees Rd

    $1,475,000

    4 bd · 4 ba · 3,058 sqft · $482/sqft · 81 days on market

    Sold Jan 26, 2026 · 98.4% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$450,000 − $90,000

$360,000

Down payment

20.0%

$90,000

Property Transfer Tax

$7,000

Legal / closing (est.)

$1,500

Cash to close

$98,500

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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