Victoria Real Estate
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204 1580 Christmas Ave

$464,900

Mt Tolmie

Condo2 bd · 2 ba · 846 sqftBuilt 1996$550/sqft77 days on market

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About this home

Welcome to Unit 204 at 1580 Christmas Ave—a bright and inviting 2-bedroom corner condo perfectly positioned for students, young professionals, or savvy parents investing in their children's education. This move-in ready home offers an exceptional blend of comfort, convenience, and smart value. Bathed in natural light from multiple windows, this thoughtfully designed corner unit features a cozy corner gas fireplace, a functional kitchen with adjoining eating area, and a private balcony for year-round enjoyment in Victoria's mild climate. Practical features include in-suite laundry, secure underground parking, and separate storage. Located in a well-run, well-maintained strata within a solid building, this property offers peace of mind and long-term value. The building allows rentals with no age restrictions, providing flexibility for student tenants or investment income—making it particularly attractive to parents supporting students at nearby universities. The location is unbeatable for student living. Situated just minutes from the University of Victoria and convenient to Camosun College's Lansdowne campus, you're surrounded by everyday conveniences including Shelbourne Plaza, Tuscany Village, grocery stores, restaurants, cafes, and transit. Cedar Hill Recreation Centre and Mount Douglas Park with scenic trails are nearby, offering recreation and outdoor activities.Whether you're a parent investing in your student's education while building equity, a first-time buyer, downsizers, or investor seeking strong rental demand, this condo delivers. The proximity to both UVIC and Camosun ensures consistent rental appeal in one of Victoria's most sought-after student-friendly neighbourhoods. This is an exceptional opportunity. Act fast—gems like this don't last long! (id:65179)

Property details

From the listing's public record.

Lot size

915 square feet

Year built

1996

Taxes

$2,385/yr

Strata / HOA

$747/month

Zoning

Multi-Family

Appliances

WasherRefrigeratorDishwasherDryer

Heating

Baseboard heatersElectricNatural gas

Parking

Underground

Lot

Curb & gutterLevel lotCorner Site

Community

Family OrientedPets not Allowed

Price history

3 records

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

  1. May 7, 2026

    Listed $464,900

    Active77 days on marketMLS 1033931
  2. Jun 29, 2006

    $250,100

    Sold7 days on marketMLS 397325
  3. Aug 23, 2001

    $115,000

    Sold60 days on marketMLS 261751

How this listing compares

Based on 25 sales in Mt Tolmie

Median sold

$440,000

Avg days on market

54 days

Avg sale-to-list

96.6%

Avg $/sqft

$499

Price per square foot

This home: $550/sqftArea average: $499/sqft

Above area average

Current market in Mt Tolmie

Active (same type)

19

Pending

7

All active listings

31

Months of supply

9.1

Buyer's market9.1 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$477,000

Land

$368,000

Improvements

$109,000

Homes in Saanich East sell at 96.1% of assessed value on average.

Based on 252 recent sales.

Local price trend

How Mt Tolmie has moved over the last decade.

6697129Aug 2016Jul 2021Jun 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 204-1597 Midgard Ave

    $280,000

    1 bd · 1 ba · 631 sqft · $444/sqft · 64 days on market

    Sold Jul 20, 2026 · 93.4% of list

  • 403-1580 Christmas Ave

    $380,000

    1 bd · 1 ba · 668 sqft · $569/sqft · 77 days on market

    Sold Jul 15, 2026 · 97.5% of list

  • 302-1694 Cedar Hill Cross Rd

    $506,000

    2 bd · 2 ba · 1,038 sqft · $487/sqft · 56 days on market

    Sold Jul 7, 2026 · 93.9% of list

  • 105-1725 Cedar Hill Cross Rd

    $385,000

    1 bd · 1 ba · 1,156 sqft · $333/sqft · 16 days on market

    Sold Jun 24, 2026 · 96.2% of list

  • 303-3614 Richmond Rd

    $558,000

    1 bd · 2 ba · 865 sqft · $645/sqft · 70 days on market

    Sold Jun 12, 2026 · 95.4% of list

  • 208-1680 Poplar Ave

    $360,000

    1 bd · 1 ba · 842 sqft · $428/sqft · 72 days on market

    Sold Jun 5, 2026 · 96% of list

  • 301-1725 Cedar Hill Cross Rd

    $500,000

    2 bd · 1 ba · 1,150 sqft · $435/sqft · 40 days on market

    Sold May 29, 2026 · 96.2% of list

  • 301-1680 Poplar Ave

    $415,000

    1 bd · 1 ba · 907 sqft · $458/sqft · 18 days on market

    Sold May 15, 2026 · 97.9% of list

  • 218-1680 Poplar Ave

    $456,000

    2 bd · 1 ba · 960 sqft · $475/sqft · 33 days on market

    Sold May 8, 2026 · 94.2% of list

  • 202-1694 Cedar Hill Cross Rd

    $485,000

    1 bd · 2 ba · 985 sqft · $492/sqft · 11 days on market

    Sold Apr 1, 2026 · 97.4% of list

  • 209-1680 Poplar Ave

    $375,000

    1 bd · 1 ba · 808 sqft · $464/sqft · 37 days on market

    Sold Mar 31, 2026 · 93.8% of list

  • 304-1680 Poplar Ave

    $375,000

    1 bd · 1 ba · 785 sqft · $478/sqft · 14 days on market

    Sold Mar 16, 2026 · 94.9% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$464,900 − $92,980

$371,920

Down payment

20.0%

$92,980

Property Transfer Tax

$7,298

Legal / closing (est.)

$1,500

Cash to close

$101,778

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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