221 Skinner St
$798,000
Victoria West
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About this home
Exceptional value! Priced $144K below assessed value, this 3-4 bdrm, 2bth property offers outstanding potential in sought-after Vic West, minutes from downtown, the Galloping Goose Trail, Vic West Village, schools, parks & shopping. An ideal holding property with exciting future development potential. Explore possibilities including a front-to-back duplex with suite potential on either side, townhomes, or other higher-density housing options (buyer to verify). Maximize the opportunity by purchasing the neighbouring property at 225 Skinner (MLS® 1037232), offered separately, creating an exceptional land assembly opportunity. Enjoy a sunny, fenced backyard with 2 decks plus 2 parking stalls. Select photos have been digitally enhanced and virtually staged to illustrate the property's potential. Rarely does a property offering this combination of value, location & future potential become available at this price. Buyers to complete their own due diligence regarding development potential. (id:65179)
Property details
From the listing's public record.
Lot size
5,544 square feet
Year built
1909
Taxes
$4,738/yr
Strata / HOA
$0/month
Zoning
Residential
Appliances
Heating
Lot
Style
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 11, 2026
Listed $798,000
Active9 days on marketMLS 1042440Jun 19, 2014
Listed $369,888
Expired71 days on marketMLS 675147Jan 24, 2014
$285,000
Sold175 days on marketMLS 647540
How this listing compares
Based on 26 sales in Victoria WestMedian sold
$1,189,500
Avg days on market
34 days
Avg sale-to-list
99.7%
Avg $/sqft
$492
Price per square foot
Above area average
Current market in Victoria West
Active (same type)
4
Pending
4
All active listings
52
Months of supply
1.8
Seller's market — 1.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$942,000
Homes in Victoria West sell at 103.6% of assessed value on average.
Based on 25 recent sales.
Local price trend
How Victoria West has moved over the last decade.
Local price index (normalized) · 6 months
Recent nearby sales
10 sales938 Hereward Rd
$749,000
4 bd · 1 ba · 1,851 sqft · $405/sqft · 29 days on market
Sold Jul 16, 2026 · 97.4% of list
515/517 Wilson St
$1,208,000
6 bd · 3 ba · 2,624 sqft · $460/sqft · 51 days on market
Sold Jul 15, 2026 · 100.8% of list
650 Wilson St
$950,000
4 bd · 2 ba · 1,824 sqft · $521/sqft · 14 days on market
Sold Jul 2, 2026 · 100% of list
404 Henry St
$1,628,000
4 bd · 2 ba · 2,660 sqft · $612/sqft · 19 days on market
Sold Jun 30, 2026 · 98.7% of list
815 Hereward Rd
$1,060,000
4 bd · 2 ba · 1,899 sqft · $558/sqft · 34 days on market
Sold Jun 8, 2026 · 96.4% of list
720 Sea Terr
$1,628,000
5 bd · 3 ba · 3,384 sqft · $481/sqft · 53 days on market
Sold Jun 4, 2026 · 95.8% of list
602 Craigflower Rd
$745,000
3 bd · 1 ba · 1,360 sqft · $548/sqft · 13 days on market
Sold May 28, 2026 · 99.3% of list
655 Rothwell St
$929,800
3 bd · 2 ba · 1,167 sqft · $797/sqft · 27 days on market
Sold May 15, 2026 · 95% of list
503 William St
$915,000
4 bd · 2 ba · 1,697 sqft · $539/sqft · 15 days on market
Sold Apr 28, 2026 · 97.4% of list
720 Alston St
$1,280,000
5 bd · 4 ba · 2,421 sqft · $529/sqft · 46 days on market
Sold Jan 22, 2026 · 98.5% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$798,000 − $159,600
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$175,060
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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Interested in this home?
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Listed by eXp Realty