Victoria Real Estate
306 689 Bay St photo 1 of 31
1 / 31

306 689 Bay St

$469,000

Downtown

Condo1 bd · 1 ba · 805 sqftBuilt 1994$583/sqft2 days on market

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

About this home

Beautifully renovated and move-in ready, this bright 2-bed, 1-bath condo offers stylish finishes in an unbeatable downtown Victoria location. Fully renovated throughout, this turnkey home features a functional layout with a spacious primary bedroom and a versatile den ideal as a second bedroom, guest room, or home office. Enjoy the sunny south-facing balcony with peaceful city views. Located in a well-managed, fully remediated building, this home includes secure underground parking, a separate storage locker, and allows pets, rentals, barbecues, and residents of all ages. Just steps from downtown Victoria, the Galloping Goose Trail, shopping, restaurants, cafés, and transit, this is an exceptional opportunity for first-time buyers, professionals, downsizers, and investors. Photos have been virtually staged to illustrate different furnishing and layout options. (id:65179)

Property details

From the listing's public record.

Lot size

827 square feet

Year built

1994

Taxes

$2,436/yr

Strata / HOA

$406/month

Zoning

Multi-Family

View

City view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Baseboard heatersElectricNatural gas

Parking

Underground

Lot

Irregular lot size

Community

Family OrientedPets Allowed With Restrictions

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 8, 2026

    Listed $469,000

    Active2 days on marketMLS 1046437
  2. Aug 31, 2016

    $232,000

    Sold45 days on marketMLS 730228
  3. Jun 30, 2010

    $235,000

    Sold67 days on marketMLS 535263
  4. Jan 14, 2010

    Listed $243,900

    Expired90 days on marketMLS 523924
  5. Sep 28, 2006

    $205,000

    Sold70 days on marketMLS 403367

How this listing compares

Based on 292 sales in Downtown

Median sold

$500,000

Avg days on market

53 days

Avg sale-to-list

96.6%

Avg $/sqft

$668

Price per square foot

This home: $583/sqftArea average: $668/sqft

Below area average

Current market in Downtown

Active (same type)

181

Pending

50

All active listings

250

Months of supply

7.4

Buyer's market7.4 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$430,500

Homes in Victoria sell at 53245.9% of assessed value on average.

Based on 635 recent sales.

Local price trend

How Downtown has moved over the last decade.

5988117Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 1009-835 View St

    $280,000

    1 bd · 1 ba · 470 sqft · $596/sqft · 58 days on market

    Sold Jul 28, 2026 · 93.6% of list

  • 1804-845 Johnson St

    $355,000

    1 bd · 1 ba · 518 sqft · $685/sqft · 82 days on market

    Sold Jul 28, 2026 · 98.9% of list

  • S1104-737 Humboldt St

    $709,000

    2 bd · 2 ba · 961 sqft · $738/sqft · 60 days on market

    Sold Jul 27, 2026 · 100% of list

  • 1006-751 Fairfield Rd

    $515,000

    1 bd · 1 ba · 581 sqft · $886/sqft · 125 days on market

    Sold Jul 27, 2026 · 98.1% of list

  • 703-835 View St

    $280,000

    1 bd · 1 ba · 450 sqft · $622/sqft · 21 days on market

    Sold Jul 20, 2026 · 94.9% of list

  • 308-1035 Mcclure St

    $345,000

    1 bd · 1 ba · 745 sqft · $463/sqft · 26 days on market

    Sold Jul 20, 2026 · 98.6% of list

  • 305-648 Herald St

    $599,900

    1 bd · 2 ba · 1,038 sqft · $578/sqft · 39 days on market

    Sold Jul 17, 2026 · 100% of list

  • 307-555 Chatham St

    $470,000

    1 bd · 1 ba · 702 sqft · $670/sqft · 28 days on market

    Sold Jul 15, 2026 · 97.9% of list

  • 401-1060 Linden Ave

    $572,000

    2 bd · 1 ba · 1,095 sqft · $522/sqft · 13 days on market

    Sold Jul 15, 2026 · 100.5% of list

  • 214-599 Pandora Ave

    $350,000

    1 bd · 1 ba · 516 sqft · $678/sqft · 105 days on market

    Sold Jul 14, 2026 · 87.5% of list

  • 1104-777 Herald St

    $478,000

    1 bd · 1 ba · 649 sqft · $737/sqft · 37 days on market

    Sold Jul 9, 2026 · 98% of list

  • 606-1234 Wharf St

    $2,050,000

    3 bd · 3 ba · 3,068 sqft · $668/sqft · 82 days on market

    Sold Jul 9, 2026 · 85.6% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

$
%
$

Toggle to enter as % or $ — the other field updates automatically.

%

We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Estimate

Monthly mortgage

Enter a rate to see the payment.

Loan amount

$469,000 − $93,800

$375,200

Down payment

20.0%

$93,800

Property Transfer Tax

$7,380

Legal / closing (est.)

$1,500

Cash to close

$102,680

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.

Want a real rate?

Connect with a local mortgage broker for current rates and what you'd actually qualify for.

More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

Powered by REALTOR.caListed by eXp Realty