
306 689 Bay St
$469,000
Downtown
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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
Appliances
Heating
Parking
Lot
Community
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 8, 2026
Listed $469,000
Active2 days on marketMLS 1046437Aug 31, 2016
$232,000
Sold45 days on marketMLS 730228Jun 30, 2010
$235,000
Sold67 days on marketMLS 535263Jan 14, 2010
Listed $243,900
Expired90 days on marketMLS 523924Sep 28, 2006
$205,000
Sold70 days on marketMLS 403367
How this listing compares
Based on 292 sales in DowntownMedian sold
$500,000
Avg days on market
53 days
Avg sale-to-list
96.6%
Avg $/sqft
$668
Price per square foot
Below area average
Current market in Downtown
Active (same type)
181
Pending
50
All active listings
250
Months of supply
7.4
Buyer's market — 7.4 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.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales1009-835 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?
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Monthly mortgage
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Loan amount
$469,000 − $93,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.