401 797 Tyee Rd
$685,000
Victoria West
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About this home
RARE TOP-FLOOR CORNER LIVING AT THE RAILYARDS. Bathed in natural light, this exceptional 2-bedroom home showcases soaring 10’ vaulted ceilings, dramatic oversized windows and a spacious, open feel. The true showstopper is the expansive, covered, south-facing wrap-around deck—an incredible extension of the living space perfect for sunny afternoons, relaxed barbecues and taking in the views. Embrace an active waterfront lifestyle with the Galloping Goose Trail, the Banfield Park Dock and Vic West Recreation Centre just steps away. Launch a paddleboard or kayak and explore the Gorge right from your own neighbourhood. Perfectly positioned across from an array of amenities, while downtown Victoria is an easy walk across the bridge. Enjoy the best of an urban lifestyle with the comfort and privacy of top-floor living. An exceptional blend of light, space, recreation and convenience in one of Victoria’s most desirable locations. Secure underground parking and storage locker included. (id:65179)
Property details
From the listing's public record.
Lot size
913 square feet
Year built
2007
Taxes
$3,609/yr
Strata / HOA
$522/month
Zoning
Multi-Family
Appliances
Heating
Parking
Lot
Style
Community
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 9, 2026
Listed $685,000
Active10 days on marketMLS 1048905Aug 20, 2020
$565,000
Sold14 days on marketMLS 843705Sep 16, 2011
$360,000
Sold9 days on marketMLS 581370Apr 8, 2010
Listed $385,000
Expired91 days on marketMLS 533805
How this listing compares
Based on 77 sales in Victoria WestMedian sold
$590,000
Avg days on market
41 days
Avg sale-to-list
97.3%
Avg $/sqft
$683
Price per square foot
Above area average
Current market in Victoria West
Active (same type)
27
Pending
6
All active listings
42
Months of supply
4.2
Balanced market — 4.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$637,500
Homes in Victoria West sell at 103.4% of assessed value on average.
Based on 128 recent sales.
Local price trend
How Victoria West has moved over the last decade.
Local price index (normalized) · 113 months
Recent nearby sales
12 sales505-369 Tyee Rd
$615,000
1 bd · 1 ba · 813 sqft · $756/sqft · 20 days on market
Sold Aug 25, 2026 · 94.6% of list
1014-160 Wilson St
$500,000
1 bd · 1 ba · 556 sqft · $899/sqft · 73 days on market
Sold Aug 24, 2026 · 92.6% of list
303-369 Tyee Rd
$927,000
2 bd · 2 ba · 1,365 sqft · $679/sqft · 25 days on market
Sold Aug 20, 2026 · 97.7% of list
304-767 Tyee Rd
$433,500
1 bd · 1 ba · 596 sqft · $727/sqft · 49 days on market
Sold Aug 20, 2026 · 97.4% of list
204-369 Tyee Rd
$615,000
1 bd · 1 ba · 889 sqft · $692/sqft · 94 days on market
Sold Aug 14, 2026 · 94.8% of list
507-369 Tyee Rd
$450,000
1 bd · 1 ba · 713 sqft · $631/sqft · 40 days on market
Sold Aug 14, 2026 · 93.8% of list
316-767 Tyee Rd
$450,000
1 bd · 1 ba · 568 sqft · $792/sqft · 29 days on market
Sold Aug 12, 2026 · 94.8% of list
406-90 Regatta Landing
$625,000
1 bd · 1 ba · 760 sqft · $822/sqft · 40 days on market
Sold Aug 10, 2026 · 96.9% of list
304-787 Tyee Rd
$415,000
1 bd · 1 ba · 588 sqft · $706/sqft · 18 days on market
Sold Aug 5, 2026 · 95% of list
105-785 Tyee Rd
$518,000
1 bd · 1 ba · 727 sqft · $713/sqft · 32 days on market
Sold Jul 14, 2026 · 94.2% of list
203-379 Tyee Rd
$800,000
2 bd · 2 ba · 1,128 sqft · $709/sqft · 52 days on market
Sold Jul 6, 2026 · 97% of list
109-797 Tyee Rd
$630,000
2 bd · 2 ba · 973 sqft · $647/sqft · 39 days on market
Sold Jul 2, 2026 · 97% of list
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Loan amount
$685,000 − $137,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$150,200
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 Newport Realty Ltd.