518 200 Tyee Rd
$875,900
Victoria West
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About this home
Suite 518 is a 2 bed / 2 bath suite. Parking avail to rent. Ev Ready. Welcome to Opal Victoria—an exceptional collection of 48 pre-sale condominiums now for sale within a 160-suite luxury seniors' community in the heart of Songhees. Designed for adults 65+, with flexibility for a younger spouse or intergenerational living, Opal offers independent living with the option to transition seamlessly into licensed care. Just steps from the waterfront walkway and downtown, yet set apart by the Johnson Street Bridge, Opal is surrounded by ocean access and mountain views in a resort-like setting located at the corner of Tyee and Kimta Roads. Enjoy 30,000 sq ft of amenities including a rooftop Sky lounge with fire bowls, farm-to-table herb gardens, theatre, movement studio, salon, 24-hour concierge, and more. Save on Foods and additional shops and services are just three blocks away. Live well today and into the future. Presentation Centre now open. (id:65179)
Property details
From the listing's public record.
Lot size
720 square feet
Taxes
$1/yr
Strata / HOA
$360/month
Zoning
Residential
Appliances
Heating
Cooling
Community
How this listing compares
Based on 84 sales in Victoria WestMedian sold
$583,357
Avg days on market
39 days
Avg sale-to-list
97.5%
Avg $/sqft
$683
Price per square foot
Above area average
Current market in Victoria West
Active (same type)
27
Pending
7
All active listings
41
Months of supply
3.9
Seller's market — 3.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Victoria West sell at 103.3% of assessed value on average.
Based on 145 recent sales.
Local price trend
How Victoria West has moved over the last decade.
Local price index (normalized) · 113 months
Recent nearby sales
12 sales304-767 Tyee Rd
$433,500
1 bd · 1 ba · 596 sqft · $727/sqft · 49 days on market
Sold Aug 20, 2026 · 97.4% of list
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
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
1116-160 Wilson St
$725,000
2 bd · 2 ba · 1,063 sqft · $682/sqft · 13 days on market
Sold Jun 29, 2026 · 100% of list
706-325 Maitland St
$480,000
2 bd · 1 ba · 967 sqft · $496/sqft · 89 days on market
Sold Jun 26, 2026 · 96% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$875,900 − $175,180
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$192,198
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 Real Broker B.C. Ltd.