Victoria Real Estate
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525 Simcoe St

$1,599,000

James Bay

Detached6 bd · 3 ba · 2,506 sqftBuilt 1946$638/sqft2 days on market

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About this home

Stunning 6-bedroom James Bay character home with a LEGAL 3-bedroom suite! Located in one of Victoria’s most walkable locations—steps to Thrifty Foods, Parliament Buildings, Beacon Hill Park, Dallas Road, Inner Harbour and Downtown. Extensively renovated with updated plumbing, electrical and heating, including 2 new heat pumps with A/C. The main home offers 3 bedrooms, 9’ ceilings, oak hardwood floors throughout and a cozy living room with gas fireplace. The brand-new kitchen features a built-in Fisher & Paykel fridge, commercial induction range and Taj Mahal quartzite countertops. The primary ensuite includes new windows, walk-in shower and quartz vanity. The bright, airy legal suite offers excellent flexibility and income helper. A separate studio is ideal as office, media room or workshop. Attic access offers future potential for extra living space. Enjoy a private backyard patio and mature low-maintenance landscaping—character, comfort and Victoria’s coastal lifestyle at its best! (id:65179)

Property details

From the listing's public record.

Lot size

4,720 square feet

Year built

1946

Taxes

$4,935/yr

Zoning

Residential

Appliances

WasherRefrigeratorDishwasherDryerMicrowaveRange - Induction

Heating

Heat PumpBaseboard heatersElectricNatural gas

Cooling

Fully air conditionedAir Conditioned

Parking

Stall

Style

Character

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jun 27, 2026

    Listed $1,599,000

    Active2 days on marketMLS 1034937
  2. May 9, 2024

    $915,000

    Sold59 days on marketMLS 952593

How this listing compares

Based on 18 sales in James Bay

Median sold

$1,470,000

Avg days on market

44 days

Avg sale-to-list

97.7%

Avg $/sqft

$553

Price per square foot

This home: $638/sqftArea average: $553/sqft

Above area average

Current market in James Bay

Active (same type)

13

Pending

3

All active listings

79

Months of supply

8.7

Buyer's market8.7 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,354,000

Homes in Victoria sell at 102.2% of assessed value on average.

Based on 248 recent sales.

Local price trend

How James Bay has moved over the last decade.

6080100Jul 2016Jun 2021May 2026

Local price index (normalized) · 119 months

Recent nearby sales

8 sales
  • A2-1 Dallas Rd

    $639,000

    2 bd · 2 ba · 2,008 sqft · $318/sqft · 254 days on market

    Sold Apr 21, 2026 · 91.4% of list

  • 126 Ladysmith St

    $869,000

    3 bd · 1 ba · 2,168 sqft · $401/sqft · 10 days on market

    Sold Apr 1, 2026 · 97.7% of list

  • 222 Dallas Rd

    $2,850,000

    5 bd · 4 ba · 3,709 sqft · $768/sqft · 40 days on market

    Sold Mar 27, 2026 · 95% of list

  • 516 Simcoe St

    $960,000

    2 bd · 2 ba · 2,282 sqft · $421/sqft · 26 days on market

    Sold Mar 3, 2026 · 98.1% of list

  • 584 Marifield Ave

    $1,150,000

    2 bd · 2 ba · 2,472 sqft · $465/sqft · 12 days on market

    Sold Feb 26, 2026 · 104.5% of list

  • 126 Rendall St

    $988,000

    3 bd · 2 ba · 1,100 sqft · $898/sqft · 13 days on market

    Sold Feb 19, 2026 · 99% of list

  • 606 Niagara St

    $1,465,000

    3 bd · 2 ba · 3,362 sqft · $436/sqft · 37 days on market

    Sold Feb 17, 2026 · 100% of list

  • 50 South Turner St

    $1,480,000

    4 bd · 3 ba · 2,815 sqft · $526/sqft · 22 days on market

    Sold Jan 2, 2026 · 98.8% of list

More on this listing

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