704 225 Belleville St
$960,000
James Bay
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About this home
Set on the seventh floor of Laurel Point, this 1,454 sq ft corner home offers two bedrooms, two bathrooms, and views over Victoria’s Inner Harbour, the city skyline, and the hills beyond. The living and dining area is large, bright, and open, with plenty of room for both everyday living and entertaining. The primary bedroom is a proper retreat, with a walk-in closet and a four-piece ensuite. The second bedroom shares the same western exposure and views. A second four-piece bathroom and in-suite laundry round out the home. Step out to the private balcony and the harbour is right there, the kind of view that made you fall in love with Victoria in the first place. Add a social lounge, fitness room, workshop, secured underground parking, and storage locker, and very little is left to ask for. Outside, the James Bay neighbourhood delivers. The harbour walkway and Laurel Point Park are steps from your door, with Fisherman’s Wharf and downtown Victoria within easy reach. (id:65179)
Property details
From the listing's public record.
Lot size
1,565 square feet
Year built
1980
Taxes
$5,726/yr
Strata / HOA
$1,090/month
Zoning
Multi-Family
View
Appliances
Heating
Parking
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 8, 2026
Listed $960,000
Active17 days on marketMLS 1051570Jun 7, 2011
Listed $698,800
Expired86 days on marketMLS 574589
How this listing compares
Based on 76 sales in James BayMedian sold
$735,000
Avg days on market
48 days
Avg sale-to-list
97.1%
Avg $/sqft
$656
Price per square foot
Above area average
Current market in James Bay
Active (same type)
37
Pending
24
All active listings
74
Months of supply
5.8
Balanced market — 5.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,012,000
Homes in Victoria sell at 64016.4% of assessed value on average.
Based on 528 recent sales.
Local price trend
How James Bay has moved over the last decade.
Local price index (normalized) · 118 months
Recent nearby sales
12 sales502-636 Montreal St
$1,180,000
2 bd · 2 ba · 2,067 sqft · $571/sqft · 106 days on market
Sold Aug 14, 2026 · 102.6% of list
307-200 Douglas St
$679,000
1 bd · 1 ba · 718 sqft · $946/sqft · 16 days on market
Sold Aug 5, 2026 · 99.1% of list
203-636 Montreal St
$825,000
2 bd · 2 ba · 1,284 sqft · $643/sqft · 139 days on market
Sold Aug 4, 2026 · 97.1% of list
205-640 Michigan St
$735,000
2 bd · 2 ba · 905 sqft · $812/sqft · 33 days on market
Sold Jul 31, 2026 · 98.1% of list
107-420 Parry St
$565,000
2 bd · 2 ba · 1,196 sqft · $472/sqft · 11 days on market
Sold Jul 30, 2026 · 98.3% of list
627-21 Dallas Rd
$855,000
2 bd · 2 ba · 1,227 sqft · $697/sqft · 11 days on market
Sold Jul 30, 2026 · 100.6% of list
201-640 Montreal St
$799,900
2 bd · 2 ba · 1,991 sqft · $402/sqft · 21 days on market
Sold Jul 27, 2026 · 100% of list
206-530 Michigan St
$585,000
1 bd · 1 ba · 627 sqft · $933/sqft · 25 days on market
Sold Jul 23, 2026 · 97.5% of list
807-225 Belleville St
$885,000
2 bd · 2 ba · 1,287 sqft · $688/sqft · 70 days on market
Sold Jul 21, 2026 · 93.2% of list
714-21 Dallas Rd
$765,000
1 bd · 1 ba · 1,010 sqft · $757/sqft · 36 days on market
Sold Jul 20, 2026 · 97.5% of list
705-620 Toronto St
$560,000
2 bd · 1 ba · 900 sqft · $622/sqft · 56 days on market
Sold Jul 16, 2026 · 96.7% of list
1005-250 Douglas St
$515,000
1 bd · 1 ba · 803 sqft · $641/sqft · 71 days on market
Sold Jul 15, 2026 · 95.5% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$960,000 − $192,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$210,700
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 eXp Realty