#306 – 689 Bay St, Victoria
Downtown · Condo Apartment · MLS® 1046437 · Listed Aug 8, 2026
New Price! Beautifully renovated and move-in ready, this 805 sq. ft. 2bed (1bed plus den), 1-bath condo offers stylish finishes in an unbeatable downtown Victoria location. The thoughtfully designed layout features a generous 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.
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 805 sqft |
| Lot Size | 827 sqft (0.02 acres) |
| Lot Features | Irregular Lot |
| Parking | 1 space |
| Year Built | 1994 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Natural Gas |
| Exterior | Cement Fibre, Frame Wood |
| Roof | Asphalt Rolled |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Linoleum |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $2,436.08 (2026) |
| Strata Fee | $406/mo |
| Pets | Cats OK, Dogs OK |
| Building Stories | 4 |
| Parking Type | Underground |
| Amenities | Bike Storage, Elevator(s) |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1046437 |
| Brokerage | eXp Realty |
692 homes sold in Downtown in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
692 homes sold in Downtown in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
free account · one email · no obligation · already a member? log in
Similar properties sold within 6 months
692 sales in Downtown in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
692 sales in Downtown in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Downtown condo averages, updated daily. See Downtown market stats or Victoria market stats.
It is listed at $449,900.
A Condo Apartment in Downtown, Victoria with 2 bedrooms, 1 bathrooms, 805 sqft, built in 1994.
It has 1 parking space (Underground).
The lot is 827 sqft (0.02 acres).
#306 – 689 Bay St, Victoria was originally listed at $469,000, then reduced to $449,900 (4.1% reduction).
Victoria is currently a balanced market: median sold price $510,000, 5.3 months of inventory, homes typically selling in about 49 days.
There are 151 condos for sale in Downtown right now. Browse all Downtown condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Downtown is $510,000, based on 692 sales over the past 12 months. The median price per square foot is $752. Compare asking prices across the condos currently for sale in Downtown.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 23, 2026.
