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#501 848 Yates St
Vi Downtown Victoria V8W 0G2

$425,000
Residential beds: 1 baths: 1.0 628 sq. ft. built: 2020

**VIrtually Staged**
Photo 1: #501 848 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 1053417
Photo 2: #501 848 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 1053417
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Photo 38: #501 848 Yates St in Victoria: Vi Downtown Condo for sale : MLS®# 1053417
Status:
Active
Prop. Type:
Residential
MLS® Num:
1053417
Bedrooms:
1
Bathrooms:
1
Year Built:
2020
Welcome to Yates on Yates, a modern and sophisticated development completed in 2020, ideally located in the heart of downtown Victoria. This limited release 1 bed/1 bath home offers 628 sq ft of well-designed living space—perfect as a solid investment or a stylish place to call home. Step into a thoughtfully designed interior featuring European cabinetry, solid quartz countertops, and sleek one-piece backsplashes in the kitchen, creating a refined & contemporary feel throughout. Also includes: counter-depth Liebherr fridge, Fisher/Paykel induction cooktop, built-in oven, & panel front dishwasher drawer. Residents enjoy access to an impressive rooftop patio—an urban oasis complete with gas BBQs, a children’s play area, and a fenced dog run, all set against panoramic city views. Live steps from restaurants, shops, transit, & everything downtown has to offer. Whether you're a first-time buyer, downsizer, or investor, this home is the ideal blend of location, lifestyle, and lasting value.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2020 (Age: 6)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
628 sq. ft.
Listing General Location:
Vi Downtown, Victoria
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
628 sq. ft.
Kitchens:
1
Taxes:
Building Name:
The Yates on Yates
Building Type:
Other Level
Construction:
Concrete
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Other
Levels:
1
Number of Storeys:
20
Number of Buildings:
2
Ceiling Heights:
Floor finish:
Hardwood
Total Building Area:
628 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
628 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
1 sq. ft.
Patio Area:
34 sq. ft.
Fireplaces:
0
Laundry Features:
In House, In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Central Air
Heating:
Forced Air, Heat Pump
Fireplace:
No
Warranty:
Yes
Pending Date:
Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer
Closet Organizer, Dining/Living Combo, Storage
Vinyl Frames
Balcony
Bike Storage, Common Area, Elevator(s), Playground, Roof Deck, Secured Entry, Shared BBQ, Storage Unit
City
Between Quadra & Blanchard
Balcony, Separate Storage
Main Level
0
Buyer to verify - See Bylaws
Aquariums, Birds, Cats OK, Dogs OK, Size Limit
Buyer to verify - See Bylaws
Yes
Buyer to verify - See Bylaws
Yes
Buyer to verify - See Bylaws
Unrestricted
*No Short Term* Buyer to verify - See Bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Caretaker, Trash, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Sewer, Water
Association Fee Year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
Accessibility:
Accessible Entrance, No Step Entrance
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Utilities:
Garbage, Recycling
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Central Location, Easy Access, Recreation Nearby, Shopping Nearby
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
On Street, None
Total Parking Spaces:
0
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Oct 29, 2026
Original Price:
425000.0
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Listed by Macdonald Realty Victoria
Data was last updated November 1, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
179
Avg list price:
$525,000
Min list price:
$78,000
Max list price:
$7,495,000
Avg days on market:
53
Min days on market:
2
Max days on market:
597
Avg price per sq.ft.:
$768.77
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations. This data is not produced by the MLS® system.

Discover Your Urban Oasis: New Condos for Sale in Downtown Victoria, BC

Introduction:

Welcome to Downtown Victoria, where the vibrant cityscape meets the serene beauty of the Pacific Ocean. As a realtor, I am thrilled to present to you an exciting array of new condos for sale in this thriving metropolis. From modern architecture and luxurious amenities to convenient urban living and breathtaking views, these new condo developments offer the perfect blend of comfort, style, and location. Let's explore the allure of investing in a new condo in Downtown Victoria, BC.

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New condo developments in Downtown Victoria boast contemporary designs and innovative architecture. Featuring sleek lines, state-of-the-art construction, and energy-efficient technologies, these buildings redefine modern living. Floor-to-ceiling windows and open-concept layouts allow residents to enjoy panoramic views of the city skyline, Inner Harbour, and surrounding natural beauty.

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Indulge in a lifestyle of luxury and convenience with the abundant amenities offered by these new condos. From rooftop terraces and outdoor lounges to fitness centers, spas, and concierge services, every detail is designed to elevate your living experience. Whether you seek relaxation or entertainment, the amenities provided are sure to cater to your every need.

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Investing in a new condo in Downtown Victoria presents an excellent opportunity for both homeowners and investors. The city's robust real estate market, coupled with the ongoing development and growth in the area, ensures promising returns on investment. Moreover, with Victoria's status as a popular tourist destination, short-term rental options add to the potential income streams for condo owners.

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Conclusion:

As the allure of Downtown Victoria continues to grow, the opportunity to own a new condo in this dynamic urban center becomes increasingly appealing. With prime locations, modern architectural marvels, luxury amenities, and investment potential, these new condo developments offer the ultimate urban oasis for residents seeking a sophisticated and convenient lifestyle. If you are looking to invest in your dream home or a promising real estate venture, consider exploring the new condos for sale in Downtown Victoria, BC. Embrace the vibrant city life and the beauty of the Pacific Coast, all within the comfort of your new condo.

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.