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Condos for Sale Victoria, BC under 500 000

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515 515 Chatham St
Vi Downtown Victoria V8T 0C8

$424,900
Residential beds: 1 baths: 1.0 452 sq. ft. built: 2020

Main Photo: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 1: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 2: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 3: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 4: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 5: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 6: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 7: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 8: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 9: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 10: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 11: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 12: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 13: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 14: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 15: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Photo 16: 515 515 Chatham St in Victoria: Vi Downtown Condo for sale : MLS®# 1014054
Status:
Active
Prop. Type:
Residential
MLS® Num:
1014054
Bedrooms:
1
Bathrooms:
1
Year Built:
2020
Welcome to Ironworks, a modern condo situated in the heart of Victoria's vibrant and colourful Old Town district. This top-floor suite offers stunning views of the Gorge waterway and features open-concept living and dining space that flows into a contemporary kitchen. The kitchen boasts premium appliances, quartz countertops, a unique backsplash, dual-tone cabinetry, and open shelving. Inside, you'll find convenient in-suite laundry and a beautiful 3-piece bathroom with sleek, matte black fixtures and a rain shower head. Step outside your door and you're just moments from the city's best restaurants, cafes, shops, markets, and nightlife. You'll also have access to the building's spacious private courtyard with lush greenery, providing a peaceful retreat from the downtown bustle.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2020 (Age: 5)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
452 sq. ft.
Listing General Location:
Vi Downtown, Victoria
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
452 sq. ft.
Kitchens:
1
Taxes:
Building Type:
Top Level
Construction:
Frame Wood, Metal Siding, Other
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
1
Number of Storeys:
5
Number of Buildings:
1
Ceiling Heights:
Floor finish:
Laminate, Tile
Total Building Area:
452 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:
452 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, F/S/W/D, Microwave, Oven/Range Electric, Range Hood
Blinds, Vinyl Frames
Balcony, Parking Stall, Separate Storage
Main Level
0
Please confirm with Bylaws.
Cats OK, Dogs OK
2 dogs or 2 cats or 1 of each. Please confirm with Bylaws.
Yes
Propane or electric. Please confirm with Bylaws.
Yes
No Smoking. Please confirm with Bylaws.
Unrestricted
Please confirm with 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 Year:
2025
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
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
Exposure / Faces:
North
Layout:
Condo
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Underground
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
Sep 16, 2025
Original Price:
424900.0
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Listed by Rennie & Associates Realty Ltd.
Data was last updated October 22, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
222
Avg list price:
$549,250
Min list price:
$25,000
Max list price:
$3,650,000
Avg days on market:
47
Min days on market:
1
Max days on market:
505
Avg price per sq.ft.:
$823.23
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.

Condos for sale Victoria BC under 500 000


Victoria, British Columbia is a city that offers an exceptional quality of life. With its mild climate, stunning natural beauty, and thriving arts and culture, it's no wonder so many people are attracted to this city. When you're in the Victoria condo market, you'll find a wide variety of options available to suit every budget and lifestyle. In this article, we take a closer look at his $400,000 to $500,000 apartment listings in Victoria, British Columbia.

A popular option in this price range is the Mondrian, a sleek, modern hotel in the heart of downtown Victoria. Mondrian's one and two bedroom units feature open floor plans, large windows and quality finishes. In-building amenities include a fitness center, secure underground parking and a rooftop terrace with stunning city views.

Another option in this price range is the Escher, a luxury hotel located right on Victoria's Inner Harbour. Escher's units feature contemporary finishes, gourmet kitchens, and spacious balconies with stunning city and sea views. In-building amenities include a fitness centre, a shared lounge and a rooftop terrace with barbecue facilities. For those looking for a more suburban feel, the RailYards development in Victoria's Selkirk area may be a good choice. Units in this development range from one to three bedrooms and feature cathedral ceilings, gourmet kitchens and in-suite laundry facilities. The development also has a communal garden, bike storage and underground parking.

Another option in this price range is Corazon, a boutique property in Victoria's charming Cook Street Village. Corazon units feature spacious floor plans, quality finishes and balconies with stunning views of the surrounding area. In-building amenities include secure underground parking and a rooftop terrace with BBQ area.

For those looking for a more affordable option, the Astoria is a luxury hotel in the heart of downtown Victoria. Astoria units range from studios to two bedrooms and feature functional floor plans, large windows and private laundry facilities. The building also features a fitness center, sauna and hot tub.

These are just a few of his $400,000 to $500,000 housing options in Victoria, British Columbia. Other popular properties in this price range are Janion, Union and Angkor.

When buying a condo in Victoria, it's important to work with a knowledgeable real estate agent to guide you through the process and help you find the perfect home for your needs and budget. Agents can help narrow down your search based on factors like location, amenities, and price, and even help you navigate the complicated process of buying a condo in Victoria.

All in all, with stunning natural beauty, a vibrant arts and culture scene, and an exceptional quality of life, Victoria is a city that really has it all. Whether you're a first-time homebuyer, a downsizer, or an investor, there are plenty of great condos in this desirable city. 

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.