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  5. Tyee

797 Tyee Road Unit 408, Victoria West Victoria

Price

$680,000

Bedrooms2 Beds

Bathrooms2 Baths

Size958 sqft

Year Built2008

Property TypeCondo/Townhouse

Property Taxes$3,388.66

Unit Number408

Maintenance Fees$491/month

Description

Top-Floor Living in the Railyards – 2 Bed Condo with Vaulted Ceilings Welcome to your peaceful urban escape in The Gateway—one of the most coveted buildings in Victoria’s vibrant Railyards community. Set right along the Selkirk Waterway and the Galloping Goose Trail, this home offers the best of both worlds: access to nature and active living, all while staying connected to downtown life. This top-floor unit features soaring vaulted ceilings up to 18 feet, adding space, light, and charm. With 2 bedrooms and 2 bathrooms, the layout is perfect whether you're working from home, expecting the occasional guest, or just enjoy a little extra room to spread out. Inside, the quality upgrades make all the difference: European Oak engineered hardwood flooring throughout the main living areas Tiled entryway and bathrooms Bright, modern white quartz countertops and backsplash in the kitchen Smart lighting for modern convenience Stainless steel newer appliances to inspire your inner chef Enjoy your morning coffee or unwind after a long day on the covered deck, which offers lovely views of the landscaped courtyard garden and glimpses of the city. The oversized primary bedroom includes a walk-in closet and a full ensuite bathroom, creating a private, relaxing space to recharge. The den is enclosed and versatile—ideal as a home office, creative studio, or guest room. Additional highlights include: In-suite laundry A large pantry/storage closet Secure underground parking with a bike rack Separate storage locker This well-run building is pet-friendly, rental-friendly, and family-friendly, making it a great option for homeowners and investors alike. Just steps away from local cafés, markets, parks, and kayaking spots, plus only minutes to downtown and the Inner Harbour—you’ll love the lifestyle this home offers. Don’t miss this chance to live in one of Victoria’s most walkable, bikeable, and picturesque neighborhoods. (id:39198)

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Listed By

The listing brokerage and/or agent is Century 21 Queenswood Realty Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,217 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$544,000

Total Interest Payments

$335,410

Total Payment (Principal + Interest)

$879,410


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Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions