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  5. Paul Kane

10 Paul Kane Place Unit 518, Songhees Victoria

Price

$1,425,000

Bedrooms2 Beds

Bathrooms2 Baths

Size1676 sqft

Year Built1990

Property TypeCondo/Townhouse

Property Taxes$4,905

Unit Number518

Maintenance Fees$845/month

Description

Soaring 11-foot ceilings set the tone for this chic and spacious Corner Penthouse in the prestigious Royal Quays, located in the heart of the Songhees. With 1,572 sq. ft. of updated living space, this 2-bedroom, 2-bathroom home blends style and comfort with ocean glimpses—watch the float planes and kayaks go by, and enjoy the twinkling downtown lights in the evening. A cozy gas fireplace warms the winters, and three balconies invite you to soak in the surroundings year-round. The ideal layout places the bedrooms on opposite sides of the condo, offering both privacy and functionality. Additional highlights include a large laundry room and an underground parking stall with a dedicated storage locker. Step outside and experience the Songhees lifestyle—walk the waterfront trail from West Bay Marina to downtown Victoria, with local favourites like Spinnakers and Boom + Batten just steps from your door. Royal Quays is one of Vic West’s most sought-after addresses, offering an exceptional blend of luxury, convenience, and community. A rare opportunity to experience penthouse living at its finest, minutes from downtown. (id:39198)

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Listed By

The listing brokerage and/or agent is The Agency

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

$6,373 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,140,000

Total Interest Payments

$702,880

Total Payment (Principal + Interest)

$1,842,880


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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