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$999,900
For Sale

#201 640 Montreal St, Victoria, BC

2
beds
2
baths
1,991
sqft

#201 640 Montreal St, Victoria, BC

James Bay - 1003877

Est.: $3,845/mo

Description

Exceptional OCEANFRONT Opportunity with Private Marina. This stunning nearly 2000 square foot condominium in the highly sought-after Pier One in James Bay is being offered for the first time by its original owner. With breathtaking ocean views, this bright and spacious two-bedroom, two-bathroom suite offers a layout that feels like a bungalow-style home. The expansive kitchen features a walk-in pantry and a second refrigerator, perfect for those who love to cook and entertain. The spacious dining area flows into the great room, where a mirrored accent wall enhances the natural light and ocean views, complemented by a feature fireplace. The primary bedroom boasts built-in cabinetry, multiple closets, and a luxurious ensuite with dual sinks, a soaker tub, and a separate shower. The second bedroom includes a den with spectacular ocean views, and the second bathroom offers a full tub and shower combination. Two enclosed balconies can easily be converted back to open-air if preferred. The suite features hardwood and tile flooring throughout, in-suite storage, and the potential to add in-suite laundry, while a shared laundry facility is conveniently located on each floor. Pier One offers exceptional building amenities, including first-right-of-refusal for a 24-slip private marina, a hot tub, a library, and secure underground parking with EV charging. This pet-friendly and rental-friendly building is ideally situated just steps from the David Foster Harbour Walkway, Fishermans Wharf, and major transit routes. Offering the perfect blend of luxury, convenience, and coastal living, this is a rare opportunity to own an exceptional oceanfront home in one of Victorias most desirable locations. (id:60457)

Price History

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DateStatusPriceChange
2024-12-15
Listed
$1,250,000

-$25,000 (-2.0%)

2024-11-28
Price Change
$1,275,000

-$24,000 (-1.8%)

2024-11-01
Listed
$1,299,000
2023-08-22
Sold
$1,150,000

-$25,000 (-2.1%)

2023-08-10
Price Change
$1,175,000

-$24,000 (-2.0%)

2023-07-15
Listed
$1,199,000
2022-03-18
Sold
$985,000

-$14,000 (-1.4%)

2022-03-05
Listed
$999,000
2021-09-12
Sold
$825,000

-$24,000 (-2.8%)

2021-08-28
Listed
$849,000

Property Details

Property TypeApartment
Style of HouseWestcoast, Contemporary
Asking Price$999,900
Maintenance Fee$1,481.2
Listing DateJun 18, 2025
Days on Market8 days
Size of House1,991 sqft
Lot Size1,910 sqft
Price per House SqFt$502
Maint. Fee per SqFt$0.74
Age of House44 years (1981)
Property Taxes$6,234 (undefined)
Ownership InterestCondo/Strata
PID000-844-918
Seller's AgentKeller Williams Ocean Realty VanCentral

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Rules
Roof
Flooring
Exterior Finish
Foundation
Outdoor Features
Parking
Fireplaces
Heating
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$999,900
Listing DateJun 18, 2025
Days on Market8 Days
MLS® Number1003877
Primary BrokerKeller Williams Ocean Realty VanCentral

Features & Amenities

✓ View (City view, Mountain view, Ocean view)✓ Central location
✓ Cul-de-sac✓ Curb & gutter
✓ Private setting✓ Southern exposure
✓ Irregular lot size✓ Marine Oriented
✓ Moorage✓ Waterfront on ocean
✓ Family Oriented✓ Pets Allowed With Restrictions
✓ Sprinkler System-Fire✓ Fire alarm system

Room Information

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RoomLevelDimensions

Assessment History

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YearTotalLandImprovementsTax

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ESTIMATED PAYMENTS

$3,845

20.0% | $199,980
30 Years
4.09%
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Nearby Schools

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Market Overview

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Active Properties

All ActiveThis Property
All1,250
Median Asking Price$875,000
Median Price per SqFt$650
Median Days on Market28

Sold Properties

Dec 2024Nov 2024Dec 2023
All
(% change from Dec 2023)
127.0%
(↑5.2%)
139
121
Median Selling Price
(% change from Dec 2023)
$1,375,000
(↑8.1%)
$1,368,000
$1,272,000
Median Price per SqFt
(% change from Dec 2023)
$902
(↑7.8%)
$895
$837
Median Days on Market
38
35
31
Median Discount Off Ask
2.8%
2.6%
2.2%
New Listings
365
380
398
Months of Inventory
24.8
21.7
18.5
SELLER'S
5.0BALANCED8⅓
BUYER'S

Number of Sales

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