162 replies to this topic

[Victoria Watcher]

In 2025 the downtown condo market averaged $25k less in price than across the region as a whole. 

 

Adjusted for unit size/type though?   I'd guess downtown condos are smaller than most other areas.

Edited by Victoria Watcher, 16 January 2026 - 07:47 AM.

[Mike K.]

They may he smaller, but they’ll have the highest per square foot costs, or historically have. There are other factors to consider too, like parking.

Historically you could get a 1BR+den with parking in the suburbs for around the cost of a downtown unit with less square footage, so maybe a 1BR, and without parking. It’s difficult to compare the two just through an average price.

I guess what I’m saying is small is still expensive in the downtown market and I would have expected historic averages to be higher for downtown regardless of unit size.

[Victoria Watcher]

Sayward Hills, 2001-built.

 

https://www.realtor....ich-cordova-bay

 

$595/sq/ ft.

 

$800/mo. fees.

 

Quite nice.

 

Current owner likes ducks.