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#401 689 BAY St
Vi Downtown Victoria V8T 5H9

$549,900
Residential beds: 2 baths: 2.0 949 sq. ft. built: 1994

Main Photo: #401 689 BAY St in Victoria: Vi Downtown Condo for sale : MLS®# 1041810
Photo 1: #401 689 BAY St in Victoria: Vi Downtown Condo for sale : MLS®# 1041810
Photo 2: #401 689 BAY St in Victoria: Vi Downtown Condo for sale : MLS®# 1041810
Photo 3: #401 689 BAY St in Victoria: Vi Downtown Condo for sale : MLS®# 1041810
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Photo 28: #401 689 BAY St in Victoria: Vi Downtown Condo for sale : MLS®# 1041810
Status:
Active
Prop. Type:
Residential
MLS® Num:
1041810
Bedrooms:
2
Bathrooms:
2
Year Built:
1994
PENTHOUSE LUXURY & PRIVACY! Welcome to the crown jewel of the complex - a top-floor, southwest corner penthouse completely transformed with a brand-new top-to-bottom renovation. This quiet, tree-adjacent 2-bed, 2-bath sanctuary features 3 bright skylights, a cozy gas fireplace, and large primary bedroom with a desk/reading nook. Step onto your private covered balcony to take in majestic mountain views and Victoria’s finest sunsets. THE MIDTOWN EDGE: Positioned on the downtown border within the OCP’s rapidly evolving Arts & Innovation District. Enjoy a high-equity future with the upcoming Douglas rapid transit corridor and a pedestrian-forward urban village just steps away - all while retaining a rare, tree-protected retreat completely removed from the noise. THE PERKS: Turnkey perfection, in-suite laundry, and PET FRIENDLY with NO dog size restrictions! Secure underground parking, large storage locker, bike storage, and car wash station. Your new home is move-in ready!
Property Type:
Residential
Type:
Condo Apartment
Year built:
1994 (Age: 32)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
949 sq. ft.
Listing General Location:
Vi Downtown, Victoria
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
983 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Lexington Park
Building Type:
Top Level
Construction:
Cement Fibre
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Other
Levels:
1
Number of Storeys:
4
Number of Buildings:
2
Ceiling Heights:
Floor finish:
Laminate, Tile
Total Building Area:
1,004 sq. ft.
Total Unfinished Area:
55 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# 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:
949 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Balcony Area:
55 sq. ft.
Fireplaces:
1
Fireplace Details:
Gas, Living Room
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Natural Gas
Fireplace:
Yes
Pending Date:
Dishwasher, Dryer, Range Hood, Refrigerator, Washer
Dining/Living Combo, Elevator
Balcony
Mountain(s)
East on Bay off Government to parking area.
Balcony
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit
1 dog, 2 cats, 2 birds, 3 small caged mammals/reptiles, 1 aquarium less that 55gal
Yes
Gas or electric. See Bylaws
Yes
See Bylaws
Unrestricted
No short term. See Bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
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 Includes:
Caretaker, Trash, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Property Management, Recycling, Water
Association Fee Year:
2026
Jurisdiction name:
City of Victoria
Legal Description:
Accessibility:
Accessible Entrance
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Condo
Lot Site Features:
Level, Square Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Guest, Underground
Total Parking Spaces:
1
Common Parking Spaces:
1
LCP Parking Spaces:
0
Lot Parking Spaces:
0
Total Units:
Date Listed:
Jul 01, 2026
Original Price:
549900.0
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    Balcony View
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Listed by LPT Realty
Data was last updated July 2, 2026 at 07:30 AM (UTC)
Area Statistics
Listings on market:
235
Avg list price:
$539,000
Min list price:
$49,900
Max list price:
$2,900,000
Avg days on market:
54
Min days on market:
1
Max days on market:
475
Avg price per sq.ft.:
$764.83
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.

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