827 Fairfield Rd 409, Victoria, British Columbia, Canada. - Hero Image
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827
Fairfield Rd 409
Victoria | British Columbia

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Villa Paradise

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Kerry Couvelier
Kerry Couvelier
Presented At
$689,000
Bedrooms
2
Bathrooms
2
Living
1,130
SQFT
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827 Fairfield Rd 409, Victoria, British Columbia, Canada. , Victoria , British Columbia

Victoria Residential

OPEN HOUSE: SAT, DEC 13, 12-1. Welcome to City Place, an award-winning steel & concrete building situated in the heart of Humboldt Valley. Everything you could ever need is just outside your front door, with Beacon Hill Park, Cook Street Village & Inner Harbour a short stroll away. Natural light fills this spacious condo with an open layout & 10 ft ceilings to create a bright, airy feel. An ideal floor plan with 2 bedrooms, 2 bathrooms and a den/office space. The living area features a gas fireplace, and the kitchen is finished with SS appliances, granite counter tops & breakfast bar. French doors lead to light filled primary suite with a 4pce ensuite. 2nd bedroom, full bath & den. Addl fts: new HW tank (2025), in suite laundry, EV ready secure parking, bike storage, private storage locker & pet friendly with no size or weight restrictions. Ideally located steps from the harbour, shops, dining, and transit, this unit offers style, comfort, and unmatched walkability.

Gallery

3D Street View Tour

Map showing 827 Fairfield Rd 409, Victoria, British Columbia, Canada.

Property Location

827 Fairfield Rd 409, Victoria, British Columbia, Canada., Victoria British Columbia

Local Weather & Climate

Victoria, British Columbia

Current Conditions Updated recently
52 °F
Overcast clouds
Feels Like 51°F
Humidity 91%
Wind 3 mph
Visibility 6.2 mi
Sunrise 2:22 PM
Sunset 2:21 AM
5-Day Forecast
Wed 18 Mar
Rain
High 52°
Low 49°
Thu 19 Mar
Rain
High 52°
Low 50°
Fri 20 Mar
Rain
High 51°
Low 49°
Sat 21 Mar
Clouds
High 49°
Low 40°
Sun 22 Mar
Clouds
High 47°
Low 39°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Victoria?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

C$
%
C$100,000
%
Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.

Market Opinion

Our perspective on current market conditions in Victoria. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis
International luxury real estate typically appreciates steadily over time.
65
Buyer Score
Estimated regional appreciation: 4% annually
Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $68,900,000 20% down ($13,780,000)

Investment Perspective
$ $ $
$1 → $1.36
Every dollar invested today could become $1.36 in 10 years
$100 → 136 $1,000 → $1,362
+$5,921
$5,921/day
Your home may appreciate while you sleep
$41,558/week $180,084/mo $2,161,005/yr
$100K Investment Comparison (10 Years)
Real Estate (Leveraged)
$281K
S&P 500 Index
$259K
High-Yield Savings
$155K
Real estate leverage: potential 8% advantage over stocks
RENT 💸 -$37.9M
vs
OWN 📈 +$53.8M
$53.8M Potential Equity
vs $37.9M lost to rent over 10 years
$13.8M Down Payment Growth
3.9x
10yr
$53.8M
8.1x
20yr
$111.3M
12.6x
30yr
$174.0M
Wealth Comparison
×414
Equivalent to 414 average US homes
top 5%
US household wealth ranking
Median: $193K Yours: $174.0M
Time to Double Your Investment (accounting for market cycles)
42.4
years
Conservative
1.65% effective/yr
15.3
years
Optimistic
4.62% effective/yr
Projected Home Values (adjusted for market cycles)
10 Years
Conservative $81.1M +18%
Market $93.8M +36%
Optimistic $108.3M +57%
$53.8M est. equity
20 Years
Conservative $95.6M +39%
Market $127.8M +85%
Optimistic $170.2M +147%
$111.3M est. equity
30 Years
Conservative $112.5M +63%
Market $174.0M +153%
Optimistic $267.4M +288%
$174.0M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

This apartment at 827 Fairfield Rd 409, Victoria, British Columbia, Canada features 2 bedrooms with 1,130 square feet of living space.
This property offers 1,130 square feet of living space.
This property is listed at $68,900,000, which equals $60973 per square foot.
Based on current market indicators, Victoria shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.
This is a apartment located in Victoria, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.
Kerry Couvelier

Kerry Couvelier

Engel & Völkers Victoria Oak Bay

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