302 1028 Balmoral Rd
$389,000
Central Park
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About this home
Welcome to Balmoral! This updated 1-bedroom condo offers two standout features rarely found at this price point—a secure underground PARKING spot and IN-SUITE laundry. Perfectly located in a central neighbourhood with an exceptional walk score, you're just steps from cafés, shopping, parks, Fernwood Village and downtown Victoria. Inside, you'll find a bright, efficient layout with a spacious living area, peaceful treed outlook, private balcony, plus newer appliances, hot water tank, faucets and fixtures. This professionally managed building has been well maintained and showcases updated windows, doors and elevator for that peace-of-mind ownership. Pet and rental friendly with no age restrictions, plus a storage locker and secure bike parking. A fantastic opportunity for first-time buyers, downsizers, or investors. (id:65179)
Property details
From the listing's public record.
Lot size
524 square feet
Year built
1994
Taxes
$1,940/yr
Strata / HOA
$378/month
Zoning
Residential
Appliances
Heating
Community
Price history
6 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 13, 2026
Listed $389,000
Active15 days on marketMLS 1042756Feb 15, 2023
$405,000
Sold22 days on marketMLS 919155May 28, 2019
$298,000
Sold26 days on marketMLS 809624Mar 16, 2019
Listed $304,900
Cancelled112 days on marketMLS 808511Feb 14, 2019
Listed $304,900
Cancelled120 days on marketMLS 806181Jan 6, 2019
Listed $309,900
Cancelled181 days on marketMLS 803627
How this listing compares
Based on 19 sales in Central ParkMedian sold
$420,000
Avg days on market
48 days
Avg sale-to-list
96.1%
Avg $/sqft
$512
Price per square foot
Above area average
Current market in Central Park
Active (same type)
3
Pending
4
All active listings
10
Months of supply
1.9
Seller's market — 1.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$342,400
Homes in Victoria sell at 49294.6% of assessed value on average.
Based on 686 recent sales.
Local price trend
How Central Park has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
10 sales905-1630 Quadra St
$272,000
1 bd · 1 ba · 696 sqft · $391/sqft · 58 days on market
Sold Jun 30, 2026 · 92.2% of list
304-853 North Park St
$538,000
2 bd · 1 ba · 1,057 sqft · $509/sqft · 13 days on market
Sold May 28, 2026 · 101.5% of list
205-848 Mason St
$320,000
1 bd · 1 ba · 436 sqft · $734/sqft · 50 days on market
Sold Apr 28, 2026 · 94.7% of list
201-1007 Caledonia Ave
$495,000
2 bd · 2 ba · 1,148 sqft · $431/sqft · 57 days on market
Sold Apr 24, 2026 · 97.1% of list
403-1028 Balmoral Rd
$449,000
2 bd · 2 ba · 886 sqft · $507/sqft · 47 days on market
Sold Apr 1, 2026 · 96.6% of list
809-1630 Quadra St
$289,900
1 bd · 1 ba · 769 sqft · $377/sqft · 12 days on market
Sold Mar 31, 2026 · 96.7% of list
201-860 Queens Ave
$525,000
2 bd · 1 ba · 792 sqft · $663/sqft · 6 days on market
Sold Mar 25, 2026 · 100% of list
302-1007 Caledonia Ave
$475,000
2 bd · 2 ba · 1,061 sqft · $448/sqft · 50 days on market
Sold Mar 12, 2026 · 96% of list
311-827 North Park St
$405,000
2 bd · 1 ba · 804 sqft · $504/sqft · 160 days on market
Sold Feb 27, 2026 · 93.3% of list
102-1028 Balmoral Rd
$400,000
2 bd · 1 ba · 802 sqft · $499/sqft · 26 days on market
Sold Feb 25, 2026 · 94.1% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$389,000 − $77,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$85,080
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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Listed by Pemberton Holmes Ltd.