Set in the charming Old Town district, Mermaid Wharf offers an incredible view of one of the busiest harbours in Canada. Many units offer views of the Olympic Mountains and Sooke Hills. Mermaid Wharf is moments away from theatre, live bands, dance clubs, and close the hub of Victoria’s urban life. Residents also enjoy Victoria’s mild climate and beautiful sunsets from the privacy of the rooftop patio which features a common barbeque and entertainment area. Secure, underground parking is also available.
Victoria’s Downtown is the most rapidly growing neighbourhood in the city. New residents of all ages are attracted to the area’s rich historic character and its vibrant waterfront. The downtown has a thriving arts, culture and entertainment district combined with an impressive variety of dining and shopping choices, all within easy walking distance. The Royal BC Museum and Chinatown (Canada’s oldest) are perennial attractions for visitors and residents alike. The neighbourhood also hosts celebrated landmarks like the Empress Hotel, provincial Parliament Buildings and the Royal and McPherson Theatres.
Parks
The Downtown neighbourhood has green space along the waterfront, which includes Reeson Park near the Johnson Street Bridge. Cridge Park is located to the south, next to the downtown Lawn Bowling Club and Crystal Garden and near the entrance to Beacon Hill Park. Centennial Square, situated next to Victoria’s historic City Hall, is the downtown’s primary venue for events.
Schools
Chinese Public School (Chinese language and cultural classes for children and adults)
Victoria Conservatory of Music
Victoria Academy of Ballet
Victoria School of Contemporary Dance
Pacific Design Academy
Over 15 English language schools
Gardens & Markets
The Yates Street Community Garden is operated by the Downtown Residents Association
Bastion Square Public Market runs Thursdays to Sundays between May and end of September
Ship Point Night Market operates Friday and Saturday evenings from mid June to mid September.
Rare walk out patio at Mermaid Wharf, one of Old Town Victoria’s best waterfront condos. This thoughtfully designed 1-bedroom, 1-bathroom condo offers a bright open-concept layout with floor-to-ceiling windows, abundant natural light, and a private north-facing patio with water views. Access your condo from your secured patio for easy walks into town without elevators and common areas. The inviting living area features a gas fireplace and a new Murphy bed, blending comfort and functionality. In-suite laundry adds convenience. Enjoy secure underground parking, a separate storage locker, bike and kayak storage, plus a private kayak dock. Take in stunning views from the rooftop patio with BBQ facilities, perfect for relaxing or entertaining. With no rental or pet restrictions, this versatile home is ideal for homeowners, investors, or those seeking a vibrant downtown lifestyle. Steps to restaurants, galleries, shops, and the Inner Harbour.
Data was last updated September 2, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
190
Avg list price:
$525,000
Min list price:
$49,900
Max list price:
$2,175,000
Avg days on market:
64
Min days on market:
1
Max days on market:
537
Avg price per sq.ft.:
$775.41
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.