The Reef provides a luxury condominium ownership opportunity available in picturesque Victoria on southern Vancouver Island. Enjoy panoramic views and the action of Victoria’s Inner Harbour and the majestic Olympic mountains from your spacious private patio deck. Entertaining friends in style is made easy from one of Victoria’s most contemporary condominium buildings built of concrete and glass. The Reef is built six stories high and contains 73 units in total. Many of the penthouses are split over two levels with expansive balconies on both floors.
Your condo in The Reef provides all the amenities to compliment the lifestyle you demand including safe and secure underground parking, a spacious den that is perfect for an office along with no rental restrictions. Take advantage of this unique opportunity to enjoy luxury living throughout the year or when you visit. Victoria offers residents and visitors alike a rich heritage, the best in cultural activities along with the magnificent landscapes of the Pacific West Coast. Residence at The Reef allows one to experience the best of downtown living and balances it perfectly with the natural beauty and ruggedness that surrounds this upscale contemporary condominium.
James Bay sits at the edge of Vancouver Island, surrounded by the calm waters of the Victoria Harbour and the Strait of Juan de Fuca. To the east lies Beacon Hill Park, providing a luscious green landscape.
Tourism plays a significant role in the economy of James Bay, both because it hosts many tourist destinations and because it is home to the Ogden Point cruise ship terminal. During the summer months, James Bay’s extensive waterfront is alive with activity. Many of Victoria’s key attractions are located in the neighbourhood, including the Parliament Buildings, Royal BC Museum, Beacon Hill Park, Fisherman’s Wharf and many hotels and bed and breakfast establishments. Horse-drawn carriages and waterfront walkways also serve as a draw.
The heart of the neighbourhood is James Bay Village, filled with local shops and services. James Bay is an extremely walkable and bike-able neighbourhood and acts as a hub for many community sporting events that use Dallas Road as a major portion of their routes.
Parks
The parkland in James Bay is extensive. The neighbourhood contains a large portion of Beacon Hill Park. Other parks include Holland Point Park along Dallas Road, waterfront parkland in the Laurel Point area, MacDonald Park, Fisherman’s Wharf Park, neighbourhood parks (e.g., Irving Park which is located beside the seniors complex) and several other open spaces owned and managed by other levels of government.
Schools
James Bay Community School
South Park Family School
Gardens & Markets
James Bay has two allotment gardens located on Montreal Street:
The Neighbourhood Garden of All Sorts and
The Allotment Garden
The James Bay Farmer’s Market boasts a wide array of local produce, foods, and art. The market runs every Saturday from May through to September from 9am to 3pm, and is located at the corner of Menzies St. and Superior St.
Welcome to The Reef! This spacious and beautifully updated 3-bedroom townhome offers a striking modern industrial style just steps from Fisherman’s Wharf and the Dallas Rd waterfront. Recent upgrades include gorgeous white quartz countertops throughout the kitchen and bathrooms, creating a fresh, contemporary feel. The open-concept main level features soaring windows, wood floors, exposed concrete and piping, stainless steel appliances, gas range, cozy gas fireplace, flexible bedroom/den, 3-pc bath, ample storage and access to a large sunny patio. Upstairs are 2 generous bedrooms, including a bright and inviting primary retreat with its own gas fireplace, reading nook and private balcony overlooking the park. A standout feature is the TWO side-by-side parking stalls! Enjoy an exceptional lifestyle within easy walking or biking distance of the Inner Harbour, downtown Victoria, parks, restaurants and the waterfront.
Property Type:
Residential
Type:
Townhouse
Year built:
2004
(Age: 22)
Living Area:
1,617 sq. ft.150 m2
Listing General Location:
Vi James Bay, Victoria
Bedrooms:
3
Bathrooms:
2.0
(Full:-/Half:-)
Lot Size:
1,786 sq. ft.166 m2
Kitchens:
1
Building Name:
The Reef
Building Features:
Bike Storage
Construction:
Concrete, Glass, Steel and Concrete
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On, Membrane, Metal
Levels:
2
Number of Storeys:
6
Number of Buildings:
1
Floor finish:
Tile, Wood
Total Building Area:
1,974 sq. ft.183 m2
Total Unfinished Area:
357 sq. ft.33.2 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
1
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# 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.0 m2
Living Area Main Floor:
878 sq. ft.81.6 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
739 sq. ft.68.7 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
2
Fireplace Details:
Gas, Living Room, Other
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Natural Gas
Fireplace:
Yes
Dishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood, Refrigerator, Washer
Data was last updated August 20, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
95
Avg list price:
$879,000
Min list price:
$139,000
Max list price:
$3,749,000
Avg days on market:
51
Min days on market:
1
Max days on market:
666
Avg price per sq.ft.:
$717.55
These statistics are generated based on the current listing's property type
and located in
Vi James Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.