306 120 Douglas St

Victoria, British Columbia · Neighbourhood: Downtown
C$699,900

Local Decision Guide

How should buyers evaluate 306 120 Douglas St?

Start by reading this listing in its Victoria Downtown context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
306 120 Douglas St

Remarks

Nestled in the heart of historic James Bay, this one-of-a-kind residence inside the former Beacon Hill Schoolhouse offers a rare blend of character, history, and location. Originally built in 1914 and converted to residential use in 1978, this beautifully preserved Heritage Building is home to just 8 unique units. This bright corner suite features 2 bedrooms, including a loft-style primary bedroom, 1 bath, nearly 13-foot ceilings, exposed brick, original fir floors, and large windows throughout. Thoughtful updates over the years blend seamlessly with the home’s timeless architecture and character. The raised kitchen offers bonus storage and access to a Juliet balcony with a glimpse of the ocean and excellent airflow. Situated directly across from Beacon Hill Park and just steps to Dallas Road, beaches, the Inner Harbour, and downtown Victoria, this exceptional location offers the very best of Victoria living. Includes parking, extra storage, bike storage, and in-suite laundry. (id:56153)

Property Details

Apartment
Building Type
2
Bedrooms
1
Bathrooms
1914
Year Built
112 years
Age
23
Days on Site
1,074 sqft
Interior Size
C$652
Price per Sqft

Complex Name: 120 Douglas

Transaction: For sale

Status: active

Listing ID: 29746207 (1033440)

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Site Context

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Property Summary

Price: C$699,900

PID: 000-751-596

Days on Site: 23 days

Added to BurnabyHouse: 2026-05-13

Updated on: 2026-06-02 02:04 PM PDT

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Lot info

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Schools

Nearby Private Schools
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Nearby Points of Interest

Grocery / Food Access
Thrifty Foods James Bay
About 626 m away
475 Simcoe Street
Red Barn Market
About 710.6 m away
325 Menzies Street
Shopping Centres
James Bay Square
About 658.6 m away
James Bay Market
About 841.2 m away
Parks / Green Space
TRIAL ISLANDS ECOLOGICAL RESERVE
About 4.6 km away
3132 · 00

Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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