505 608 Broughton St

Victoria, British Columbia · Neighbourhood: Downtown
C$565,000

Local Decision Guide

How should buyers evaluate 505 608 Broughton 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
505 608 Broughton St

Remarks

Two blocks from the Inner Harbour and steps from Government Street, the Empress, and the Union Club, the Sovereign is a stylish boutique address in the vibrant heart of Victoria. Unit 505 sits on the quiet west side of the building, with a big private patio that’s a real extension of living space, not a neglected add-on. Open-concept floor plan, expansive windows, walk-in closet, soaker tub, in-suite laundry, and air conditioning round out the appeal. Secure underground parking and two storage lockers included. The rooftop patio is the best in the city: gas fireplace, outdoor kitchen, and an unobstructed view of the Inner Harbour. Perfect for young professionals or anyone looking for an attractive home in the nicest part of Downtown. (id:56153)

Property Details

Apartment
Building Type
1
Bedrooms
1
Bathrooms
2013
Year Built
13 years
Age
4
Days on Site
680 sqft
Interior Size
C$831
Price per Sqft

Complex Name: The Sovereign

Transaction: For sale

Status: active

Listing ID: 29837625 (1038155)

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Site Context

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Property Summary

Price: C$565,000

PID: 029-149-886

Days on Site: 4 days

Added to BurnabyHouse: 2026-06-01

Updated on: 2026-06-04 05:00 AM PDT

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Lot info

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Schools

Nearby Private Schools
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Includes school names, grades, distance, and available Fraser ranking context.

Nearby Points of Interest

Grocery / Food Access
Bulk Barn
About 334.1 m away
706 Yates Street
Market on Yates
About 648.3 m away
903 Yates Street
Shopping Centres
The Bay Centre
About 127.6 m away
The Bay Centre
About 127.6 m away
1150 Douglas Street
Parks / Green Space
TRIAL ISLANDS ECOLOGICAL RESERVE
About 4.9 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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Last Updated: Thu, 04 Jun 2026 04:37:38 AM PDT

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