5+ Days Ago
Location
538 Yates St #401, Victoria, BC V8W 1K8, CAN|Downtown Victoria
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Iris Properties
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Amenities for 538 Yates St #401, Downtown Victoria
Apartment Amenities
| Balcony | Central Heat |
| Dryer | Furnished |
| Hardwood Floor | Heating |
| Kitchen Island | Linen Closet |
| Mirrors | Private Balcony |
| View | Washer |
| Window Coverings |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator |
Grounds
| Garage Parking |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Contact for more information on pet policy.
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About 538 Yates St #401
Welcome to life at the iconic 401-538 Yates Street—a spacious and beautifully appointed 3-bedroom, 2-bathroom suite on the top floor in one of Victoria's most character-rich neighbourhoods. Designed with intention and function, this home offers a perfect blend of city living and restful retreat, ideal for a professional couple, with or without children, seeking space to breathe in the downtown core. Step into a light-filled open-concept layout where heritage character meets modern finishes. The spacious living and dining areas make it easy to entertain or unwind. With two full bathrooms, mornings stay stress-free, and secured underground parking means your car is just as protected as your peace of mind. The location? Unbeatable. Set on Yates Street in Victoria's vibrant Old Town district, you're steps from some of the city's best cafes, local boutiques, public markets, and waterfront strolls. Whether you're grabbing brunch at a nearby bistro, biking to work, or walking the kids to a nearby park, this is a lifestyle rooted in ease and possibility. This is more than just a rental—it's a place to feel at home. With a Walk Score of 99, daily errands and leisurely explorations can be accomplished easily. Excellent public transportation options and dedicated bike lanes further enhance your connectivity to the broader Victoria area Dedicated parking stall in secure parking garage only a couple of blocks away
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 538 Yates St #401 compares to other nearby properties.
Positives
- Images Available
- There are at least 10 photos of this address
- Outdoor space
- Easy access to the outdoors
Address details
| Neighborhood | Downtown Victoria |
|---|---|
| Post code | V8W 1K8 |
| Type | House for rent |
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Rent trends in Downtown Victoria
3-bedroom apartments at 538 Yates St #401 cost about 10% more than the average rent price for 3-bedroom apartments in Victoria.
Median rents as of Aug 30 2025.
Downtown Victoria
Victoria
| Month | Median Rent |
|---|---|
| September 2023 | $4,500 |
| October 2023 | $3,600 |
| November 2023 | $3,900 |
| December 2023 | $3,555 |
| January 2024 | $3,325 |
| February 2024 | $3,350 |
| March 2024 | $3,475 |
| April 2024 | $3,322 |
| May 2024 | $3,374 |
| June 2024 | $3,525 |
| July 2024 | $3,856 |
| August 2024 | $3,805 |
| September 2024 | $3,437 |
| October 2024 | $3,460 |
| November 2024 | $3,347 |
| December 2024 | $3,327 |
| January 2025 | $3,178 |
| February 2025 | $3,631 |
| March 2025 | $3,385 |
| April 2025 | $3,800 |
| May 2025 | $3,815 |
| June 2025 | $3,693 |
| July 2025 | $3,545 |
| August 2025 | $3,716 |
| Month | Median Rent |
|---|---|
| February 2025 | $5,000 |
| March 2025 | $5,000 |
| April 2025 | $5,000 |
| May 2025 | $5,000 |
| June 2025 | $5,000 |
| July 2025 | $5,000 |
| August 2025 | $5,000 |
Affordability calculator
Can I afford to live at 538 Yates St #401?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$220,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $220,000 annually to afford this 3-bedrooms monthly rent price of $5,500.
For more information on rent affordability, visit our rent calculator.
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Internet available near 538 Yates St #401
Getting around Victoria near 538 Yates St #401
Walking
10/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
8/10
Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 538 Yates St #401, Victoria
Groceries
10/10
Several grocery stores nearby
Shopping
10/10
Wide variety of shops within a few minutes' walk
Cafes
7/10
Variety of cafés within walking distance
Restaurants
9/10
Variety of restaurants within a few minutes' walk
Primary schools
7/10
At least one elementary school within a 20-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
10/10
Very large amount of park space within a few minutes' walk
Nightlife
10/10
Variety of bars right on the street
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