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Updated 22 Hours Ago

Highlights

  • New Construction
  • Pet Friendly

Location

565 Toronto St, Victoria, BC V8V 1P1, CAN|James Bay
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Contact

Management

Devon Properties

Leasing office

(778) 771-4245

Property Overview

565 Residences earns a strong overall impression with a 9.2 Zumper Expert Rating, supported by standout scores for price, amenities, and location. It also offers outdoor spaces, which adds to its appeal for renters looking for pet friendliness, while its verified quality and trustworthy description help round out a polished profile.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

9.2
Excellent
565 Residences is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Great for

  • Pet owners

Floor plans

1 Bedroom 1 Bathroom1 bed1 bath510 sqft$2,169 /mo1 unit available
2 Bedroom 1 Bathroom2 bed1 bath640 sqft$2,580 /mo1 unit available

Let's explore this property.

Amenities for 565 Residences

Apartment Amenities

BalconyHigh Ceiling
High CeilingsResident Storage
Vinyl Plank FloorsWindow Coverings

Appliances

DishwasherDishwasher Available
FridgeIn-Unit Laundry
MicrowaveStainless Steel Appliances
StoveWasher In-Suite

Building

Bicycle RoomCats OK
Dogs OKElevator
Entry Phone SystemNon-Smoking
Onsite Laundry

Grounds

Garage ParkingStorage

Services

Professionally Managed

Neighborhood

Close Proximity to DowntownShopping Nearby

Other

New Development
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

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Garage Lot

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Year built2024
Lease terms12 months

About 565 Residences

HomeApartments in VictoriaJames Bay 565 Residences

565 Residences, at 565 Toronto Street puts you right in the heart of vibrant James Bay, Victoria. This new four-storey development includes 24 rental residences offering junior one-, one +den-, two- and two-bedrooms + den suites. All residences are pet-friendly, offering a modern design with open-concept kitchens and stainless-steel appliances. The rooms are bright with large windows providing an abundance of natural light and spacious balconies. The 2-piece bathroom offers beautiful walk-in showers with high-quality bathroom fixtures and finishes. 565 Residences is situated in James Bay, one of Victoria’s most desirable residential neighbourhoods. 565 Residences is conveniently located just steps away from Beacon Hill Park and Dallas Road. Enjoy all local amenities within walking distance, including local retail amenities, restaurants, and a Thrifty Foods.


Year Built: 2024

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
9.2
/10
Excellent
565 Residences is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 565 Residences
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
565 Residences offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·10A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
565 Residences stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
565 Residences is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·8A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
Anyone looking for quality at a great value will find 565 Residences to be an attractive option. Renters can also rely on this rental to provide them with accurate information they need to find the living experience they desire.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

565 Residences is great for:

Pet owners

  • Outdoor spaces are available at this property

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 565 Residences compares to other nearby properties.

Considerations

Distance from grocery stores
The nearest grocery store is 4.6 miles away
Distance from transit
More than 3.0 miles from public transportation

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Rent trends in James Bay

1-bedroom apartments here are priced 10% higher than 1-bedrooms in James Bay.

If you decide to upgrade your space, you can expect 2-bedrooms at 565 Residences to be 2% less than the average for similarly sized apartments in James Bay.

Median rents as of Oct 24 2026.
James Bay
Victoria
A table of studio rental data trends in Victoria
MonthMedian Rent
November 2024$1,795
December 2024$1,790
January 2025$1,757
February 2025$1,763
March 2025$1,763
April 2025$1,786
May 2025$1,834
June 2025$1,849
July 2025$1,849
August 2025$1,793
September 2025$1,791
October 2025$1,781
November 2025$1,692
December 2025$1,699
January 2026$1,721
February 2026$1,732
March 2026$1,703
April 2026$1,669
May 2026$1,662
June 2026$1,714
July 2026$1,736
August 2026$1,707
September 2026$1,702
October 2026$1,713
A table of studio rental data trends in James Bay
MonthMedian Rent
November 2024$1,778
December 2024$1,775
January 2025$1,730
February 2025$1,706
March 2025$1,718
April 2025$1,784
May 2025$1,824
June 2025$1,849
July 2025$1,820
August 2025$1,774
September 2025$1,787
October 2025$1,786
November 2025$1,712
December 2025$1,648
January 2026$1,639
February 2026$1,698
March 2026$1,697
April 2026$1,707
May 2026$1,681
June 2026$1,758
July 2026$1,798
August 2026$1,757
September 2026$1,707
October 2026$1,745

Affordability calculator

Can I afford to live at 565 Toronto St?

Bedrooms

Rent-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

$86,760/yr

With your selected rent-to-income ratio, you'd ideally want to make $86,760 annually to afford this 1-bedroom monthly rent price of $2,169.
For more information on rent affordability, visit our rent calculator.

Neighborhood

James Bay | Victoria, BC

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Victoria near 565 Toronto St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

4/10
This area is accessible to thoroughfares and has ample parking options.

Transit

6/10
Frequent public transit options are within walking distance.

Points of interest for 565 Toronto St, Victoria

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

8/10
Variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 565 Toronto St

Birdcage Confectionary
501 Government St
Red Barn Market
395 Menzies St
Don's Food Market
99 Menzies St
Little Gem Grocery
148 Superior St
Mother Nature's Market & Deli
240 Cook St

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