Apartment for rent

14 Hours Ago

8.8

Very Good

Olympic View Terrace Apartments
885 Craigflower Rd, Victoria, BC V9A 2X4, CAN

Groupe Denux

885 Craigflower Rd, Victoria, BC V9A 2X4, CAN

8.8

Very Good

Monthly rent	$1,475–$1,950
Beds	Studios–2
Baths	1
Sqft	629–858

Monthly rent	$1,475–$1,950
Beds	Studios–2
Baths	1
Sqft	629–858

14 Hours Ago

Location

885 Craigflower Rd, Victoria, BC V9A 2X4, CAN|Old Esquimalt

Hi! Let’s figure out if this property is right for you.

Contact

Managed by

Management

Groupe Denux

Leasing office

(778) 400-7942

Property Overview

Olympic View Terrace earns a strong overall impression with an 8.8 Zumper expert rating, standout marks for price, amenities, and location, and a solid trustworthiness score. It is also noted for its high-speed internet, utilities included in rent, quiet environment, and large windows for natural light, making it appealing for remote work and everyday convenience.

Zumper Expert Rating

8.8

Very Good

With a solid 8.8 out of 10 overall, Olympic View Terrace is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Olympic View Terrace has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Great for

Work-from-home

Floor plans

Bac	Studio	1 bath	629 sqft	$1,475 /mo
1 Bedroom	1 bed	1 bath	643 sqft	$1,800 /mo
2 Bedroom	2 bed	1 bath	858 sqft	$1,950 /mo

Let's explore this property.

Amenities for Olympic View Terrace

Apartment Amenities

Balcony	Central Heat
Heat	Heating
Hot Water	Water

Appliances

Dishwasher

Dishwasher Available

Building

Controlled Access	Elevator
Laundry Room on Every Floor	Onsite Laundry
Spacious 1 and 2 bedroom Apartments	Video Surveillance
Wheelchair Accessible

Grounds

Assigned Parking

Storage

Services

On-Site Management

Professional Onsite Management

Neighborhood

Convenience Store	Public Transit
Schools Nearby

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Covered Lot

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

Building details

Property details

Year built	1971
Lease terms	12 months

About Olympic View Terrace

Managed by Groupe Denux

Home

Apartments in Esquimalt

Old Esquimalt

Olympic View Terrace

Olympic View Terrace is a 72 unit apartment building, located along Craigflower Road, within short walking distance from Dockside Green and Victoria, and is located directly on main bus routes for the region. Suites are very large with 2 bedrooms up to 1100 square feet. Most suites are renovated with new cabinets, washrooms, and large windows, with most units having mountain views and direct sunlight exposure. There is ample of parking and storage options. **photos may not represent actual suite available** Downtown Victoria and Esquimalt is just a five minute drive, bus or bike ride away. Heat and Hotwater are included in the rent. No Pets. Please email us at **** As we strive to respond to your inquiry within the same day, please ensure you check your "Junk" or "Spam" folders for any delayed email responses.

Year Built: 1971

Go to property website

Zumper Expert Rating

8.8

/10

Very Good

How we rated Olympic View Terrace

Price·10

Olympic View Terrace 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·10

Olympic View Terrace 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, making this one of the top choices for renters seeking unparalleled comfort and convenience.

Location·9

Olympic View Terrace 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·6

While Olympic View Terrace does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·8

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.

Olympic View Terrace is great for:

Work-from-home

High speed internet is an amenity
Utilities included in the rent
Quiet environment with little noise pollution
Large windows for natural lighting

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Rent trends in Old Esquimalt

Studio apartments at Olympic View Terrace cost about 16% less than the average rent price for studios in Old Esquimalt.

1-bedroom apartments here are priced 4% lower than 1-bedrooms in Old Esquimalt.

If you decide to upgrade your space, you can expect 2-bedrooms at Olympic View Terrace to be 21% less than the average for similarly sized apartments in Old Esquimalt.

Median rents as of Jun 6 2026.

Old Esquimalt

Esquimalt

A table of studio rental data trends in Esquimalt
Month	Median Rent
June 2024	$1,996
July 2024	$1,909
August 2024	$1,878
September 2024	$1,883
November 2024	$1,799
December 2024	$1,804
March 2025	$1,825
April 2025	$1,817
May 2025	$1,822
August 2025	$1,906
September 2025	$1,861
October 2025	$1,741
November 2025	$1,793
December 2025	$1,679
January 2026	$1,679
February 2026	$1,857
March 2026	$1,845
April 2026	$1,839
May 2026	$1,749
June 2026	$1,750

A table of studio rental data trends in Old Esquimalt
Month	Median Rent
June 2024	$2,013
August 2024	$1,986
September 2025	$1,933
October 2025	$1,729
November 2025	$1,950
May 2026	$1,749

Affordability calculator

Can I afford to live at 885 Craigflower Rd?

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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this studio monthly rent price of $1,475.

For more information on rent affordability, visit our rent calculator.

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