6 Hours Ago
Location
885 Craigflower Rd, Victoria, BC V9A 2X4, CAN|Old Esquimalt
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Property Overview
Olympic View Terrace earns a strong overall rating with standout marks for value, amenities, and location, suggesting a well-rounded rental option. It is also described as a good fit for working from home, with utilities included, large windows for natural light, a quiet setting, and high-speed internet.
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.
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
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 |
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About Olympic View Terrace
Managed by Groupe Denux
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
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.
8.8
/10
Very GoodWith 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.
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.
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·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.
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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
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·6A 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.
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·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.
Olympic View Terrace is great for:
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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
| 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 |
| 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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Internet available near Olympic View Terrace
Getting around Victoria near 885 Craigflower Rd
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
5/10
Frequent public transit options are within walking distance.
Points of interest for 885 Craigflower Rd, Victoria
Groceries
6/10
At least one grocery store within a 15-minute walk
Shopping
7/10
Variety of shops within walking distance
Cafes
6/10
Some cafés within walking distance
Restaurants
6/10
Variety of restaurants within walking distance
Primary schools
5/10
At least one elementary school within a 30-minute walk
High schools
9/10
At least one high school within a 10-minute walk
Nightlife
3/10
Few or no bars within walking distance
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