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The latest market trends, mortgage updates, homeownership tips, and in-depth analysis in real estate.

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Victoria Olive Oil Co: A Gourmet Gem in Downtown Victoria

If you love discovering local gems that celebrate flavour, quality, and craftsmanship, Victoria Olive Oil Co is a must-visit. Located at 619 Broughton Street in downtown Victoria, this shop is a sensory experience from the moment you walk through the door.

I recently stopped in to create a closing gift basket for some special clients and was absolutely blown away by the selection and quality. From beautifully bottled olive oils to gourmet food items and artisanal treats, everything here exudes care and authenticity.

The highlight of my visit was definitely the olive oil tasting experience. Sampling their unique blends was such a treat — and the lemongrass and mint-infused oil? Truly unforgettable! It’s refreshing, vibrant, and unlike anything I’ve tasted before.

The staff were friendly, knowledgeable, and went above and beyond to help me curate the perfect gift. Their enthusiasm and expertise made the entire experience even more enjoyable.

Whether you’re looking for a thoughtful local gift, a gourmet addition to your kitchen, or simply a fun tasting experience, Victoria Olive Oil Co is well worth the visit. You can explore their offerings and learn more on their website

Highly recommend stopping by next time you’re in downtown Victoria!

Need more recommendations? Contact me today and I’ll introduce you to more great places to shop, eat and play in Victoria and around southern Vancouver Island.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com

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New Listing Alert in Hawthorne Village!

I have listed a new property at 87 7570 Tetayut Rd in Central Saanich. See details here

OPEN HOUSE SAT OCT 18, 2-4 & SUN OCT 19, 2:30-4:00. Welcome to Hawthorne Village, a sought-after 55+ community known for its peaceful setting and friendly atmosphere. This well-maintained, spacious 2-bedroom, 2-bath home sits at the end of the street, overlooking a forest, and enjoys privacy and sunshine from morning to afternoon. Features include a refreshed kitchen with new countertops, tiled backsplash, and engineered hardwood floors. Both bedrooms fit a king-size bed, and there’s generous storage throughout the home.

Enjoy a fully fenced yard with lush perennials, two paved outdoor seating areas, and palm trees in the front garden. The extended double garage offers extra space, plus driveway parking for two. Updated laundry room with newer washer and dryer—move right in and start enjoying easy living in this welcoming community. Enjoy being nearby the Lochside trail with access to nature right next door.

Contact me today if you’re interested in viewing this property and would like more information.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com

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Sold! A Dream Condo in Victoria’s Rockland Neighbourhood

I’m so excited to share that I’ve helped my client purchase this charming condo at 103-1115 Rockland Ave in one of Victoria’s most desirable neighbourhoods. This beautiful home truly offers a rare opportunity, and I’m so happy to see my client find their perfect fit in such a fantastic location.

What Made This Condo Stand Out?

Unbelievable Value Under $375,000
When we first saw this condo, I knew it was going to be a special find. The ground-level unit was not only immaculate but also priced incredibly well at under $375,000—a great deal for a property in such a sought-after area. For my client, this was a fantastic opportunity to secure a home in Rockland, a neighbourhood known for its charm, tree-lined streets, and proximity to everything Victoria has to offer.

Impeccable Maintenance and Move-In Ready
The unit had been lovingly maintained and was ready to move into right away. It’s clear that the 55+ strata has done a wonderful job of ensuring the building is always well-maintained. From the updated kitchen to the fresh, modern finishes, everything about the condo was clean, crisp, and perfectly suited for my client’s needs.

A True Sense of Community
One of the features my client especially loved was the social room in the building. It’s a gathering space where neighbours can meet and socialize, fostering a real sense of community. For my client, that was exactly the kind of atmosphere they were looking for—somewhere to feel at home, surrounded by friendly faces.

Prime Location with Everything Nearby
The condo’s location was also a huge selling point. Just steps away from coffee shops, grocery stores, restaurants, and parks, my client could enjoy the vibrant Victoria lifestyle without having to travel far. The ocean is also just a short walk away, making it easy to enjoy the natural beauty of Victoria’s waterfront on a whim. Convenience is key, and this condo delivered on that front.

A Rare Find in a Desirable Building
This condo is the only one-bedroom unit in the building, and it’s the first time it’s been available in 15 years! The fact that we were able to secure it for my client was truly a special moment. It’s not often you come across a gem like this, especially in a neighbourhood as coveted as Rockland.

A Perfect Fit for My Client

This condo checked all the boxes for my client—location, community, and unbeatable value. I’m so pleased to have helped them find such a wonderful home in Victoria. If you’re considering buying or selling in Victoria, I’d love to assist you in finding your perfect match too!

Contact me today if you would like to explore other opportunities in the Victoria market. Your dream home might just be waiting for you!

👉 Start Your Search Here

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com

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Victoria Real Estate Market Update – September 2025

The Victoria real estate market ended the summer on a quiet but steady note. According to the Victoria Real Estate Board, 525 properties sold in August 2025—a 3.7% dip compared to August 2024 and 22.8% fewer than July 2025. While condo sales fell 16% year-over-year with 152 units sold, single-family home sales actually rose by 6.3% with 268 homes sold.

Inventory levels also shifted. There were 3,600 active listings at the end of August, down 2.8% from July but still 12.8% higher than August 2024. This increase in availability gives buyers and sellers more breathing room compared to the fast-paced market conditions of recent years.

Price trends remain relatively stable. In Victoria’s core, the benchmark price for a single-family home rose 1.6% year-over-year to $1,308,100 (down slightly from July’s $1,338,800). Condos in the core slipped 1.4% year-over-year to $551,300.

As Board Chair Dirk VanderWal explains:
“Consumers are adjusting their expectations for the time it takes to sell, how long they have to make a decision, and what competition they will encounter. The current market allows more time for planning and decision-making—important when making one of the biggest financial choices of your life.”


What This Means for Buyers

For buyers, today’s conditions present more flexibility than even six months ago. With stable pricing, more inventory, and slightly softer competition, you have more time to make thoughtful decisions instead of rushing. The recent Bank of Canada rate cut to 2.5% has also shifted the mortgage landscape. Variable rates are trending lower, while fixed rates are softening gradually. This creates an opportunity to explore different financing options that may not have been available just a few months back.


What This Means for Sellers

If you’re planning to list this fall, know that buyers have options and are moving carefully. Homes are still selling, but the pace is steadier, and pricing your home strategically will be key. Preparing your property now could help you capture attention as the market ramps up in the fall.


Mortgage Insights: Renewals, Refinances & Rate Trends

Dan Miller and Paul Macara at The Mortgage Group note a few important updates for homeowners and buyers:

  • Variable rates are trending lower following the Bank of Canada’s cut to 2.5%, though discounts are tightening.

  • Fixed rates are softening, though they tend to move down gradually.

  • Lenders are competing aggressively for renewals and switches, which is great news if your mortgage is coming up for renewal.

  • Refinance opportunities are worth exploring if you’re considering renovations, consolidating debt, or adjusting your financial plan.

With another Bank of Canada announcement possibly happening in October, now is a smart time to connect with a trusted mortgage broker to explore your options. Let me know if you want an introduction to them.


Final Thoughts

The Victoria market is balancing out—creating opportunities for both buyers and sellers to plan ahead instead of rushing. Whether you’re buying, selling, renewing, or refinancing, you don’t have to navigate this shift alone.

If you’d like to discuss your real estate plans this fall, or be connected with my mortgage partners at The Mortgage Group for expert advice on renewals and refinances, I’d love to help.

📩 Reach out today and let’s make a plan that works for you.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com

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Sushi Island: Fresh, Flavourful, and Friendly Dining in Victoria

If you’re craving fresh, high-quality sushi in a cozy and welcoming setting, Sushi Island on Hillside Avenue is a must-visit. Located at 1633 Hillside Ave, Unit 105, Victoria, BC, this local gem offers a delightful dining experience with a wide selection of beautifully crafted rolls and sashimi.

From the moment you step inside, the friendly staff and relaxed atmosphere make you feel right at home. The menu features an impressive variety of both traditional and creative sushi rolls, each one expertly prepared and visually stunning.

On my recent visit, the spicy salmon roll stole the show — bursting with bold flavour and just the right amount of heat 🔥. The salmon sashimi was incredibly fresh and plated with care, showcasing the quality and attention to detail that Sushi Island is known for.

What I love most about this spot is the value. The prices are very reasonable for the quality and portion sizes offered, making it a great option for both casual sushi nights and special occasions.

Whether you’re a lifelong sushi lover or new to Japanese cuisine, Sushi Island delivers a consistently enjoyable experience that keeps you coming back. It’s one of those restaurants that reminds you why dining local is always worth it.

Check out their full menu and hours at www.sushiislandvictoria.com and treat yourself to a meal that’s as satisfying as it is delicious. 🍣

Need more recommendations? Contact me today and I’ll introduce you to more great places to eat, shop, and play in Victoria and around southern Vancouver Island.

Jacqueline Ross, REALTOR® 
Coldwell Banker Oceanside
(250) 415-5656
jac@yourvanislehome.com

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.