Fantastic all around: the location is adorable (overlooking Fan Tan Alley on Pandora street, lit with twinkle lights every night). There are tons of great restaurants, bars and shops within a very short walking distance. The bus stops right outside which is convenient as well. (Yes, you can hear it at night with the windows open, but that's city living - turn on the fan and it's all good!). Easy walk or bike ride to the touristy sites if that's what you're looking for, but in an area that quiets down nicely at night.
The condo itself is super clean and well outfitted. The kitchen has everything from toaster to magic bullet mixer, plus all the basics (coffee maker, electric tea kettle, microwave, range / oven, etc.). The bed was very comfortable, linens / towels were very nice / soft and the bathroom has a heated floor (not needed right now in the July heat wave!). I stayed for a few nights but it would be very comfortable for a long stay. The building is extremely nice, safe and also well-built - you can't hear a thing from neighboring units.
I would definitely stay here again and highly recommend Nika & Marko's place if you're staying in Victoria - it's a gem!