New Listing
$1,750,000
 $9,394 est/mo Sourced by Back At You

368 Gorge Rd W,Saanich, BC V9A1M8

Saanich, BC V9A1M8

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Description

DEVELOPMENT/INVESTMENT OPPORTUNITY ON THE GORGE WATERWAY! Situated on an expansive 20,223 sqft (104x194) lot with unobstructed panoramic views of the Gorge Waterway, stroll the Gorge Walkway, launch your kayak from Victoria Canoe & Kayak Club just across the street! Build your dream home, PLA in place to subdivide/SSMUH 8 units (see plans) or 3 unit rental for investors. This desirable waterfront-adjacent location and proximity to downtown Victoria make this an exciting opportunity to explore all development possibilities. The property currently features a well-maintained 1955 home with multiple living spaces with excellent rental potential. The main level offers 3 bedrms, full bath, sunny living & dining rooms facing south, and a deck all overlooking the Gorge water. The walk-out lower level includes a legal 2 bedroom suite with newer flooring, its own hot water tank, separate meter, and private patio/deck. Additional bachelor suite too. Pre-Inspection, Oil tank scan, A/C heat pump. DO NOT disturb tenants or walk on property without approval. (id:374)

Details

MLS #1052764
Listing TypeFor Sale
StyleHouse
StatusActive
Year1955
Days On Site6
Listing Provided ByRE/MAX Camosun | Paul Askew

Features

Bed(s)5
Bath(s) 3 Total
SQ Feet2,947
ZoningResidential
Acreage0.46
Property ViewOcean view

Interior

CoolingAir Conditioned
HeatingHeat Pump, Forced air, Wood
AppliancesWasher, Refrigerator, Range - Electric, Dishwasher, Dryer
Fireplace Yes / NoYes
Fireplaces Total2

Exterior

Lot FeaturesCentral location, Curb & gutter, Southern exposure, Other, Rectangular

Parking

Parking Total4

Taxes

Tax Annual Amount8191.25
Tax LotB

Area Information

ProvinceBC
CitySaanich
Postal CodeV9A1M8
Listing VS Median (in V9A1M8)
Price:
$1,750,000
low | high
Med:
$1,750,000
50% of Average
sqft:
2,947
low | high
Med:
2,947
50% of Average
$ / sqft:
$594
low | high
Med:
$594
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You

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Learn More About This Property

Alex Winiarski

Alex Winiarski

Sutton Group - Quantum Realty Inc- Brokerage

Seniors Real Estate Specialist, REALTOR® (416) 455-9151alexwiniarski@sutton.com
ProvinceBC
CitySaanich
Postal CodeV9A1M8
Listing VS Median (in V9A1M8)
Price:
$1,750,000
low | high
Med:
$1,750,000
50% of Average
sqft:
2,947
low | high
Med:
2,947
50% of Average
$ / sqft:
$594
low | high
Med:
$594
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.312M - $2.187M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
566 Gorge Rd W Property Photo 1
$1,475,000
566 Gorge Rd W
Saanich, BC V9A1N4
Listing Updated: October 21, 2026 at 3:09:43 PM PDT

Alex Winiarski - Sutton