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.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1052764 |
| Status | Active |
| City | Saanich |
| Area | Saanich West |
| Sub-Area | SW Gorge |
| Postal Code | V9A 1M8 |
| Property Taxes | $8,191.25 (2026) |
| Parking Total | 4 |
| Zoning | RS-6 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Heat Pump,Wood |
| Cooling | Air Conditioning |
| Fireplaces | 2 |
| Fireplace Type | Electric,Family Room,Living Room,Wood Burning |
| Appliances | Dishwasher,Dryer,Oven/Range Electric,Refrigerator,Washer |
| Interior Features | Dining Room,Eating Area,Storage |
| Exterior Features | Balcony/Deck,Low Maintenance Yard,See Remarks |
| Construction | Frame Wood,Insulation All,Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Finished,Full,Walk-Out Access,With Windows |
| Laundry | In House,In Unit |
| Listed Date | Oct 21, 2026 |
| Ownership | Freehold |
| Lot Size | 0.46 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bedroom | Main level | 10 ft x 9 ft | |
| Bedroom | Main level | 12 ft x 10 ft | |
| Dining room | Main level | 14 ft x 11 ft | |
| Eating area | Main level | 12 ft x 7 ft | |
| Entrance | Main level | 10 ft x 5 ft | |
| Kitchen | Main level | 9 ft x 9 ft | |
| Laundry room | Main level | 8 ft x 6 ft | |
| Living room | Main level | 15 ft x 19 ft | |
| Primary Bedroom | Main level | 13 ft x 13 ft |
Building Details
Additional Information
| Features | Central location, Curb & gutter, Southern exposure, Other, Rectangular |
| View | Ocean view |
| Land Size | 20233 sqft |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 2947 sqft |
| Transaction | For sale |