368 W Gorge Rd
Saanich
V9A 1M8
$1,750,000
Residential
beds: 5
baths: 3.0
2,947 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1052764
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1955
- Photos (50)
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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 Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1955 (Age: 71)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,947 sq. ft.
- Auxiliary Building Living Area:
- 0 sq. ft.
- Main Building Living Area:
- 2,947 sq. ft.
- Listing General Location:
- SW Gorge, Saanich West
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 20,233 sq. ft.
- Lot Details:
- 104 x 194
- Kitchens:
- 3
- Home Style:
- Character
- Taxes:
- Signup
- Building Features:
- Transit Nearby
- Construction:
- Frame Wood, Insulation All, Stucco
- New Construction:
- No
- Basement:
- Finished, Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Fibreglass Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Hardwood, Mixed, Tile, Vinyl
- Total Building Area:
- 2,947 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 2
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 2
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,477 sq. ft.
- Living Area Main Floor:
- 1,470 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Electric, Family Room, Living Room, Wood Burning
- Laundry Features:
- In House, In Unit
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- Air Conditioning
- Heating:
- Forced Air, Heat Pump, Wood
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
- Dining Room, Eating Area, Storage
- Blinds, Insulated Windows, Screens, Vinyl Frames
- Balcony/Deck, Low Maintenance Yard, See Remarks
- Ocean
- Gorge Rd W just west of Tillicum Road. Between Tillicum and Gorge View Roads on North side of Gorge Rd W.
- Main Level
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- Signup
- Zoning:
- RS-6
- Legal Non-Conformance:
- No
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Utilities:
- Cable Connected, Electricity Connected, Garbage, Natural Gas Available, Phone Connected, Recycling
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower Level(s)
- Lot Site Features:
- Central Location, Curb & Gutter, Landscaped, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Oct 21, 2026
- Original Price:
- 1750000.0
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Aerial View South over Gorge Waterway -
Aerial View North
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Map - Lot directly facing the water
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Directly across from the Gorge Waterway & Walkway
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Aerial View North
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Front of dwelling
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Front of dwelling
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Front of dwelling
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View from dwelling
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View from main floor living room
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Main floor entry
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Main floor living room view
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Water view from main floor west deck
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Main floor Plan
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Ground level patio/deck
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Lower level patio/deck entry
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Rear yard from lower deck
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Lower Level Floor Plan.2 Bedroom suite & Studio suite
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West side yard & studio entry
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Studio kitchen/living/dining
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Front driveway &view
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Listed by RE/MAX Camosun
Data was last updated October 21, 2026 at 10:05 PM (UTC)
Area Statistics
- Listings on market:
- 37
- Avg list price:
- $909,000
- Min list price:
- $99,000
- Max list price:
- $1,599,900
- Avg days on market:
- 41
- Min days on market:
- 1
- Max days on market:
- 319
- Avg price per sq.ft.:
- $505.33
These statistics are generated based on the current listing's property type
and located in
SW Gorge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- BCHOMEGROUP.CA
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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