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516 W Gorge Rd
SW Gorge Saanich V9A 1N3

$2,668,000
Residential beds: 10 baths: 11.0 5,252 sq. ft. built: 1912

Main Photo: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 1: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 2: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 3: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 4: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 5: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 6: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 7: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 8: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 9: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 10: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 11: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 12: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
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Photo 51: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 52: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Photo 53: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
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Photo 89: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
Status:
Active
Prop. Type:
Residential
MLS® Num:
979029
Bedrooms:
10
Bathrooms:
11
Year Built:
1912
Welcome to this exquisite heritage home with breathtaking views of the Gorge waterway. The main floor offers a spacious living room, formal dining room, bedrooms, bathrooms, and expansive decks—perfect for both entertaining and relaxation. Upstairs, you’ll find four large bedrooms, each with its own ensuite, plus a flexible room and a den/office. There is also potential for short-term rentals as an additional income source. The lower level includes two authorized suites, each with a separate Hydro meter, providing excellent rental income potential. This extensively renovated home (2022–2024) with permits blends historic charm with modern convenience. Don’t miss this rare chance to own a truly unique property.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1912 (Age: 112)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
5,252 sq. ft.
Listing General Location:
SW Gorge, Saanich West
Bedrooms:
10
Bathrooms:
11.0 (Full:-/Half:-)
Lot Size:
8,740 sq. ft.
Kitchens:
3
Home Style:
Heritage
Taxes:
Building Features:
Security System
Construction:
Frame Wood, Stucco, Wood
New Construction:
No
Basement:
Finished
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Metal, Wood
Levels:
4
Other Structures:
Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Hardwood, Laminate, Tile, Wood
Total Building Area:
6,807 sq. ft.
Total Unfinished Area:
1,555 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
11
# Main Level Bedrooms:
2
# Second Level Bedrooms:
4
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
4
# Other Level Bedrooms:
0
# Main Level Bathrooms:
3
# Second Level Bathrooms:
4
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
4
# 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:
1,652 sq. ft.
Living Area Main Floor:
1,498 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,432 sq. ft.
Living Area 3rd Floor:
670 sq. ft.
Fireplaces:
4
Fireplace Details:
Family Room, Living Room, Other
Laundry Features:
In House, In Unit
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Cooling:
Air Conditioning
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
Built-In Range, Dishwasher, Dryer, F/S/W/D
Cathedral Entry, Closet Organizer, Dining Room, Eating Area, Storage, Workshop
Bay Window(s), Stained/Leaded Glass
Balcony/Patio, Fencing: Partial, Water Feature
River
On Gorge, extra parking on Corner of Heath and Gorge Rd. W
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Ground Level Main Floor
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
4
Number of 4 piece baths:
6
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Utilities:
Electricity Connected, Garbage, Recycling
Exposure / Faces:
Southwest
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Cleared, Level, Private, Rectangular Lot, Serviced
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Carport, Driveway
Total Parking Spaces:
5
Total Units:
Date Listed:
Oct 22, 2024
Original Price:
2888000.0
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    View of front of home with a balcony
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    workshop
  • Photo 54: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Loft-Third floor
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    Laundry room
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    Suite bedroom
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    bsmt bathroom
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    Bedroom featuring crown molding
  • Photo 65: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Kitchen featuring white appliances, crown molding, light tile patterned flooring, and sink
  • Photo 66: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt Full bathroom with toilet, vanity, crown molding, tile patterned flooring, and tub / shower combination
  • Photo 67: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt Washroom with ornamental molding and light tile patterned flooring
  • Photo 68: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of pantry
  • Photo 69: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of patio / terrace
  • Photo 70: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt Bedroom featuring a closet, crown molding, baseboard heating, and light tile patterned floors
  • Photo 71: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite bedroom
  • Photo 72: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Bedroom featuring ornamental molding
  • Photo 73: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt suite Kitchen with ornamental molding, sink, white appliances, and light tile patterned floors
  • Photo 74: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Full bathroom featuring bathing tub / shower combination, toilet, vanity, ornamental molding, and tile patterned flooring
  • Photo 75: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Laundry room with crown molding and light tile patterned floors
  • Photo 76: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of pantry
  • Photo 77: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of patio / terrace
  • Photo 78: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt suite Bedroom featuring crown molding, a baseboard heating unit, a closet, and light tile patterned flooring
  • Photo 79: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bsmt suite Bedroom featuring light tile patterned floors
  • Photo 80: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of front of property featuring a yard, a balcony, and a garage
  • Photo 81: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Sitting room featuring a baseboard radiator, crown molding, and light tile patterned flooring
  • Photo 82: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Bathroom featuring vanity, crown molding, shower / bathtub combination with curtain, and tile walls
  • Photo 83: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Kitchen featuring sink, electric stove, white fridge, ornamental molding, and light tile patterned floors
  • Photo 84: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Bedroom with light tile patterned flooring
  • Photo 85: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Suite Kitchen featuring sink, dark brown cabinets, stainless steel appliances, stacked washing maching and dryer, and light tile patterned floors
  • Photo 86: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Aerial view at dusk with a water view
  • Photo 87: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of patio
  • Photo 88: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    View of front facade featuring a balcony
  • Photo 89: 516 W Gorge Rd in Saanich: SW Gorge Single Family Residence for sale (Saanich West)  : MLS®# 979029
    Floor plan
Listed by Pemberton Holmes Ltd.
Data was last updated December 27, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$825,000
Min list price:
$449,900
Max list price:
$2,668,000
Avg days on market:
48
Min days on market:
15
Max days on market:
135
Avg price per sq.ft.:
$496.58
These statistics are generated based on the current listing's property type and located in SW Gorge. Average values are derived using median calculations.

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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.