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$1,750,000
British Columbia,Saanich
For Sale Active
368 Gorge Rd W, Saanich, British Columbia V9A1M8
  • 5
  • 3
  • 2,947 Sqft
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Basic Details
Description

DEVELOPMENT/INVESTMENT OPPORTUNITY ON THE GORGE WATERWAY! Situated on an expansive 20, 223 sqft (104×194) 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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1052764
  • Price: $1,750,000
  • Bedrooms: 5
  • Bathrooms: 3
  • View: Ocean view
  • Square Footage: 2,947 Sqft
  • Year Built: 1955
  • Status: Active
  • Office Name: RE/MAX Camosun
  • Property Sub Type: Single Family
  • Office Key: 53078
Features & Appliances
Features
  • Heating System: Forced air, Heat Pump, Wood
  • Cooling System: Air Conditioned
  • Architectural Style: Character
  • Fireplaces Total: 2
Address Map
  • Location: CA, British Columbia, Saanich, V9A1M8
  • Street: Gorge
  • Street Number: 368
  • Street Suffix: Road
  • Longitude: W124° 35' 49.2''
  • Latitude: N48° 26' 56''
  • Zoning: Residential
  • Street Dir Suffix: West
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 20233
Financial
  • Tax Annual Amount: 8191.25
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Listing updated: 2026-10-23 06:41:16
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Listing Information
  • List Agent Key: 1436595
  • List Office Key: 53078
  • Modification Timestamp: 2026-10-21T22:10:02Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2026-10-21T22:03:58Z
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Listing updated: 2026-10-23 06:41:17
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