Menu

5 Bed Single Family Detached in Saanich West

$1,750,000

368 Gorge Rd
MLS® NO: 1052764

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.

General

Property Type:Single Family Detached
Title of Ownership:LOT B, PLAN VIP3114, SECTION 13, VICTORIA LAND DISTRICT
Layout:Main Level Entry with Lower Level(s)
Taxes:$8,191
Tax Year:2026
Finished Sq. Ft.:2,947
Unfinished Sq. Ft.:0
Year Built:1955

Building Details

Foundation: Poured Concrete
Roof: Fibreglass Shingle
Heat/Air: Forced Air, Heat Pump, Wood

Site Influences

Lot SqFt: 20,233
Acres: 0.46
Lot Shape: 104 x 194
Water: Municipal
Waste: Sewer Connected
Zoning: RS-6
Parking: Driveway
Lot Features: Central Location, Curb & Gutter, Landscaped, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure

Property Details

Beds: 5
Baths: 3
Sq. Feet: 2,947
Year Built: 1955
Property Type: Single Family Detached
Municipality: Saanich West

Book a Tour

Book a Tour

All fields marked with * are required.

Request More Info

Request More Info

All fields marked with * are required.

Tell a Friend

Tell a Friend

All fields are required.

Mortgage Calculator

This is only a guide. Please verify this information with your mortgage specialist.

Back To Listings

Listed with:

Paul Askew - RE/MAX Camosun
Phone: 250-380-8824

Cassandra Askew - RE/MAX Camosun
Phone: 778-966-3294

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.