C$1,750,000

368 Gorge Rd W, Saanich BC, V9A 1M8

Price per sqftC$593.82

Built in1955

Property size2,947 sqft

Property typeResidential

Courtesy of RE/MAX Camosun

Overview

Active

Listed Oct 21, 2026

Updated 42h ago

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.

Additional information

MLS^® ID: 1052764

Interior Features

Bedrooms: 5
Bathrooms: 3
Fireplace: Yes
Cooling: Yes
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 0.46 Acres

Other Property Details

Taxes: $8,191
Tax Frequency: Annually
View: Yes
Pets Allowed: Yes

Courtesy of RE/MAX Camosun, Paul Askew

Listing Contact: 250-380-8824

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. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stevie Cauvier shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Reciprocity Program