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5 3 2,947 sqft
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Residential

$1,750,000
368 Gorge Rd, Saanich, BC

Address

368 Gorge Rd, Saanich, BC

Price

$1,750,000

Bedrooms

5

Bathrooms

3

Square Feet

2,947

Property 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.

Room Details

Bathroom

Level: Main level

Dimensions: 4-Piece

Bedroom

Level: Main level

Dimensions: 10 ft x 9 ft
Size: 9 ft × 10 ft

Bedroom

Level: Main level

Dimensions: 12 ft x 10 ft
Size: 10 ft × 12 ft

Dining room

Level: Main level

Dimensions: 14 ft x 11 ft
Size: 11 ft × 14 ft

Eating area

Level: Main level

Dimensions: 12 ft x 7 ft
Size: 7 ft × 12 ft

Entrance

Level: Main level

Dimensions: 10 ft x 5 ft
Size: 5 ft × 10 ft

Kitchen

Level: Main level

Dimensions: 9 ft x 9 ft
Size: 9 ft × 9 ft

Laundry room

Level: Main level

Dimensions: 8 ft x 6 ft
Size: 6 ft × 8 ft

Living room

Level: Main level

Dimensions: 15 ft x 19 ft
Size: 19 ft × 15 ft

Primary Bedroom

Level: Main level

Dimensions: 13 ft x 13 ft
Size: 13 ft × 13 ft
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Property Details

MLS® Number: 1052764
Property Type: Residential
Property Subtype: Single Family Detached
Status: Active
Lot Size: 0.46 acres
Area: Saanich West - SW Gorge
Annual Tax: $8,191 (2026)

Additional Property Details

Building Type: House
Construction Date: 1955
Interior Size: 2947 sqft
Cooling: Air Conditioned
View: Ocean view

Property Features & Amenities

Features: Central location, Curb & gutter, Southern exposure, Other, Rectangular

Parking & Land Details

Parking Spaces: 4
Land Size: 20233 sqft
Land Access: Road access
Acreage: false

Landscape & Property Information

Irregular Land Size: 20233
Ownership Type: Freehold
Transaction Type: For sale

MLS® Number

1052764

Property Location

368 Gorge Rd, Saanich, BC

Listed by RE/MAX Camosun

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