Gorge, Saanich · MLS® 1052119
421
1,947 sq ft · 5,990 sq ft lot · House · Single Family · built 1935 · 15 days on market
listed by Vanessa Domingues, Pemberton Holmes - Westshore
Located in one of Victoria’s most sought-after neighbourhoods, just steps from the scenic Gorge Waterway, this extensively renovated 4-bed, 2-bath home offers flexible living and mortgage-helper potential! The main residence features 3 beds and 1 bath, while the self-contained upper 1-bed, 1-bath suite is tenanted month-to-month, with its own entrance at the back of the home with a private deck and separated laundry. Extensive updates in the main suite include a refreshed kitchen, renovated bathroom, new carpeting, refinished bamboo floors, fresh paint, updated lighting, newer roof and brand-new decks and stairs. The lower level offers flexible space for a rec room or home office, plus extra-large storage with future workshop potential. Covered outdoor storage is ideal for gardening tools and recreational gear. The long driveway offers ample parking with potential RV space, subject to municipal regulations. Enjoy nearby waterfront trails, parks and easy access to downtown!
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $5,501 · tax $424 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 1-bedroom in Saanich: CMHC's average there ($1,594) raised by what new tenants pay against everyone in the Victoria area, then down 1% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Greater Victoria School District 61
600 m away · 2766 Admirals Rd, Victoria · 250-384-8157
1.1 km away · 2750 Shoreline Dr, Victoria · 250-386-8367
1.2 km away · 957 Burnside Rd W, Victoria · 250-479-8271
From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $979,000 | $5,092 |
The listing shows $5,092 a year in property tax.
Estimate: the BC Assessment value times Saanich's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
Houses in Saanich, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.
lot outline: 557 m² (5,995 sq ft) · PID 001-523-899. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 51/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 11 parks and playgrounds, 1 school, 25 transit stops.
mihom score from OpenStreetMap places, by straight line distance.