Property Type: Land / LotOwnership: Strata

10 Governors Point Rd

View Royal, BC V9B5L8

$850,000

0 bed0 bath2 parking
Get Directions

Property Details

Property & Lot

Lot size
5,706 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$85/mo
Annual property tax
$3,719

Interior

Fireplace
None

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
1038979
Listed
June 2, 2026
Time on market
On the market for 90 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Welcome to Governors Point, a hidden waterfront gem and one of View Royal's most coveted addresses. Situated on picturesque Tovey Bay overlooking Esquimalt Harbour, this exclusive bare land strata community consists of only 11 custom residences in a private, sheltered waters-edge setting. This lot presents a rare opportunity to create a custom home in an established seaside neighbourhood where properties seldom become available. Governors Point offers a lifestyle that is both peaceful and connected. Residents enjoy direct access to the waterfront environment, perfect for kayaking, paddle boarding, shoreline walks, and appreciating the ever-changing coastal scenery. The community's sheltered location provides exceptional privacy while remaining only minutes from downtown Victoria, Vic General Hospital, Eagle Creek Village, schools, parks, and major transportation routes. Secure this building lot in one of View Royal's most sought-after waterfront neighbourhoods. (id:63159)

Location Insights

Weather

Nearest station: Esquimalt

15°C

Humidity 82%

Wind N 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

11,575

(2021 Census)

+11.2% since 2016

Density: 807.7/km²

Dwellings: 5,175

Median household income: $98,000

After-tax: $86,000

Immigrant population: 18.4%

Top countries of origin (% of total population)

  • United Kingdom3.5% · 400
  • India2.5% · 290
  • Philippines1.3% · 145
  • United States of America1% · 120
  • China1% · 115
  • Germany0.6% · 65
  • Pakistan0.5% · 55
  • Hong Kong0.4% · 45

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
View Royal ElementaryElementary857 m
Shoreline Community Middle SchoolMiddle1.4 km
Eagle View ElementaryElementary1.5 km
Craigflower ElementaryElementary1.9 km
John Stubbs ElementaryElementary2.3 km
John Stubbs MiddleElementary2.3 km
Crystal View ElementaryElementary2.3 km
Brookes Westshore(Independent)Elementary2.5 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Parks (3)

  • Newstead Park · 252 Heddle Avenue298 m
  • Heddle Park · 325 Island Highway487 m
  • Price Park · 61 Knollwood Road790 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($60,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$680,000.00
Periodic payment — Principal & Interest (monthly)$4,387.13
Additional monthly expenses (strata, tax, utilities, etc.)$394.92
Total monthly cost$4,782.05
Interest paid over 5-yr term$194,889.95
Balance at end of term$611,662.20

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$60,000
Stress test qualifying rate8.09%
Payment you must qualify for$6,074.82

Cash Needed at Closing

Minimum down payment$60,000
Estimated BC PTT$15,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,500

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information