Property Type: Condo / ApartmentOwnership: Strata

106 71 Gorge Rd W

Saanich, BC V9A1L9

$439,000

2 bed2 bath1 parking935 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,011 square feet
Zoning
Residential

RESIDENTL

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$718/mo
Annual property tax
$1,859

Interior

Heating
Electric, Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

Waterfront
Waterfront on ocean

Parking

Total spaces
1 — uncovered indicated
Features
Stall

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.

Room Dimensions

RoomLevelDimensions
BedroomMain level
PatioMain level
EntranceMain level
BathroomMain level2-Piece
BathroomMain level4-Piece
Primary BedroomMain level11' x 16'
KitchenMain level11' x 9'
Dining roomMain level8' x 8'
Living roomMain level17' x 12'

Listing Information

MLS®
1042069
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Welcome to Cedar Shores! This spacious ground-floor 2 bed, 2 bath home features a large primary bedroom with walk-through closet to cheater ensuite, open-concept kitchen, in-suite laundry, cozy wood-burning fireplace, and direct patio access for seamless indoor-outdoor living. Recent updates include vinyl flooring, kitchen cabinets, countertops, and an updated bathroom vanity with tile surround. The building has also undergone important recent maintenance including roof, balcony upgrades, and perimeter drainage improvements for added peace of mind. This resort-style waterfront complex offers landscaped grounds, private beach access, pool, hot tub, BBQ area, party room, and walking trails connecting to Gorge Park and the Gorge Waterway—paddleboard into town from your backyard. Well-managed with on-site caretaker and ideally located near shops, rec centre, library, and transit. A great home or investment opportunity—call today to book a viewing! (id:63159)

Values & Trends

This listing

$470/sqft

Building average

No other active listings in this building

Gorge average

$466/sqft

10 active listing(s)

Parking: 1 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

13°C

Humidity 83%

Wind WNW 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

6/9 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
Esquimalt High SchoolSecondary806 m
Tillicum Community SchoolElementary882 m
Selkirk Montessori School(Independent)Elementary/Middle1.1 km
Victoria West ElementaryElementary1.2 km
SJ Burnside Education CentreSecondary1.3 km
BeausoleilElementary1.5 km
Victor-BrodeurK-121.5 km
Rockheights Middle SchoolElementary1.7 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

Restaurants (5+)

  • Marhaba Restaurant · 90 Gorge Road West120 m
  • Hecklers Bar & Grill · 123 Gorge Road East525 m
  • Floyd's Diner538 m
  • Thai Green Elephant · 809 Craigflower Road555 m
  • Villages Pizza · 2929 Tillicum Road612 m

Grocery (1)

  • Fairway Market Gorge Centre · 272 Gorge Road West650 m

Parks (5+)

  • Unnamed230 m
  • Arm Street Promenade233 m
  • Gorge Park · 251 Gorge Road West257 m
  • Arm Street Park · 1455 Arm Street270 m
  • Burleith Park · 570 Selkirk Avenue392 m

Shopping (1)

  • Gorge Shopping Centre649 m

Pharmacies (1)

  • Unnamed · 2947 Tillicum Road640 m

Banks & ATMs (1)

  • CIBC · 2925 Tillicum Road651 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($21,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$351,200.00
Periodic payment — Principal & Interest (monthly)$2,265.82
Additional monthly expenses (strata, tax, utilities, etc.)$919.60
Total monthly cost$3,185.42
Interest paid over 5-yr term$100,654.93
Balance at end of term$315,905.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$21,950
Stress test qualifying rate8.09%
Payment you must qualify for$3,206.97

Cash Needed at Closing

Minimum down payment$21,950
Estimated BC PTT$6,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$30,230

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.

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