Property Type: Land / LotOwnership: Freehold

1258 Woodway Rd

Esquimalt, BC V9A4W7

$1,200,000

0 bed0 bath
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Property Details

Property & Lot

Lot size
7,128 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,739.97

Interior

Fireplace
None

Exterior & Lot

View
Ocean view

Listing Information

MLS®
1043276
Listed
July 14, 2026
Time on market
On the market for 48 days
Data last synced
August 28, 2026

Listing provided by: NAI Commercial (Victoria) Inc. · Data source: CREA DDF.

Description

Rare opportunity to secure a vacant lot in Esquimalt. Process to split the lot has started - each 3,564 sq ft (totaling 7,128 sq ft if combined). With zoning that allows for a single-family home, duplex, or up to four units in a small multi-family building (up to three floors), this is a versatile site ready for your development vision. The property is serviced, and build-ready, located near the Gorge Vale Golf Course, parks, a boat launch, and just 10 minutes to downtown Victoria. With vacant land rare in Esquimalt, this is your chance to build now in a growing, amenity-rich community. Ideal for developers, investors, or families looking to custom-build in a central, transit-friendly location. Contact the listing agent for zoning details and development guidelines. (id:63159)

Location Insights

Weather

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

17,653

(2021 Census)

Density: 2,418.2/km²

Dwellings: 9,036

Median household income: $76,000

After-tax: $67,500

Immigrant population: 15.3%

Top countries of origin (% of total population)

  • United Kingdom3% · 525
  • Philippines1.5% · 270
  • United States of America1.2% · 215
  • India0.8% · 145
  • China0.7% · 115
  • Germany0.5% · 85
  • Viet Nam0.3% · 60
  • France0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

48

7/9 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
Rockheights Middle SchoolElementary393 m
Ecole Macaulay ElementaryElementary1.0 km
Victor-BrodeurK-121.1 km
BeausoleilElementary1.1 km
Esquimalt High SchoolSecondary1.4 km
Victoria West ElementaryElementary2.1 km
Craigflower ElementaryElementary2.3 km
Shoreline Community Middle SchoolMiddle2.4 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+)

  • Benjamin's Cafe · 614B Grenville Avenue300 m
  • Syriana · 1258 Esquimalt Road335 m
  • Kwao Thai Restaurant · 1207A Esquimalt Road432 m
  • Saigon Char-Broil Restaurant · 1205 Esquimalt Road438 m
  • Vietnam Garden Restaurant · 524 Admirals Road444 m

Cafes (3)

  • Esquimalt Roasting Company · 505 Park Place373 m
  • Serious Coffee427 m
  • Serious Coffee512 m

Grocery (2)

  • Red Barn Market365 m
  • Country Grocer597 m

Parks (5+)

  • Unnamed71 m
  • Unnamed126 m
  • Rockcrest Park245 m
  • Naden Park257 m
  • Memorial Park339 m

Shopping (1)

  • Canex240 m

Gyms (1)

  • Esquimalt Recreation Centre · 527 Fraser Street557 m

Pharmacies (1)

  • Pharmasave623 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$395.00
Total monthly cost$6,588.59
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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.

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