Property Type: Condo / ApartmentOwnership: Strata

133 Gibraltar Bay Dr

View Royal, BC V9B6M2

$1,249,900

4 bed3 bath4 parking2,590 sqftBuilt 2004
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Property Details

Property & Lot

Sub-type
House
Lot size
5,425 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$130/mo
Annual property tax
$5,842.27

Interior

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

Parking

Total spaces
4

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
PatioMain level
EnsuiteSecond level5-Piece
BedroomSecond level11' x 11'
BedroomSecond level11' x 11'
Recreation roomLower level7' x 29'
BedroomMain level12' x 16'
BathroomSecond level4-Piece
BathroomMain level2-Piece
Primary BedroomSecond level14' x 16'
PatioMain level10' x 10'
PatioMain level13' x 24'
KitchenMain level12' x 15'
Dining roomMain level10' x 14'
Bonus RoomLower level13' x 16'
Living roomMain level14' x 16'
BalconySecond level3' x 8'
EntranceMain level7' x 14'

Listing Information

MLS®
1047690
Listed
August 25, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation · Data source: CREA DDF.

Description

One of the best values in View Royal, this custom 2004-built home in prestigious Gibraltar Bay Estates offers ocean access and is just minutes from downtown Victoria. Entertain on the expansive patio with a custom outdoor kitchen, built-in BBQ, and exterior sink, creating the perfect space for summer gatherings. Inside, the bright open-concept layout features a spacious kitchen with abundant counter space and storage flowing into the living and dining areas. A main-floor den is ideal as a home office or fourth bedroom. Upstairs offers three generous bedrooms, including a luxurious primary suite with a walk-in closet and 5-piece ensuite. The lower level features a recreation room plus a massive bonus room ideal for a media room, gym, games room, or hobbies. Complete with a double garage, and an exceptional location, this is a home that truly delivers on space, lifestyle, and value. Don't miss this exceptional opportunity! Your dream home awaits. (id:63159)

Values & Trends

This listing

$483/sqft

Building average

No other active listings in this building

Six Mile average

$585/sqft

16 active listing(s)

Parking: 4 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: 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

11

2/9 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
Eagle View ElementaryElementary892 m
View Royal ElementaryElementary946 m
Shoreline Community Middle SchoolMiddle1.7 km
Craigflower ElementaryElementary2.1 km
Crystal View ElementaryElementary2.3 km
John Stubbs MiddleElementary2.8 km
John Stubbs ElementaryElementary2.8 km
Brookes Westshore(Independent)Elementary2.8 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

Cafes (2)

  • Nest Cafe612 m
  • Unnamed612 m

Parks (5+)

  • Unnamed261 m
  • Knollwood Park · 3 Pearce Place287 m
  • Highbank Park · 381 Island Highway351 m
  • Heddle Park · 325 Island Highway402 m
  • Newstead Park · 252 Heddle Avenue430 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($99,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$999,920.00
Periodic payment — Principal & Interest (monthly)$6,451.14
Additional monthly expenses (strata, tax, utilities, etc.)$746.86
Total monthly cost$7,198.00
Interest paid over 5-yr term$286,579.95
Balance at end of term$899,431.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$99,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,842.41

Cash Needed at Closing

Minimum down payment$99,990
Estimated BC PTT$22,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$124,488

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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