Property Type: Land / LotOwnership: Freehold

1637 Warren Gdns

Victoria, BC V8S1S9

$1,414,000

5 bed2 bath7 parkingBuilt 1957
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Property Details

Property & Lot

Lot size
12,621 square feet
Zoning
Residential

R1-B

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$8,053.98

Interior

Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
7

Room Dimensions

RoomLevelDimensions
StorageOther
WorkshopLower level
EntranceLower level
Laundry roomLower level
BathroomLower level3-Piece
OfficeLower level
BedroomLower level
BedroomLower level
Recreation roomLower level
BathroomMain level4-Piece
Primary BedroomMain level
BedroomMain level
BedroomMain level
SunroomMain level
Mud roomMain level
KitchenMain level
Living room/Dining roomMain level
OtherMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1047607
Listed
August 22, 2026
Time on market
On the market for 9 days
Data last synced
August 28, 2026

Listing provided by: Sutton Group West Coast Realty · Data source: CREA DDF.

Description

Exceptional redevelopment opportunity in a highly desirable and established neighborhood. 1637 Warren Gardens presents a rare chance for builders, investors, and developers to secure a property with significant upside potential. The existing structure has sustained major fire damage to the roof and is not currently habitable, requiring substantial repairs or redevelopment. Situated on a valuable residential lot in a sought-after location, this property offers tremendous possibilities for a new custom home, renovation project, or future redevelopment potential subject to municipal approvals. Conveniently located near parks, schools, shopping, transit, and everyday amenities, this is an ideal opportunity for those looking to unlock the full value of the land in a prime area. Bring your vision and explore the possibilities this unique property has to offer. Buyers to verify all redevelopment and zoning possibilities with the appropriate authorities. (id:63159)

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

91,867

(2021 Census)

+7.1% since 2016

Density: 4,723.2/km²

Dwellings: 53,070

Median household income: $67,500

After-tax: $60,000

Immigrant population: 20%

Top countries of origin (% of total population)

  • United Kingdom3.8% · 3,505
  • United States of America2.1% · 1,945
  • Philippines2% · 1,845
  • China1.2% · 1,110
  • India0.7% · 650
  • Germany0.6% · 590
  • Korea, South0.4% · 400
  • Netherlands0.3% · 315

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

5/9 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
Glenlyon Norfolk School(Independent)K-12469 m
Margaret Jenkins ElementaryElementary469 m
Sir James Douglas ElementaryElementary959 m
Central Middle SchoolElementary1.1 km
Sundance-Bank ElementaryElementary1.2 km
Monterey Middle SchoolElementary1.6 km
Victoria HighElementary1.6 km
Victor SchoolK-121.6 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 (1)

  • Sushi Field595 m

Cafes (2)

  • Gonzales Coffee · 1548 Fairfield Road598 m
  • The Teahouse at Abkhazi Garden · 1964 Fairfield Road676 m

Grocery (1)

  • Thrifty Foods · 1590 Fairfield Road579 m

Parks (5+)

  • St. Charles Green377 m
  • Hollywood Park · 1700 Fairfield Road493 m
  • Pemberton Park · 1855 Richardson Street562 m
  • Brooke Street Park · 1425 Brooke Street728 m
  • Wilmer Green Park744 m

Pharmacies (2)

  • Gonzales Pharmacy · 1845 Fairfield Road537 m
  • Heart Pharmacy IDA624 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($116,400) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,131,200.00
Periodic payment — Principal & Interest (monthly)$7,298.12
Additional monthly expenses (strata, tax, utilities, etc.)$671.17
Total monthly cost$7,969.28
Interest paid over 5-yr term$324,205.17
Balance at end of term$1,017,518.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$116,400
Stress test qualifying rate8.09%
Payment you must qualify for$9,978.09

Cash Needed at Closing

Minimum down payment$116,400
Estimated BC PTT$26,280
Legal / closing costs (typical estimate)$1,500
Total cash needed$144,180

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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