Property Type: Condo / ApartmentOwnership: Strata

212 73 Gorge Rd W

Saanich, BC V9A1L9

$364,900

2 bed2 bath1 parking869 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
869 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$659/mo
Annual property tax
$1,833.28

Interior

Heating
Baseboard heaters, Natural gas
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)

Exterior & Lot

Waterfront
Waterfront on ocean

Parking

Total spaces
1

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
PatioMain level6'4 x 14'7
EnsuiteMain level5'0 x 8'7
Primary BedroomMain level14'4 x 19'6
BathroomMain level5'0 x 5'0
BedroomMain level12'1 x 8'7
Living roomMain level18'8 x 12'1
Dining roomMain level8'9 x 8'3
KitchenMain level9'9 x 8'3
EntranceMain level3'10 x 5'4

Listing Information

MLS®
1046701
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. - Oak Bay · Data source: CREA DDF.

Description

Ground-floor 2-bedroom condo in the Cedar Shores complex, offering exceptional value for first-time buyers or investors in Victoria. Unit 212 features a functional floor plan with separated bedrooms for optimal privacy. The interior includes an updated kitchen, a fireplace, in-suite laundry, an assigned parking stall, and separate storage. Maintained as a neutral blank canvas, this home allows buyers to build equity through personal updates rather than paying a premium for a previous owner's choices. The complex provides excellent amenity value, including an indoor pool, hot tub, tennis courts, and a party room. Situated steps from the scenic Gorge Waterway trails, parks, and transit, the location ensures a straightforward, efficient commute to downtown Victoria. A practical, well-positioned property combining affordability with an active lifestyle. Schedule your private viewing today. (id:63159)

Values & Trends

This listing

$420/sqft

Building average

$350/sqft

1 active listing(s)

Gorge average

$471/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 SchoolSecondary811 m
Tillicum Community SchoolElementary861 m
Selkirk Montessori School(Independent)Elementary/Middle1.2 km
Victoria West ElementaryElementary1.2 km
SJ Burnside Education CentreSecondary1.3 km
BeausoleilElementary1.5 km
Victor-BrodeurK-121.5 km
Colquitz 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 West103 m
  • Hecklers Bar & Grill · 123 Gorge Road East556 m
  • Floyd's Diner570 m
  • Thai Green Elephant · 809 Craigflower Road575 m
  • Villages Pizza · 2929 Tillicum Road579 m

Grocery (1)

  • Fairway Market Gorge Centre · 272 Gorge Road West616 m

Parks (5+)

  • Unnamed224 m
  • Gorge Park · 251 Gorge Road West224 m
  • Arm Street Promenade253 m
  • Arm Street Park · 1455 Arm Street294 m
  • McNaughton Water Access412 m

Shopping (1)

  • Gorge Shopping Centre616 m

Pharmacies (1)

  • Unnamed · 2947 Tillicum Road608 m

Banks & ATMs (1)

  • CIBC · 2925 Tillicum Road618 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Other Listings in This Building

Other units currently listed in the same building. 212 73 Gorge Rd W

View building profile →
Built 1981

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$291,920.00
Periodic payment — Principal & Interest (monthly)$1,883.37
Additional monthly expenses (strata, tax, utilities, etc.)$854.77
Total monthly cost$2,738.14
Interest paid over 5-yr term$83,665.11
Balance at end of term$262,582.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,245
Stress test qualifying rate8.09%
Payment you must qualify for$2,665.66

Cash Needed at Closing

Minimum down payment$18,245
Estimated BC PTT$5,298
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,043

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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