248 Richmond Ave
Victoria, BC V8S3X8
$1,625,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 3,840 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $8,373.91
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Mountain view, Ocean view
Parking
- Total spaces
- 2
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Lower level | — |
| Bathroom | Second level | — |
| Bathroom | Main level | — |
| Utility room | Lower level | — |
| Living room | Lower level | — |
| Bedroom | Lower level | — |
| Kitchen | Lower level | 11' |
| Entrance | Lower level | — |
| Other | Second level | — |
| Primary Bedroom | Second level | — |
| Laundry room | Second level | — |
| Family room | Second level | — |
| Sunroom | Second level | — |
| Balcony | Second level | — |
| Patio | Lower level | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Kitchen | Main level | — |
Listing Information
- MLS®
- 1033108
- Listed
- April 29, 2026
- Time on market
- On the market for 124 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.
Description
Situated in a prestigious location close to Oak Bay and just steps to Gonzales Beach, this exceptional 2,830 sq ft executive-style residence blends refined design with everyday comfort. The thoughtfully designed layout features a chef-inspired kitchen with a marble-top island, stainless steel appliances, wine fridge, indoor barbecue grill, and custom-built hardwood cabinetry offering abundant storage. The elegant living spaces are complemented by two cozy gas fireplaces, a bright sunroom, and a dedicated office —perfect for working from home. Enjoy peaceful ocean glimpses from the TV room and breathtaking sunset views toward the observatory, all set within a quiet, highly desirable neighborhood close to schools and amenities. Complete with an in-law suite, hot water on demand, and irrigation system, this home offers a rare combination of luxury, functionality, and unbeatable coastal convenience. (id:63159)
Values & Trends
This listing
$574/sqft
Building average
—
No other active listings in this building
Fairfield East average
$726/sqft
9 active listing(s)
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
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
37
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
| School | Type | Distance |
|---|---|---|
| Margaret Jenkins Elementary | Elementary | 379 m |
| Glenlyon Norfolk School(Independent) | K-12 | 852 m |
| Sir James Douglas Elementary | Elementary | 1.3 km |
| Monterey Middle School | Elementary | 1.4 km |
| Sundance-Bank Elementary | Elementary | 1.7 km |
| Central Middle School | Elementary | 1.7 km |
| Oak Bay Secondary | Secondary | 2.2 km |
| Victor School | K-12 | 2.2 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 Field488 m
Cafes (2)
- The Teahouse at Abkhazi Garden · 1964 Fairfield Road521 m
- Gonzales Coffee · 1548 Fairfield Road567 m
Grocery (1)
- Thrifty Foods · 1590 Fairfield Road494 m
Parks (5+)
- Gonzales Park · 1809 Crescent Road153 m
- Gonzales Green · 1845 Crescent Road245 m
- Hollywood Park · 1700 Fairfield Road318 m
- Gonzales Hill Regional Park · 302 Denison Road501 m
- Little Ross Bay Green · 50 Saint Charles Street505 m
Pharmacies (2)
- Gonzales Pharmacy · 1845 Fairfield Road346 m
- Heart Pharmacy IDA488 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($325,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.