Property Type: Detached HouseOwnership: Freehold

2817 Adelaide Ave

Saanich, BC V9A2L3

$1,149,900

4 bed3 bath3 parking2,050 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Lot size
6,655 square feet
Zoning
Residential

RS6

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$5,200.79

Interior

Heating
Baseboard heaters, Forced air, Electric, Wood
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
BalconySecond level
Eating areaMain level
PorchMain level
BathroomLower level2-Piece
Living room/Dining roomLower level
KitchenLower level
BathroomSecond level4-Piece
BathroomMain level4-Piece
BedroomSecond level
BedroomSecond level
BedroomMain level
Primary BedroomMain level
KitchenMain level
Dining roomMain level10' x 13'
Living roomMain level15'
EntranceMain level4' x 11'

Listing Information

MLS®
1043860
Listed
July 22, 2026
Time on market
On the market for 40 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.

Description

Open House Sat Aug 8th 1-3. Nestled just steps from the scenic Gorge Waterway, this charming 1954 classic combines character with endless potential. The primary residence retains its original mid-century warmth—highlighted by classic coved ceilings—and features a light-filled 2-bedroom, 1-bathroom layout.. Designed with maximum versatility in mind, the home currently includes a fully legal 2-bedroom, 1.5-bathroom suite, offering fantastic flexibility whether you choose to live in one unit and rent the other, operate a short-term rental, or reconfigure the space. Easily integrate the suite bedrooms back into the main house while keeping a cozy bachelor suite, or seamless restore the layout into one sprawling single-family home. The massive attic space awaits your creative ideas for future expansion, while the generous yard provides ample space for outdoor living, complete with dedicated parking for your RV or boat. A rare versatile gem in a prime coastal location! (id:63159)

Values & Trends

This listing

$561/sqft

Building average

No other active listings in this building

Gorge average

$575/sqft

14 active listing(s)

Parking: 3 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

7

1/9 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
Craigflower ElementaryElementary704 m
Shoreline Community Middle SchoolMiddle1.1 km
Ecole Marigold SchoolElementary1.2 km
Spectrum CommunitySecondary1.2 km
St Joseph's Catholic(Independent)Elementary1.3 km
Tillicum Community SchoolElementary1.4 km
Colquitz Middle SchoolElementary1.7 km
Esquimalt High SchoolSecondary1.9 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

Parks (5+)

  • Unnamed296 m
  • Glen Vale Water Access318 m
  • Gorge Waterway Park363 m
  • Unnamed420 m
  • Walter Park473 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,920.00
Periodic payment — Principal & Interest (monthly)$5,935.01
Additional monthly expenses (strata, tax, utilities, etc.)$536.40
Total monthly cost$6,471.41
Interest paid over 5-yr term$263,651.72
Balance at end of term$827,471.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,150.34

Cash Needed at Closing

Minimum down payment$89,990
Estimated BC PTT$20,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,488

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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