Property Type: Detached HouseOwnership: Freehold

304 Bessborough Ave

View Royal, BC V9B1T7

$1,395,000

4 bed2 bath6 parking2,423 sqftBuilt 1940
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Property Details

Property & Lot

Sub-type
House
Lot size
14,850 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,873.59

Interior

Heating
Forced air, Hot Water
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view
Waterfront
Waterfront on ocean
Lot features
Central location, Cul-de-sac, Southern exposure, Other

Building

Parcel ID (PID)
007-085-168

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
BedroomMain level
BedroomSecond level
BathroomLower level
PatioMain level
PatioMain level
Family roomSecond level
OtherAuxiliary Building
OfficeSecond level
Primary BedroomSecond level
Dining roomMain level
BathroomMain level
BedroomMain level
Living roomMain level
KitchenMain level

Listing Information

MLS®
1036304
Listed
May 11, 2026
Time on market
On the market for 112 days
Data last synced
August 29, 2026

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

Description

Incredible Value An exceptional WATERFRONT opportunity in the heart of View Royal has hit the market. This expansive 14,850 sq ft, southeast-facing property is quietly tucked along Limekiln Cove, offering breathtaking ocean views toward the Olympic Mountains and Fisgard Lighthouse. Zoned to allow up to four units under SSMUH guidelines, the lot presents outstanding flexibility, whether for a striking custom waterfront residence or a thoughtfully designed multi-unit project. Enjoy the rare potential for a private dock, morning paddle launches, and sunrise views over calm coastal waters. Recent site remediation has already been completed, saving valuable time and expense. Set on a peaceful, tree-lined street just minutes from downtown Victoria, Vic General Hospital, schools, Eagle Creek Village, and the Galloping Goose Trail. A truly rare blend of location, views, and development potential in one of Greater Victoria’s most coveted seaside pockets. (id:63159)

Values & Trends

This listing

$576/sqft

Building average

No other active listings in this building

View Royal average

$276,030/sqft

18 active listing(s)

Parking: 6 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

14°C

Humidity 88%

Wind NNW 7 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

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
View Royal ElementaryElementary715 m
Shoreline Community Middle SchoolMiddle1.3 km
Eagle View ElementaryElementary1.4 km
Craigflower ElementaryElementary1.7 km
John Stubbs MiddleElementary2.4 km
John Stubbs ElementaryElementary2.4 km
Crystal View ElementaryElementary2.4 km
Brookes Westshore(Independent)Elementary2.6 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

Parks (2)

  • Newstead Park · 252 Heddle Avenue238 m
  • Heddle Park · 325 Island Highway398 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,116,000.00
Periodic payment — Principal & Interest (monthly)$7,200.05
Additional monthly expenses (strata, tax, utilities, etc.)$610.47
Total monthly cost$7,810.52
Interest paid over 5-yr term$319,848.81
Balance at end of term$1,003,845.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,846.60

Cash Needed at Closing

Minimum down payment$114,500
Estimated BC PTT$25,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,900

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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