Property Type: Condo / ApartmentOwnership: Strata

305 103 Gorge Rd E

Victoria, BC V9A6Z2

$550,000

2 bed2 bath1 parking1,139 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
1,154 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$697/mo
Annual property tax
$2,908.97

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view, Ocean view

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
StorageMain level3' x 8'
EnsuiteMain level2-Piece
BedroomMain level10' x 10'
BathroomMain level4-Piece
Primary BedroomMain level12' x 13'
KitchenMain level8' x 9'
Dining roomMain level11'
Living roomMain level12' x 20'
BalconyMain level5' x 10'
EntranceMain level4' x 8'

Listing Information

MLS®
1034474
Listed
May 4, 2026
Time on market
On the market for 119 days
Data last synced
August 28, 2026

Listing provided by: One Percent Realty · Data source: CREA DDF.

Description

An excellent opportunity to own a bright and spacious 1,139 sq ft, two-bedroom, two-bathroom condo. This desirable corner unit offers southwest-facing views of the Gorge Waterway, Olympic Mountains, and city skyline. The functional layout features generously sized bedrooms, large closets, and tasteful updates throughout, including an updated kitchen, refreshed bathrooms, modern doors, quality flooring, and contemporary fixtures. Set well back from the road for added privacy, this well-maintained home is located in a remediated concrete building with newer windows and upgraded common areas, offering comfort and peace of mind. Residents enjoy covered parking, a guest suite, games room, and the “Malahat Room” with stunning 360-degree views, ideal for entertaining. Move-in ready and beautifully presented, this condo is perfect for those seeking comfort, convenience, and natural surroundings. Just steps to the Gorge Waterway and close to all amenities, including Tillicum Centre, as well as Colquitz Middle School and Spectrum Community School. Picnic area on the front lawn with the BBQ. Water acces to the Gorge waterway. (id:63159)

Values & Trends

This listing

$483/sqft

Building average

$634/sqft

3 active listing(s)

Burnside average

$664/sqft

15 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

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

26

4/9 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
Selkirk Montessori School(Independent)Elementary/Middle594 m
SJ Burnside Education CentreSecondary822 m
Victoria West ElementaryElementary860 m
Esquimalt High SchoolSecondary983 m
Tillicum Community SchoolElementary1.2 km
Victor-BrodeurK-121.6 km
BeausoleilElementary1.6 km
Ecole Quadra ElementaryElementary2.0 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+)

  • Floyd's Diner79 m
  • Hecklers Bar & Grill · 123 Gorge Road East129 m
  • Thai Green Elephant · 809 Craigflower Road591 m
  • Marhaba Restaurant · 90 Gorge Road West608 m
  • Crown Palace · 405 Craigflower Road644 m

Cafes (3)

  • Selkirk Cafe · 2960 Jutland Road589 m
  • Spiral Cafe · 418 Craigflower Road625 m
  • Unnamed779 m

Parks (5+)

  • Arbutus Park · 2925 Washington Avenue322 m
  • Burleith Park · 570 Selkirk Avenue335 m
  • Banfield Park · 521 Craigflower Road424 m
  • Viaduct Park445 m
  • Arm Street Park · 1455 Arm Street453 m

Gyms (2)

  • Selkirk Waterfront Fitness620 m
  • Truth Gym Gallery · 1035 Alston Street748 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 5.5% ($30,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$440,000.00
Periodic payment — Principal & Interest (monthly)$2,838.73
Additional monthly expenses (strata, tax, utilities, etc.)$996.41
Total monthly cost$3,835.14
Interest paid over 5-yr term$126,105.26
Balance at end of term$395,781.42

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$30,000
Stress test qualifying rate8.09%
Payment you must qualify for$3,998.62

Cash Needed at Closing

Minimum down payment$30,000
Estimated BC PTT$9,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$40,500

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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