Property Type: Land / LotOwnership: Freehold

3106 Washington Ave

Victoria, BC V9A1P6

$1,125,000

0 bed0 bath8 parking
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Property Details

Property & Lot

Lot size
12,694 square feet
Zoning
Residential

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$7,732

Interior

Fireplace
None

Parking

Total spaces
8

Listing Information

MLS®
1042720
Listed
July 9, 2026
Time on market
On the market for 53 days
Data last synced
August 28, 2026

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

Description

BUILDER/INVESTOR ALERT! Prime flat 12,694 sqft site for a 4-detached strata house development. Huge advantage: ALL PLA requirements have been met, with the exception of the servicing. Great oppertunity for builders to finish servicing and build out 4 beautiful homes in a great area close to downtown Victoria. Each home is thoughtfully designed by Zebra Group (approx. 2,600 sqft) featuring 3 beds/3 baths on the main levels plus a 1-bed/1-bath legal suite, perfect for premium market resale. Unbeatable lifestyle location on a quiet, tree-lined street steps to the Gorge Waterway (swimming, kayaking, paddleboarding) & Arbutus waterfront o?-leash dog park. Stroll to a brand-new kids' park with a BMX track & basketball court. The Galloping Goose Trail is at your doorstep for a quick 10-min bike ride to Downtown Victoria, Uptown, or Mayfair Mall. Walk to Victoria's vibrant microbrewery district & Glo Europub. A rare, streamlined development opportunity with the design red tape cleared. Just service and build! (id:63159)

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

41

8/9 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
SJ Burnside Education CentreSecondary471 m
Selkirk Montessori School(Independent)Elementary/Middle582 m
Tillicum Community SchoolElementary1.1 km
Victoria West ElementaryElementary1.4 km
Ecole Quadra ElementaryElementary1.5 km
Esquimalt High SchoolSecondary1.5 km
Colquitz Middle SchoolElementary1.8 km
Cloverdale Traditional ElementaryElementary1.9 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

Restaurants (5+)

  • Persian Grill House · 110 Burnside Road East465 m
  • Hecklers Bar & Grill · 123 Gorge Road East469 m
  • Floyd's Diner505 m
  • Kuku's · 24 Burnside Road West553 m
  • The Ruby692 m

Cafes (5+)

  • The Rebel Garage495 m
  • Selkirk Cafe · 2960 Jutland Road643 m
  • Starbucks · 3180 Douglas Street656 m
  • Unnamed669 m
  • Tim Hortons720 m

Grocery (1)

  • Unnamed624 m

Parks (5+)

  • Cecelia Ravine Park · 475 Burnside Road East219 m
  • Arbutus Park · 2925 Washington Avenue437 m
  • Cecelia Ravine Dog Park438 m
  • Viaduct Park489 m
  • Cecelia Cove Park · 335 Waterfront Crescent532 m

Shopping (1)

  • Unnamed777 m

Gyms (1)

  • Selkirk Waterfront Fitness756 m

Pharmacies (1)

  • Forbes IDA Pharmacy751 m

Banks & ATMs (2)

  • Scotiabank529 m
  • Island Savings · 3195 Douglas Street711 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($87,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$900,000.00
Periodic payment — Principal & Interest (monthly)$5,806.49
Additional monthly expenses (strata, tax, utilities, etc.)$644.33
Total monthly cost$6,450.83
Interest paid over 5-yr term$257,942.59
Balance at end of term$809,552.91

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$87,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,978.01

Cash Needed at Closing

Minimum down payment$87,500
Estimated BC PTT$20,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$109,500

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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