Property Type: Detached HouseOwnership: Freehold

312 Bessborough Ave

View Royal, BC V9B1T7

$1,700,000

2 bed2 bath6 parking1,621 sqftBuilt 1986
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Property Details

Property & Lot

Sub-type
House
Lot size
19,602 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,853.92

Interior

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

Exterior & Lot

View
Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
OtherOther11' x 26'
OtherOther25' x 25'
OtherOther12' x 16'
PatioMain level7' x 17'
Primary BedroomMain level15' x 17'
BathroomMain level6' x 12'
OfficeMain level5' x 7'
BedroomMain level11' x 11'
EntranceMain level5' x 13'
Living roomMain level13' x 19'
Dining roomMain level10' x 13'
KitchenMain level9' x 14'
BathroomMain level5' x 6'
Laundry roomMain level8' x 11'
Eating areaMain level8' x 14'

Listing Information

MLS®
1044195
Listed
July 27, 2026
Time on market
On the market for 35 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Generation - The Neal Estate Group · Data source: CREA DDF.

Description

An exceptional, versatile offering in sought-after Limekiln Cove, 2 neighbouring deep water oceanfront properties presenting a rare opportunity for redevelopment, investment or multi-generational living. 312 Bessborough Rd sits on 0.45 acres & is home to a West Coast Contemporary residence. The home is structurally sound & built to support a 2nd level, offering expansion potential. While the floorplan and design are aesthetically pleasing and the home well cared for this opportunity would be a remodellers dream with panoramic views from every room. Next door, 310 Bessborough Rd features an impressive 12,820 sqft lot. The property includes a licensed dock and is located in a Limekiln cove which provides full protection from weather. The east-facing yard enjoys all-day sun & the location at the end of a no-through street provides a secluded setting. The site offers building potential and would be well suited for level-entry living with a 1 or 2-story walkout design, or a main-level entry home with one level above and one below to fully capture the water views. A cabin, previously rented, sits close to the water and could serve as an ideal studio, office, or creative space while building. Together, these properties represent a rare development or lifestyle opportunity whether envisioned as a private family estate, redevelopment project, or two distinct waterfront holdings. Combined, they offer approximately three quarters of an acre and 240 feet of waterfront all with the rare advantage of 24/7 water access, unlike many surrounding properties that become tide-locked. Quietly tucked away along Limekiln Cove in View Royal, the location offers stunning views toward the Olympic Mountains, Esquimalt Harbour and Fisgard Lighthouse while remaining convenient minutes to Victoria General Hospital, Eagle Creek Village, recreation, and downtown Victoria. A unique chance to secure one or two exceptional properties in one of Greater Victoria’s most desirable coastal enclaves. (id:63159)

Values & Trends

This listing

$1,049/sqft

Building average

No other active listings in this building

View Royal average

$276,004/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 ElementaryElementary763 m
Shoreline Community Middle SchoolMiddle1.3 km
Eagle View ElementaryElementary1.5 km
Craigflower ElementaryElementary1.8 km
John Stubbs MiddleElementary2.3 km
John Stubbs ElementaryElementary2.3 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 Avenue318 m
  • Heddle Park · 325 Island Highway480 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($340,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,360,000.00
Periodic payment — Principal & Interest (monthly)$8,774.26
Additional monthly expenses (strata, tax, utilities, etc.)$902.16
Total monthly cost$9,676.42
Interest paid over 5-yr term$389,779.91
Balance at end of term$1,223,324.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$340,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,457.92

Cash Needed at Closing

Minimum down payment$340,000
Estimated BC PTT$32,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$373,500

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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