395 St. Charles St
Victoria, BC V8S3N2
$1,595,000
Property Details
Property & Lot
- Lot size
- 9,200 square feet
- Zoning
- Residential
Missing Middle Initiative
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $6,708.94
Interior
- Heating
- Forced air, Natural gas
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Porch | Main level | 4' x 13' |
| Office | Main level | 10' x 7' |
| Laundry room | Main level | 6' x 12' |
| Bedroom | Main level | 8' x 10' |
| Bedroom | Main level | 9' x 11' |
| Bathroom | Main level | 4-Piece |
| Primary Bedroom | Main level | 10' x 14' |
| Kitchen | Main level | 10' x 12' |
| Dining room | Main level | 9' x 8' |
| Living room | Main level | 12' x 18' |
| Entrance | Main level | 4' x 6' |
Listing Information
- MLS®
- 1038332
- Listed
- June 7, 2026
- Time on market
- On the market for 86 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.
Description
Development Opportunity: Approved 8-Unit Townhouse Project at Chancler & St. Charles, Victoria, BC. Seize a prime investment opportunity in Victoria’s South Fairfield Gonzales neighbourhood, just steps from the Salish Sea, with this 9,200 sq ft development site at the corner of Chandler and St. Charles. Fully zoned and development permit-approved, offering a streamlined path to profitability in one of Victoria’s most desirable markets, minutes from downtown Victoria. A boutique collection of eight modern townhouses, featuring contemporary architecture that will enhance the neighbourhood and stand the design test of time. Tailored to meet strong market demand for Missing Middle price points, the project includes four ground-floor, single-level one- and two-bedroom units, ranging from 650 to 850 sq ft, with private entrances and generous patios, ideal for downsizers, young professionals, and families. Above these are four two-story, three-bedroom units of approximately 1,700 to 2,200 sq ft, with dramatic ceiling heights in main living areas and private rooftop decks, designed to attract families seeking unique, premium living spaces. Situated in South Fairfield, close to Ross Bay and Ross Bay Shopping Centre, steps away from Thrifties, Hollywood Park’s tennis courts, and the beautiful sandy Gonzales Bay Beach. Whether by foot, bike, or transit, residents can commute with ease to Oak Bay Village, Cook St Village, and Downtown Victoria. This quiet, residential enclave of Fairfield Gonzales provides everything needed for a well-connected, active lifestyle, The project includes four dedicated parking spots & two Modo car-share memberships per home, enhancing marketability by blending convenience with sustainable living. With zoning and permits secured, this development eliminates upfront hurdles, allowing you to focus on execution and capitalize on Victoria’s demand for premium, Missing Middle properties. Land cost per Buildable is $143.31 psf or $199,375.00 per Unit. (id:63159)
Location Insights
Weather
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
37
5/9 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
| School | Type | Distance |
|---|---|---|
| Margaret Jenkins Elementary | Elementary | 592 m |
| Sir James Douglas Elementary | Elementary | 775 m |
| Glenlyon Norfolk School(Independent) | K-12 | 819 m |
| Central Middle School | Elementary | 1.3 km |
| Sundance-Bank Elementary | Elementary | 1.6 km |
| Monterey Middle School | Elementary | 1.8 km |
| Christ Church Cathedral School(Independent) | Elementary/Middle | 1.8 km |
| Victoria High | Elementary | 1.8 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 (1)
- Sushi Field226 m
Cafes (1)
- Gonzales Coffee · 1548 Fairfield Road222 m
Grocery (1)
- Thrifty Foods · 1590 Fairfield Road207 m
Parks (5+)
- Hollywood Park · 1700 Fairfield Road214 m
- Brooke Street Park · 1425 Brooke Street460 m
- Little Ross Bay Green · 50 Saint Charles Street539 m
- St. Charles Green612 m
- Gonzales Park · 1809 Crescent Road630 m
Pharmacies (2)
- Heart Pharmacy IDA255 m
- Gonzales Pharmacy · 1845 Fairfield Road629 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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No similar listings found nearby right now.
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Financial Summary
Cash Needed at Closing
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.