430 Gorge Rd W
Saanich, BC V9A1N1
$1,225,000
Open House
Saturday, September 5
11:00 AM – 1:00 PM
Fabulous Ocean View home ready for your renovating updates. Bonus In-law Suite. Garage. Large Lot.
Property Details
Property & Lot
- Sub-type
- House
- Style
- Character
- Lot size
- 11,536 square feet
- Zoning
- Residential
RS6
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $6,775
Interior
- Heating
- Electric, Hot Water
- Cooling / A/C
- None
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Ocean view
- Lot features
- Central location, Southern exposure, Other
Building
- Parcel ID (PID)
- 000-434-469
Parking
- Total spaces
- 6 — covered indicated
- Features
- Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Entrance | Lower level | 8'3 x 3'6 |
| Bathroom | Lower level | 4-Piece |
| Pantry | Lower level | 4'1 x 6'2 |
| Office | Lower level | 8'5 x 8'3 |
| Living room | Lower level | 16'4 x 15'6 |
| Recreation room | Lower level | 17'11 x 11'9 |
| Kitchen | Lower level | 10'3 x 6'7 |
| Dining room | Lower level | 10'3 x 9'11 |
| Bedroom | Lower level | 11'5 x 11'8 |
| Bathroom | Main level | 4-Piece |
| Entrance | Main level | 8'10 x 4'8 |
| Laundry room | Main level | 8'11 x 6'5 |
| Sunroom | Main level | 15'8 x 6'2 |
| Dining room | Main level | 8'3 x 11'9 |
| Kitchen | Main level | 9'11 x 11'9 |
| Bedroom | Main level | 12'2 x 10'1 |
| Living room | Main level | 14'11 x 17'1 |
| Primary Bedroom | Main level | 14'11 x 13'6 |
Listing Information
- MLS®
- 1042546
- Listed
- July 7, 2026
- Time on market
- On the market for 55 days
- Data last synced
- August 31, 2026
Listing provided by: Royal LePage Nanaimo Realty LD · Data source: CREA DDF.
Description
Rare Gorge Waterway Opportunity – Restore a Timeless Character Home or Explore Future Development. Set on an impressive 0.26-acre ocean view lot beside beautiful Gorge Waterway Park, this exceptional property offers a rare opportunity to restore a classic 1946 character home or explore higher-density redevelopment (buyer to verify with the District of Saanich. The home enjoys sweeping ocean views from the living room, sunroom, kitchen, dining area, and the front of the property. Rich in character, it features original details waiting for a new owner with vision and appreciation for classic architecture. The main living level is entered from the rear driveway through a practical mudroom and laundry area. From there, you'll find a bright sunroom, spacious kitchen and dining area, and a welcoming living room with water views. Two bedrooms and a large bathroom complete this level. A grand front entrance, accessed from the upper driveway, leads into the classic living and dining rooms, highlighted by a cozy fireplace. The lower level contains a self-contained one-bedroom in-law suite with its own hydro meter. With the simple addition of a closet, it could easily become a two-bedroom suite. This level also includes a generous living room, full bathroom, office, recreation room, and kitchen with dining area. Outside, mature trees, shrubs, and established gardens reflect decades of loving care and await the attention of an avid gardener. A detached garage measuring 18'10'' x 16'3'' provides additional storage or workshop space. Whether your dream is to restore a beautiful piece of Victoria's architectural history or unlock the redevelopment potential of this outstanding ocean view property, opportunities like this are becoming increasingly rare. Enjoy an unbeatable location close to Gorge Waterway Park, shopping, schools, recreation, and the many amenities of both Saanich and the City of Victoria. For more information or a viewing, let's get in touch. Lorne at 250-618-0680 (id:63159)
Values & Trends
This listing
$461/sqft
Building average
—
No other active listings in this building
Gorge average
$582/sqft
14 active listing(s)
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: Victoria (University of)
13°C
—
Humidity 83%
Wind WNW 2 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
117,735
(2021 Census)
+3.1% since 2016
Density: 1,136.5/km²
Dwellings: 50,064
Median household income: $93,000
After-tax: $83,000
Immigrant population: 22.5%
Top countries of origin (% of total population)
- China3.5% · 4,110
- United Kingdom3.2% · 3,760
- India2.3% · 2,650
- Philippines1.7% · 1,995
- United States of America1.4% · 1,655
- Germany0.6% · 730
- Hong Kong0.6% · 720
- Viet Nam0.5% · 540
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
37
6/9 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 |
|---|---|---|
| Tillicum Community School | Elementary | 981 m |
| Craigflower Elementary | Elementary | 1.3 km |
| Esquimalt High School | Secondary | 1.4 km |
| St Joseph's Catholic(Independent) | Elementary | 1.4 km |
| Ecole Marigold School | Elementary | 1.4 km |
| Spectrum Community | Secondary | 1.4 km |
| Colquitz Middle School | Elementary | 1.5 km |
| Rockheights Middle School | Elementary | 1.6 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
Restaurants (2)
- Il Greco: Pizzeria & Kebab · 300 Gorge Road West373 m
- Villages Pizza · 2929 Tillicum Road555 m
Grocery (1)
- Fairway Market Gorge Centre · 272 Gorge Road West500 m
Parks (5+)
- Gorge Waterway Park271 m
- Walter Park443 m
- Esquimalt Gorge Park449 m
- Glen Vale Water Access502 m
- Unnamed636 m
Shopping (1)
- Gorge Shopping Centre539 m
Pharmacies (1)
- Unnamed · 2947 Tillicum Road544 m
Banks & ATMs (1)
- CIBC · 2925 Tillicum Road480 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
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Financial Ledger
Rates based on Bank of Canada benchmark data.
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.