Property Type: Detached HouseOwnership: FreeholdNEW LISTING

875 Richmond Ave

Victoria, BC V8S3Z2

$2,099,000

5 bed4 bath2 parking4,358 sqftBuilt 1912
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Character
Lot size
7,841 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,995.86

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (2)
Appliances
Refrigerator, Dishwasher, Range, Oven - Built-In

Exterior & Lot

Lot features
Central location, Level lot, Private setting, Corner Site, Irregular lot size, Other, Marine Oriented

Building

Parcel ID (PID)
025-047-027

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
BathroomLower level4-Piece
BalconySecond level
BalconySecond level
EnsuiteSecond level4-Piece
Primary BedroomSecond level15' x 17'
BedroomSecond level10' x 16'
BedroomSecond level10' x 12'
BathroomSecond level3-Piece
BathroomMain level2-Piece
PorchMain level7' x 4'
KitchenMain level13' x 16'
Eating areaMain level13' x 9'
Dining roomMain level16' x 16'
Living roomMain level29' x 18'
EntranceMain level10' x 16'
PorchMain level5' x 10'
Dining roomMain level16' x 19'
BedroomLower level12' x 16'
BedroomLower level12'
StorageLower level6' x 11'
Living roomLower level16' x 29'
Laundry roomLower level10' x 16'
PatioMain level22' x 19'

Listing Information

MLS®
1048251
Listed
August 31, 2026
Time on market
Listed today
Data last synced
September 1, 2026

Listing provided by: Macdonald Realty Victoria · Data source: CREA DDF.

Description

Welcome to one of Fairfield's finest - a grand 1912 character home meticulously transformed into a spectacular 4,300+ sq ft residence on a generous 7,700 sqft lot. Offering 5 beds & 4 bath, this stunning home beautifully balances century-old craftsmanship with modern comfort. Largely undertaken by Zebra Construction, who in 2001 raised the home as part of a top-to-bottom renovation: all-new plumbing, electrical, drainage, & a full height walk-out basement with ~ 1,500sf legal 2-bed suite. Currently being enjoyed as one single-family home, the opportunity to capitalize on the secondary suite remains…perfect for extended family or strong rental income. Rich period details, 9ft+ ceilings on the main, & quality finishes flow throughout every level, including a rejuvenated gourmet kitchen with high-end appliances. Timelessly styled updated bathrooms & an outstanding family layout. All of this, with off street parking & only a short stroll to Oak Bay Ave & some of the city's best schools! (id:63159)

Values & Trends

This listing

$482/sqft

Building average

No other active listings in this building

Fairfield East average

$736/sqft

9 active listing(s)

Parking: 2 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

30

7/9 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
Glenlyon Norfolk School(Independent)K-12204 m
Sundance-Bank ElementaryElementary670 m
Margaret Jenkins ElementaryElementary695 m
Victor SchoolK-121.2 km
Monterey Middle SchoolElementary1.3 km
St Patrick's School(Independent)Elementary1.3 km
Central Middle SchoolElementary1.3 km
Oak Bay SecondarySecondary1.3 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+)

  • Confit · 1871 Oak Bay Avenue551 m
  • White Heather Tea Room · 1885 Oak Bay Avenue558 m
  • Panda Island Chinese Cuisine676 m
  • Tapas on Oak · 2006 Oak Bay Avenue775 m
  • Kissako Sushi · 2027 Oak Bay Avenue794 m

Cafes (5+)

  • Discovery Coffee · 1964 Oak Bay Avenue703 m
  • Good Earth Coffeehouse · 1971 Oak Bay Avenue720 m
  • The Teahouse at Abkhazi Garden · 1964 Fairfield Road725 m
  • Shine Cafe · 1548 Fort Street767 m
  • QV Coffee House · 1769 Fort Street780 m

Grocery (1)

  • Urban Grocer671 m

Parks (5+)

  • Wilmer Green Park225 m
  • Maddison Green288 m
  • Pemberton Park · 1855 Richardson Street395 m
  • Terrace Park · 1002 Terrace Avenue457 m
  • St. Charles Green674 m

Gyms (2)

  • Arbutus Physiotherapy · 1928 Oak Bay Avenue648 m
  • Spinco Oak Bay · 2005 Oak Bay Avenue754 m

Pharmacies (3)

  • Shoppers Drug Mart652 m
  • Gonzales Pharmacy · 1845 Fairfield Road755 m
  • I.D.A. · 1775 Fort Street782 m

Banks & ATMs (1)

  • Localcoin Bitcoin ATM689 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($419,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,679,200.00
Periodic payment — Principal & Interest (monthly)$10,833.63
Additional monthly expenses (strata, tax, utilities, etc.)$1,134.32
Total monthly cost$11,967.95
Interest paid over 5-yr term$481,263.55
Balance at end of term$1,510,445.83

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$419,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,912.46

Cash Needed at Closing

Minimum down payment$419,800
Estimated BC PTT$40,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$462,270

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.

Request more information