Property Type: Condo / ApartmentOwnership: Strata

PH1 103 Gorge Rd E

Victoria, BC V9A6Z2

$1,098,000

2 bed2 bath2 parking1,485 sqftBuilt 1978
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
2,793 square feet
Zoning
Residential

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$891/mo
Annual property tax
$3,778

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
None

Exterior & Lot

View
City view, Mountain view, Ocean view
Waterfront
Waterfront on ocean

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Living roomMain level
Dining roomMain level
KitchenMain level
EntranceMain level
BalconyMain level
BathroomMain level4-Piece
BedroomMain level
Primary BedroomMain level
BalconyMain level
BathroomMain level4-Piece
PatioMain level
SunroomMain level

Listing Information

MLS®
1043233
Listed
July 14, 2026
Time on market
On the market for 48 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Oceanside Real Estate · Data source: CREA DDF.

Description

Experience luxury in this masterfully renovated Penthouse, where world-class views meet unrivaled outdoor living. Boasting nearly 1,100 sq. ft. of private walk-out balcony space, this ''backyard in the sky'' offers the city’s finest panoramic vistas of the ocean, the Victoria skyline, and the Olympic Mountains. Tucked away from the street, this home provides rare urban privacy. This pristine, 2-bedroom, 2-bathroom home has not been lived in since its high-end transformation, featuring a designer kitchen with elegant stone countertops, custom cabinetry, and premium appliances. The open-concept interior flows seamlessly through clean lines to spa-inspired bathrooms with contemporary fixtures and refined tile work. Perfectly suited for downsizers seeking low-maintenance, this home is situated in a well-managed building just steps from the scenic Gorge walkway. Enjoy a central location minutes from downtown amenities while retreating to your own polished, modern sanctuary above the city. (id:63159)

Values & Trends

This listing

$739/sqft

Building average

$548/sqft

3 active listing(s)

Burnside average

$646/sqft

15 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

26

4/9 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
Selkirk Montessori School(Independent)Elementary/Middle618 m
Victoria West ElementaryElementary771 m
SJ Burnside Education CentreSecondary879 m
Esquimalt High SchoolSecondary916 m
Tillicum Community SchoolElementary1.3 km
BeausoleilElementary1.5 km
Victor-BrodeurK-121.5 km
Rockheights Middle SchoolElementary2.0 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+)

  • Floyd's Diner171 m
  • Hecklers Bar & Grill · 123 Gorge Road East220 m
  • Thai Green Elephant · 809 Craigflower Road521 m
  • Crown Palace · 405 Craigflower Road555 m
  • Marhaba Restaurant · 90 Gorge Road West640 m

Cafes (2)

  • Spiral Cafe · 418 Craigflower Road534 m
  • Selkirk Cafe · 2960 Jutland Road602 m

Parks (5+)

  • Burleith Park · 570 Selkirk Avenue285 m
  • Banfield Park · 521 Craigflower Road340 m
  • Arbutus Park · 2925 Washington Avenue366 m
  • Arm Street Park · 1455 Arm Street425 m
  • Arm Street Promenade476 m

Gyms (2)

  • Selkirk Waterfront Fitness614 m
  • Truth Gym Gallery · 1035 Alston Street685 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$878,400.00
Periodic payment — Principal & Interest (monthly)$5,667.14
Additional monthly expenses (strata, tax, utilities, etc.)$1,279.83
Total monthly cost$6,946.97
Interest paid over 5-yr term$251,751.96
Balance at end of term$790,123.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,791.15

Cash Needed at Closing

Minimum down payment$84,800
Estimated BC PTT$19,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,260

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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