- Active
1258 Woodway Road
Esquimalt · Vacant Land
- Lot size
- 7,128 ft²
Listed by NAI Commercial (Victoria) Inc. · MLS® 1043276
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Sign inAbout this home
Rare opportunity to secure a vacant lot in Esquimalt. Process to split the lot has started - each 3,564 sq ft (totaling 7,128 sq ft if combined). With zoning that allows for a single-family home, duplex, or up to four units in a small multi-family building (up to three floors), this is a versatile site ready for your development vision. The property is serviced, and build-ready, located near the Gorge Vale Golf Course, parks, a boat launch, and just 10 minutes to downtown Victoria. With vacant land rare in Esquimalt, this is your chance to build now in a growing, amenity-rich community. Ideal for developers, investors, or families looking to custom-build in a central, transit-friendly location. Contact the listing agent for zoning details and development guidelines.
Home facts
- Lot size
- 7,128 sq ft
- Property type
- Vacant Land
- Area
- Esquimalt
- Listed
- July 14, 2026
- PID
- 001-664-964
- Common interest
- Freehold
Highlights
- Ocean view
- Golf course
Features and inclusions
- Lot
- See remarks, Other, Marine Oriented
Rooms and building
- Water
- Zoning
- Residential
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $5,688
- Property tax
- $350/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,188
Purchase snapshot
- List price
- $1,200,000
- Down payment
- $240,000 (20%)
- Estimated mortgage
- $960,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $7,525
- At 6.2708 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $896 a month
- Gross yield
- 0.9%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Low risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Condo / Apartment · 49%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.