Open houses

Ray Rasouli will reply by email or phone to confirm a time.

About this home

Open House Saturday Nov 14 1-3pm RARELY AVAILABLE · HUGE CORNER UNIT · GORGE WATERWAY This is the one you've been waiting for. Bright, spacious, and meticulously maintained, this exceptional 1,234 sq ft corner unit is a rare find & it lives like a home! Bathed in natural light from its coveted south-facing exposure, every room feels warm & inviting complete with an enclosed balcony to soak up some sun! The generous layout offers lots of living space, a kitchen designed for entertaining, room for a full-size dining table perfect for hosting family and friends. A thoughtfully expanded ensuite features an extra-wide soaker tub, & 2nd bedroom is complete with a beautiful murphy bed. Step outside and you're moments from the Gorge Waterway, with the kind of everyday beauty most people only visit on weekends, with shopping, transit & amenities close by. Secure indoor parking, lots of visitor parking , bike storage, pet friendly. A condo this size, in this location, in this condition is a rare find. Ask for the list of renos! Bonus AC unit, Murphy bed and kitchen island included!

Home facts

Bedrooms: 2
Bathrooms: 2 full
Interior: 1,236 sq ft
Lot size: 1,286 sq ft
Year built: 1989
Parking: 1
Property type: Single Family
Garage: Yes
Area: Gorge
Listed: September 9, 2026
Structure: Apartment
PID: 014-281-660
Common interest: Condo/Strata

Highlights

Balcony
Underground parking
Bike storage

Features and inclusions

Appliances: Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Heating: Baseboard heaters, Electric
Cooling: Window air conditioner
Parking: Attached Garage, Underground, Street
Lot: Central location, Southern exposure, Corner Site, Other
Community: Family Oriented, Pets Allowed With Restrictions

Rooms and building

Water
Zoning: Multi-Family

Listed by Coldwell Banker Oceanside Real Estate. Last updated Nov 9, 2026, 10:40 AM.

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: $2,701
Property tax: $167/mo
Home insurance: $150/mo
Estimated monthly total: $3,018

Purchase snapshot

List price: $569,900
Down payment: $113,980 (20%)
Estimated mortgage: $455,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Fairway Market Gorge Centre10 min

Bike to Railyards5 min

Walk to Railyards17 min

Drive to downtown Vancouver3h 49m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Condo / Apartment · 55%

Homes for sale nearby, by type

Condo / Apartment268 for sale

Detached101 for sale

Townhouse72 for sale

Land16 for sale

Other14 for sale

Duplex12 for sale

Active listings within 3 km of this home.

Homes built in Saanich, by type

Low-rise apartment63.8% · 220

Row house14.5% · 50

Single-detached10.1% · 35

Apartment in duplex10.1% · 35

Movable dwelling1.4% · 5

Source: Statistics Canada, 2021 Census of Population. 345 dwellings.

Who lives here

Statistics Canada area 59170364 · Saanich

Median age: 46
Renter households: 46%
Average household size: 2.0
Median household income: $67,500

Population (2021): 688
Median rent: $1,250
Owner shelter cost: $920
30%+ of income on shelter: 28%
Owner households: 54%
Households with kids: 22%
Immigrants: 25%
Post-secondary: 49%
Average home value (2021): $556,000

Breakdown

$15,000 to $19,9991.5% · 5

$20,000 to $24,9994.4% · 15

$25,000 to $29,9991.5% · 5

$30,000 to $34,9994.4% · 15

$35,000 to $39,9992.9% · 10

$40,000 to $44,9994.4% · 15

$45,000 to $49,9998.8% · 30

$50,000 to $59,99910.3% · 35

$60,000 to $69,99910.3% · 35

$70,000 to $79,9998.8% · 30

$80,000 to $89,9998.8% · 30

$90,000 to $99,9998.8% · 30

$100,000 to $124,99910.3% · 35

$125,000 to $149,9997.4% · 25

$150,000 to $199,9994.4% · 15

$200,000 and over2.9% · 10

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170364.

#219 – 40 Gorge Road

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