- Active
- Open house Sat, Oct 10
430 Gorge Road
Saanich · Single Family
- Beds
- 3
- Baths
- 2
- Sqft
- 2,658
- Built
- 1946
Listed by Royal LePage Nanaimo Realty LD · MLS® 1042546
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About this home
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
Home facts
- Bedrooms
- 3
- Bathrooms
- 2 full
- Interior
- 2,658 sq ft
- Lot size
- 11,536 sq ft
- Year built
- 1946
- Parking
- 6
- Property type
- Single Family
- Garage
- Yes
- Fireplaces
- 2
- Area
- Gorge
- Style
- Character
- Listed
- July 7, 2026
- Structure
- House
- PID
- 000-434-469
- Common interest
- Freehold
Highlights
- Ocean view
- Meeting/Party Room
- Fireplace
Features and inclusions
- Heating
- Electric, Hot Water
- Cooling
- None
- Parking
- Garage
- Lot
- Central location, Southern exposure, Other
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
- $6,241
- At 5.2008 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
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Climate
What the weather is like in Victoria
Ten year average, 2016–2025.
- Average temperature
- 10.5°C
- Daily mean across the year.
- Yearly precipitation
- 863 mm
- On the drier side for BC.
- Yearly snowfall
- 39 cm
- Snow is the exception here.
- Bright sunshine
- 2,109 h
- Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
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 · 44%
Who lives here
Documents
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