About this home

Rare 0.84-acre OCEAN view property on the sought-after water side of View Royal Avenue. This three-level character home offers 2,029 sq ft finished, plus 1,062 sq ft of unfinished space, presenting an exceptional opportunity to renovate, restore or reimagine. The main floor retains its original charm with maple floors, a fireplace, bay window and spacious principal rooms. The upper level offers flexible space for a studio, office, family room or additional bedrooms. The full-height lower level features its own entrance and bathroom, offering future development potential. Outside, mature Garry oaks, natural rockscapes and several outbuildings create a private, park-like setting. Conveniently located close to parks, schools, Admirals Walk, Victoria General Hospital and downtown Victoria. Whether you renovate the existing character home or build your dream residence to capture the full ocean views, this rare large lot offers exceptional flexibility.

Property details

3

Beds

2 full

Baths

2,029 ft²

Floor area

1942

Year built

3

Parking

$6,515/yr

Gross tax

Location & structure

Single Family

Type

1

Fireplace

View Royal

Area

Listed

July 10, 2026

Structure

House

PID

001-893-742

Property highlights

Ocean view

Mountain view

Fireplace

Features & inclusions

Appliances

Washer, Range - Electric, Dryer

Heating

Oil, Wood

Cooling

None

Lot

Private setting, Southern exposure, Wooded area, Rocky, Sloping, Other, Rectangular

Additional details

Common interest

Freehold

Nearby & Commute

26 min

walk to Thrifty Foods Admirals Walk

21 min

bike to Langford Transit Exchange

1h 9m

walk to Langford Transit Exchange

3h 48m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 37%

Documents and due diligence

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Property disclosure statement

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Title search

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Inspection reports

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Building and renovation permits

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Survey or site plan

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Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$6,706

Principal and interest

Calculated estimate

$6,013

Property tax

Listing data

$543/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$1,299,900

Down payment

Calculated estimate

$259,980 (20%)

Estimated mortgage

Calculated estimate

$1,039,920

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Using listing data

Est. monthly total

$6,706

/mo

Rate

%

Amortization

Principal and interest

$6,013

Property tax

$543

P&I

Tax

Down payment

$259,980 (20%)

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This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $259,980 down (20%) on $1,299,900, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.

Detached	58	36.9%
Condo / Apartment	39	24.8%
Townhouse	28	17.8%
Land	13	8.3%
Mobile home	12	7.6%
Other	7	4.5%

$20,000 to $24,999	5	1.0%
$25,000 to $29,999	10	2.0%
$30,000 to $34,999	15	2.9%
$35,000 to $39,999	20	3.9%
$40,000 to $44,999	10	2.0%
$45,000 to $49,999	20	3.9%
$50,000 to $59,999	35	6.9%
$60,000 to $69,999	30	5.9%
$70,000 to $79,999	35	6.9%
$80,000 to $89,999	35	6.9%
$90,000 to $99,999	25	4.9%
$100,000 to $124,999	85	16.7%
$125,000 to $149,999	55	10.8%
$150,000 to $199,999	60	11.8%
$200,000 and over	70	13.7%

Detached	58	36.9%
Condo / Apartment	39	24.8%
Townhouse	28	17.8%
Land	13	8.3%
Mobile home	12	7.6%
Other	7	4.5%

$20,000 to $24,999	5	1.0%
$25,000 to $29,999	10	2.0%
$30,000 to $34,999	15	2.9%
$35,000 to $39,999	20	3.9%
$40,000 to $44,999	10	2.0%
$45,000 to $49,999	20	3.9%
$50,000 to $59,999	35	6.9%
$60,000 to $69,999	30	5.9%
$70,000 to $79,999	35	6.9%
$80,000 to $89,999	35	6.9%
$90,000 to $99,999	25	4.9%
$100,000 to $124,999	85	16.7%
$125,000 to $149,999	55	10.8%
$150,000 to $199,999	60	11.8%
$200,000 and over	70	13.7%

540 View Royal Avenue

540 View Royal Avenue

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