516 W Gorge Rd
Saanich
V9A 1N3
$2,668,000
Residential
beds: 10
baths: 11.0
5,252 sq. ft.
built: 1912
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 979029
- Bedrooms:
- 10
- Bathrooms:
- 11
- Year Built:
- 1912
- Photos (89)
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Welcome to this exquisite heritage home with breathtaking views of the Gorge waterway. The main floor offers a spacious living room, formal dining room, bedrooms, bathrooms, and expansive decks—perfect for both entertaining and relaxation. Upstairs, you’ll find four large bedrooms, each with its own ensuite, plus a flexible room and a den/office. There is also potential for short-term rentals as an additional income source.
The lower level includes two authorized suites, each with a separate Hydro meter, providing excellent rental income potential. This extensively renovated home (2022–2024) with permits blends historic charm with modern convenience. Don’t miss this rare chance to own a truly unique property.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1912 (Age: 112)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 5,252 sq. ft.
- Listing General Location:
- SW Gorge, Saanich West
- Bedrooms:
- 10
- Bathrooms:
- 11.0 (Full:-/Half:-)
- Lot Size:
- 8,740 sq. ft.
- Kitchens:
- 3
- Home Style:
- Heritage
- Taxes:
- Signup
- Building Features:
- Security System
- Construction:
- Frame Wood, Stucco, Wood
- New Construction:
- No
- Basement:
- Finished
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Roof:
- Metal, Wood
- Levels:
- 4
- Other Structures:
- Storage Shed, Workshop
- Ceiling Heights:
- Signup
- Floor finish:
- Hardwood, Laminate, Tile, Wood
- Total Building Area:
- 6,807 sq. ft.
- Total Unfinished Area:
- 1,555 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 11
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 4
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 4
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 3
- # Second Level Bathrooms:
- 4
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 4
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 2
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 1,652 sq. ft.
- Living Area Main Floor:
- 1,498 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,432 sq. ft.
- Living Area 3rd Floor:
- 670 sq. ft.
- Fireplaces:
- 4
- Fireplace Details:
- Family Room, Living Room, Other
- Laundry Features:
- In House, In Unit
- Water supply:
- Municipal, To Lot
- Sewer:
- Sewer To Lot
- Cooling:
- Air Conditioning
- Heating:
- Baseboard, Electric
- Fireplace:
- Yes
- Pending Date:
- Signup
- Built-In Range, Dishwasher, Dryer, F/S/W/D
- Cathedral Entry, Closet Organizer, Dining Room, Eating Area, Storage, Workshop
- Bay Window(s), Stained/Leaded Glass
- Balcony/Patio, Fencing: Partial, Water Feature
- River
- On Gorge, extra parking on Corner of Heath and Gorge Rd. W
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- Signup
- Accessibility:
- Ground Level Main Floor
- Bed and Breakfast:
- Potential
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 4
- Number of 4 piece baths:
- 6
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Utilities:
- Electricity Connected, Garbage, Recycling
- Exposure / Faces:
- Southwest
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Cleared, Level, Private, Rectangular Lot, Serviced
- Carport Spaces:
- 1
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Attached, Carport, Driveway
- Total Parking Spaces:
- 5
- Total Units:
- Signup
- Date Listed:
- Oct 22, 2024
- Original Price:
- 2888000.0
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View of front of home with a balcony
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workshop
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Loft-Third floor
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Laundry room
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Suite bedroom
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bsmt bathroom
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Bedroom featuring crown molding
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Kitchen featuring white appliances, crown molding, light tile patterned flooring, and sink
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Bsmt Full bathroom with toilet, vanity, crown molding, tile patterned flooring, and tub / shower combination
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Bsmt Washroom with ornamental molding and light tile patterned flooring
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View of pantry
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View of patio / terrace
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Bsmt Bedroom featuring a closet, crown molding, baseboard heating, and light tile patterned floors
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Suite bedroom
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Suite Bedroom featuring ornamental molding
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Bsmt suite Kitchen with ornamental molding, sink, white appliances, and light tile patterned floors
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Suite Full bathroom featuring bathing tub / shower combination, toilet, vanity, ornamental molding, and tile patterned flooring
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Laundry room with crown molding and light tile patterned floors
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View of pantry
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View of patio / terrace
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Bsmt suite Bedroom featuring crown molding, a baseboard heating unit, a closet, and light tile patterned flooring
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Bsmt suite Bedroom featuring light tile patterned floors
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View of front of property featuring a yard, a balcony, and a garage
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Suite Sitting room featuring a baseboard radiator, crown molding, and light tile patterned flooring
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Suite Bathroom featuring vanity, crown molding, shower / bathtub combination with curtain, and tile walls
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Suite Kitchen featuring sink, electric stove, white fridge, ornamental molding, and light tile patterned floors
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Bedroom with light tile patterned flooring
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Suite Kitchen featuring sink, dark brown cabinets, stainless steel appliances, stacked washing maching and dryer, and light tile patterned floors
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Aerial view at dusk with a water view
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View of patio
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View of front facade featuring a balcony
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Floor plan
Listed by Pemberton Holmes Ltd.
Data was last updated November 18, 2024 at 02:05 PM (UTC)
Area Statistics
- Listings on market:
- 20
- Avg list price:
- $969,444
- Min list price:
- $449,900
- Max list price:
- $2,668,000
- Avg days on market:
- 36
- Min days on market:
- 5
- Max days on market:
- 97
- Avg price per sq.ft.:
- $508
These statistics are generated based on the current listing's property type
and located in
SW Gorge. Average values are
derived using median calculations.
- NICOLE PELAN
- RE/MAX CAMOSUN - OAK BAY
- 1 (250) 8969651
- Contact by Email
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