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Buyer Tips

Esquimalt Home Prices by Neighbourhood — 2026 Data for 6 Areas

Dustin Miller
Oct 22, 2026
HomeBlogBuyer TipsEsquimalt Home Prices by Neighbourhood — 2026 Data for 6 Areas

As one of the first areas settled by the Hudson Bay Company, and home to the Canadian Pacific Naval Fleet, the Department of National Defense, and more than a few shipyards, Esquimalt combines historic charm with extensive and productive industry. In addition to being an economic force in the region, Esquimalt features a revitalised town centre, plenty of recreation facilities, and a diverse stock of homes. Boasting everything from condos, to townhomes, to single-family dwellings, all ranging from affordable to luxury, there's a space for many types of neighbours within the community.

Located within walking and biking distance or a quick commute from downtown Victoria, Esquimalt is a true coastal community, surrounded by ocean and the Gorge inlet. It is home to lakes, parks, and neighborhood stores, and current housing and urban revitalisation projects are adding even more value and charm to the area, every day.

Esquimalt Top Neighbourhoods

Rockheights →

Median Price: $875,000
Typical Size: 1,475 sq ft
Price Range: $340K - $1.6M
Character: Elevated views

Saxe Point →

Median Price: $871,975
Typical Size: 1,403 sq ft
Price Range: $370K - $1.66M
Character: Premium waterfront

Gorge Vale →

Median Price: $753,250
Typical Size: 1,396 sq ft
Price Range: $540K - $1.46M
Character: Family-friendly, trails

Esquimalt →

Median Price: $785,000
Sales: 30 (Oct 2025 – Sep 2026)
Character: Affordable, central

Kinsmen Park →

Median Price: $725,000
Typical Size: 1,192 sq ft
Price Range: $390K - $1.61M
Character: Newest developments

Old Esquimalt →

Median Price: $859,999
Typical Size: 1,470 sq ft
Price Range: $283K - $5.2M
Character: Historic heart, village
Township of Esquimalt

What to Expect Living in Esquimalt

House with person icon representing neighbours

The Neighbours

Young families and professionals enjoying the short commute to downtown. They love the bounty of parks, shops, and access to water—spending time in their community, boating up the inlet, or taking a kayak tour of the coastline.

Map pin with heart icon representing favourite places

What You'll Love

The blend of industry and historic military influence with endless access to water, downtown amenities, and BC's natural beauty.

Camper van icon representing active lifestyle

Lifestyle

Easy access to downtown amenities as well as water and recreation creates a balanced, active life for families and individuals alike.

Apartment buildings icon representing property types

Property Types

Esquimalt's neighbourhoods boast a diverse spectrum of housing, with affordable to luxury condos, townhomes, and single-family homes, many of which were originally built as military housing.

Market Analysis

Why Buy in Esquimalt?

Esquimalt offers exceptional value for buyers seeking proximity to downtown Victoria. Here's what makes this coastal municipality a smart investment.

18,000+ Population
5 min To Downtown Victoria
$1.1M Median Home Price
190 Sales, Oct 2025 – Sep 2026
🏖️

Waterfront Living

Saxe Point, Macaulay Point, and Fleming Beach offer public oceanfront access. Launch a kayak at Kinsmen Gorge Park. Watch the naval fleet. Esquimalt delivers coastal living without the premium Oak Bay price tag.

🚗

Closest to Downtown

Esquimalt is Victoria's closest suburb. Five minutes to downtown by car. Ten minutes by bike. Walk to Vic West shops and restaurants. Direct access via Bay Street and Johnson Street bridges.

⚓

Military Employment Stability

CFB Esquimalt employs 7,000 military personnel and civilians. Victoria Shipyards adds another 1,200 jobs. This creates steady demand for housing and supports property values through economic cycles.

🏗️

New Development Wave

The 1075 Tillicum development brought 200+ modern condos to market in 2025-2026. More projects are approved. Esquimalt is adding density while maintaining its coastal character.

🏘️

Diverse Housing Stock

From $283K condos to $5.2M homes, Esquimalt offers every price point. Older character homes in Old Esquimalt. Modern townhouses. New construction. Something for first-time buyers and move-up buyers alike.

🚶

Walkable Village Core

Esquimalt Village offers independent shops, cafés, and services. Walk to groceries, restaurants, and banks. The revitalised main street creates neighbourhood charm without sacrificing urban convenience.

What $1 Million Buys You in Greater Victoria

Median square footage for single-family homes sold between $900,000 - $1,100,000

Source: Victoria Real Estate Board MLS®, Oct 2025 – Sep 2026

Langford →
2,105
square feet
Typical home: 3 bed / 3 bath
Median lot: 4,941 sq ft
Year built: 2011
Sales: 101 homes
Sooke →
2,341
square feet
Typical home: 3 bed / 3 bath
Median lot: 9,583 sq ft
Year built: 2006
Sales: 69 homes
Saanich East →
1,878
square feet
Typical home: 3 bed / 2 bath
Median lot: 7,267 sq ft
Year built: 1965
Sales: 134 homes
Victoria Core →
1,762
square feet
Typical home: 2 bed / 2 bath
Median lot: 5,500 sq ft
Year built: 1947
Sales: 68 homes
Esquimalt →
1,686
square feet
Typical home: 2 bed / 2 bath
Median lot: 6,000 sq ft
Year built: 1954
Sales: 24 homes
Sidney / Peninsula →
1,822
square feet
Typical home: 3 bed / 2 bath
Median lot: 8,410 sq ft
Year built: 1978
Sales: 93 homes
Oak Bay →
Only 7
houses sold in this range
Typical home: Too few sales to report
Median lot: —
Year built: —
Sales: Only 7 homes
💡 Why This Matters

Esquimalt sits in the middle of the pack for square footage at 1,686 sq ft for $1 million, but delivers something the others don't: waterfront access and a 5-minute commute to downtown. You get less space than Langford (2,105 sq ft) or Sooke (2,341 sq ft), but you're not driving 30 minutes each way. And while Victoria Core offers similar proximity (1,762 sq ft), Esquimalt homes include ocean views, beach access, and coastal parks that Victoria's urban grid can't match. For buyers who value location over size, Esquimalt delivers urban convenience with a seaside lifestyle.

Esquimalt combines waterfront living with downtown proximity and military employment stability. Whether it's Saxe Point oceanfront or a walkable village condo, Esquimalt is Greater Victoria's best-kept secret.

Browse Esquimalt Listings →
🏡

Buying in Esquimalt?

Our buyer agency service includes neighbourhood tours, waterfront property analysis, strata document review, and negotiation strategy for Esquimalt's competitive market.

Learn about buyer representation
📸

Selling in Esquimalt?

Esquimalt's waterfront and military heritage deserve premium marketing. Professional MLS photography, data-driven pricing, and strategic positioning help your home stand out.

Learn about our marketing
Esquimalt BC Market Analysis
REAL MARKET DATA

What Can You Buy in Esquimalt?

Based on 190 recent transactions, here's what different budgets get you in Esquimalt. The data shows that Esquimalt offers exceptional waterfront access and military stability—at a lower cost per square foot than Victoria proper.

Data based on 87 condo, 30 townhouse, and 73 single-family sales | October 2025 - September 2026

CONDOS/APARTMENTS

Median Price: $555,000
$555K
Typical Size: 932 sq ft
Price/Sq Ft: $648
Typical Config: 2 bed / 1 bath
Year Built: 2008 (median)
Days on Market: 17 days

TOWNHOUSES

Median Price: $750,000
$750K
Typical Size: 1,394 sq ft
Price/Sq Ft: $522
Typical Config: 2 bed / 2 bath
Year Built: 1994 (median)
Days on Market: 40 days

SINGLE-FAMILY DETACHED

Median Price: $1,099,990
$1.1M
Typical Size: 1,904 sq ft
Price/Sq Ft: $594
Typical Config: 3 bed / 2 bath
Year Built: 1955 (median)
Days on Market: 22 days

Single-Family Detached Homes

Median: $1,099,990 @ $594/sq ft · 1,904 sq ft · 73 recent sales
PRICE RANGE VOLUME MEDIAN SIZE $/SQ FT TYPICAL CONFIGURATION
$600K - $800K 6 sales
(8.2%)
— — —
Entry-level, compact
$800K - $1M 21 sales
(28.8%)
1,544 sq ft $604/sq ft 2 bed / 2 bath
Older homes, character
$1M - $1.5M 38 sales
(52.1%)
2,134 sq ft $576/sq ft 3 bed / 3 bath
Family homes, updated
Over $1.5M 8 sales
(11.0%)
— — —
Premium, waterfront views

Browse houses for sale in Esquimalt →

Real Recent Sales Examples

$901,000
Size: 1,031 sq ft ($873/sq ft)
Config: 2 bed / 2 bath
Built: 1910
Area: Saxe Point
Sold in: 9 days
$1,125,000
Size: 2,688 sq ft ($418/sq ft)
Config: 6 bed / 3 bath
Built: 1908
Area: Old Esquimalt
Sold in: 21 days
$1,385,000
Size: 2,627 sq ft ($527/sq ft)
Config: 3 bed / 1 bath
Built: 1964
Area: Saxe Point
Sold in: 18 days

Condos & Apartments

Median: $555,000 @ $648/sq ft · 932 sq ft · 87 recent sales
PRICE RANGE VOLUME MEDIAN SIZE $/SQ FT TYPICAL CONFIGURATION
Under $400K 14 sales
(16.1%)
760 sq ft $479/sq ft 1 bed / 1 bath
Entry-level, compact
$400K - $600K 34 sales
(39.1%)
785 sq ft $655/sq ft 2 bed / 1 bath
Modern buildings
$600K - $800K 25 sales
(28.7%)
1,108 sq ft $627/sq ft 2 bed / 2 bath
Larger units, good layouts
$800K - $1M 8 sales
(9.2%)
— — —
Premium buildings
$1M - $1.5M 2 sales
(2.3%)
— — —
Waterfront, luxury
Over $1.5M 4 sales
(4.6%)
— — —
Penthouse, harbour views

Browse condos for sale in Esquimalt →

Real Recent Sales Examples

$414,500
Size: 910 sq ft ($455/sq ft)
Config: 3 bed / 1 bath
Built: 1971
Area: Old Esquimalt
Strata: ~$458/mo
Sold in: 33 days
$545,000
Size: 828 sq ft ($658/sq ft)
Config: 2 bed / 1 bath
Built: 2010
Area: Saxe Point
Strata: ~$406/mo
Sold in: 15 days
$725,000
Size: 1,251 sq ft ($579/sq ft)
Config: 2 bed / 2 bath
Built: 2005
Area: Gorge Vale
Strata: ~$472/mo
Sold in: 21 days

Townhouses

Median: $750,000 @ $522/sq ft · 1,394 sq ft · 30 recent sales
PRICE RANGE VOLUME MEDIAN SIZE $/SQ FT TYPICAL CONFIGURATION
$400K - $600K 3 sales
(10.0%)
— — —
Compact, entry-level
$600K - $800K 16 sales
(53.3%)
1,390 sq ft $521/sq ft 2 bed / 2 bath
Family-sized
$800K - $1M 8 sales
(26.7%)
— — —
Modern, new construction
Over $1M 3 sales
(10.0%)
— — —
Premium location

Browse townhouses for sale in Esquimalt →

Real Recent Sales Examples

$708,750
Size: 898 sq ft ($789/sq ft)
Config: 2 bed / 1 bath
Built: 2025
Area: Old Esquimalt
Strata: ~$293/mo
Sold in: 79 days
$819,000
Size: 1,307 sq ft ($626/sq ft)
Config: 3 bed / 2 bath
Built: 2025
Area: Saxe Point
Strata: ~$407/mo
Sold in: 42 days
$925,000
Size: 1,458 sq ft ($634/sq ft)
Config: 3 bed / 4 bath
Built: 2025
Area: Old Esquimalt
Strata: ~$441/mo
Sold in: Immediate

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See every Esquimalt sale, with the price

Sold and pending prices, full listing history, and new-listing alerts for the neighbourhoods you pick.

Create free accountBrowse Esquimalt homes for sale

💡 Key Market Insights

01
New Construction Wave

Esquimalt townhouses sold in the past year have a median build year of 1994, and a quarter were built 2008 or later (30 sales). The 1075 Tillicum development and similar projects are transforming Esquimalt's housing stock with modern, energy-efficient units priced below Victoria proper.

02
Military Employment Stability

CFB Esquimalt employs 7,000 personnel plus Victoria Shipyards' 1,200 workers. This creates consistent housing demand and supports property values through economic cycles. Military families favour Saxe Point and Rockheights for school access.

03
Houses Move Fastest

Esquimalt houses sell in 20 days median vs 32 days for condos. The $400K-$600K bracket (39% of condo sales) is where first-time buyers look for affordable waterfront access near downtown.

04
Lower Price Per Square Foot

Esquimalt delivers $594/sq ft for houses vs Victoria's $623/sq ft. You get coastal proximity and waterfront parks at a 5% discount to Victoria proper, with similar commute times but more parking and larger lots.

05
Heritage Character Mix

Single-family homes show 1955 median year built with sales ranging from 1901-2025. Old Esquimalt and Saxe Point offer heritage character on larger lots, while new developments provide modern efficiency.

06
Waterfront Access Without Premium

Saxe Point Park, Macaulay Point, and Fleming Beach provide public oceanfront access to all Esquimalt residents. Unlike Oak Bay or Fairfield waterfront homes ($2M+), Esquimalt offers coastal lifestyle at middle-market prices.

Buying or selling in Esquimalt?

Talk to Dustin Miller at 8X Real Estate. Local data, straight answers, no pressure.

Buy with 8XSell with 8XEsquimalt market data, updated daily →

Recent 8X Real Estate sales in Esquimalt

849 Dunsmuir Rd #1, EsquimaltSold8X represented the buyer$1,550,000▼ $9K under (0.6%)List $1,559,000849 Dunsmuir Rd #1, Esquimalt2 Bd · 3 Ba · 2,233 sfTownhouseSold Jul 21, 2026 · 11 DOMMLS® 1042760Sotheby's International Realty Canada642 Admirals Rd #302, EsquimaltSold8X represented the buyer$370,000— At listList $370,000642 Admirals Rd #302, Esquimalt2 Bd · 1 Ba · 897 sfCondoSold Jan 7, 2026 · 0 DOMMLS® 1022726Coldwell Banker Oceanside Real Estate1019 DeCosta Pl, EsquimaltSoldSold by 8X$1,750,000▼ $50K under (2.8%)List $1,800,0001019 DeCosta Pl, Esquimalt3 Bd · 4 Ba · 2,191 sfHalf DuplexSold May 9, 2025 · 15 DOMMLS® 9964148X Real Estate

All homes sold by 8X Real Estate →

Recent off-market sales in Esquimalt

Homes that sold without a public listing, from Land Title Office registrations reported by BC Assessment.

AddressHomeRegisteredPrice
217-427 Lampson StCondo · Saxe PointSep 24, 2026$924,900
103-423 Lampson StCondo · Saxe PointSep 17, 2026$1,059,900
208-425 Lampson StCondo · Saxe PointSep 10, 2026$879,900
701-899 Esquimalt RdCondo · West EsquimaltSep 4, 2026$811,900
207-425 Lampson StCondo · Saxe PointAug 27, 2026$862,625

See all off-market sales →

Off-market sales: BC Assessment data used under licence.

Sale date:
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About Author
Dustin Miller

Dustin Miller is the managing broker of 8X Real Estate. When he's not on the road, he is on his computer looking at real estate. You can often find Dustin at his office enjoying a bowl of won-ton soup.

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