250 Gorge Rd, Saanich
Gorge · Multi Family · MLS® 1050247 · Listed Sep 17, 2026
The Avison Young Multi-Family Team is pleased to present Gorge Terrace, an extremely well-maintained 36-suite rental apartment building situated adjacent to the Gorge Waterway and Gorge Shopping Centre. The Property occupies a 34,611-sf corner site and has benefited from approximately $490,000 in capital improvements since 2021, including new windows and balconies and 16 fully renovated suites with dishwashers and stainless-steel appliances. Gorge Terrace offers stable in-place income with the opportunity to save on Property Transfer Tax through a bare trust share sale.
| Property Type | Multi Family |
| Year Built | 1969 |
| Heating | Baseboard, Hot Water |
| Exterior | Frame Wood |
| Water | Municipal |
| Taxes | $44,479 (2026) |
| MLS® # | 1050247 |
| Brokerage | Avison Young Commercial Real Estate Services, LP |
80 homes sold in Gorge in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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80 homes sold in Gorge in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
80 sales in Gorge in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
80 sales in Gorge in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
Gorge single-family averages, updated daily. See Gorge market stats or Saanich market stats.
It is listed at $8,900,000.
A Multi Family in SW Gorge, Saanich with built in 1969.
Saanich is currently a seller's market: median sold price $1,022,500, 3.5 months of inventory, homes typically selling in about 34 days.
There are 13 houses for sale in Gorge right now. Browse all Gorge houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Gorge is $1,022,500, based on 80 sales over the past 12 months. The median price per square foot is $583. Compare asking prices across the houses currently for sale in Gorge.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 18, 2026.
