540 View Royal Ave, View Royal
VR View Royal · Single Family Residence · MLS® 1042951 · Listed Jul 10, 2026
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 Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 2,029 sqft |
| Lot Size | 36,590 sqft (0.84 acres) |
| Lot Features | Private, Quiet Area, Rectangular Lot, Rocky, Sloped, Southern Exposure, Wooded |
| Parking | 3 spaces |
| Year Built | 1942 |
| Fireplaces | 1 |
| Heating | Oil, Wood |
| Basement | Full, Unfinished, Walk-Out Access, With Windows |
| Exterior | Stucco, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Basement Slab |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $6,514.93 (2025) |
| Extras | Dryer, Oven/Range Electric, Washer |
| MLS® # | 1042951 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
View Royal single-family averages, updated daily. See View Royal market stats or View Royal market stats.
It is listed at $1,299,900.
A Single Family Residence in VR View Royal, View Royal with 3 bedrooms, 2 bathrooms, 2,029 sqft, built in 1942.
It has 3 parking spaces.
The lot is 36,590 sqft (0.84 acres).
View Royal is currently a seller's market: median sold price $1,143,000, 3.3 months of inventory, homes typically selling in about 38 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 25, 2026.
