863 Parklands Dr, Esquimalt
Gorge Vale · Single Family Residence · MLS® 1031878 · Listed Apr 13, 2026
Prime 0.42-acre development opportunity w/ approved permits to build a duplex at the rear and convert the existing home into another duplex—creating 4 homes. Developers can hold & rent the house while finalizing construction plans, maximizing ROI from day one. Alternatively, this is an ideal multi-generational property—offering the space & flexibility for families or groups to create customized living arrangements on one property Nestled behind mature trees & set back from the road, this rare gem hits the market for the first time in nearly 30 years.The existing home feat: original hardwood floors & charming mid-century details. .South-facing rear yard captures abundant natural light. Located in the heart of Esquimalt with quick access to popular parks, local amenities, shopping, & dining. Enjoy convenient commutes to Downtown Victoria, Saanich, & the West Shore. Don't miss this versatile opportunity, whether you're building your investment portfolio or your family's future.
| Property Type | Single Family Residence |
| Bedrooms | 6 |
| Bathrooms | 4 |
| Interior | 3,686 sqft |
| Lot Size | 18,480 sqft (0.42 acres) |
| Lot Features | Curb & Gutter, Private |
| Parking | 9 spaces (3 garage) |
| Year Built | 1955 |
| Fireplaces | 1 |
| Heating | Forced Air, Oil |
| Basement | Crawl Space |
| Exterior | Insulation: Ceiling, Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $8,941.16 (2025) |
| MLS® # | 1031878 |
| Brokerage | Initium Real Estate Ltd. |
Similar properties sold within 6 months
Gorge Vale single-family averages, updated daily. See Gorge Vale market stats or Esquimalt market stats.
It is listed at $1,850,000.
A Single Family Residence in Gorge Vale, Esquimalt with 6 bedrooms, 4 bathrooms, 3,686 sqft, built in 1955.
It has 6 parking spaces.
The lot is 18,480 sqft (0.42 acres).
Esquimalt is currently a seller's market: median sold price $1,149,900, 3 months of inventory, homes typically selling in about 31 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 26, 2026.
