HomeEsquimaltGorge ValeGorge Vale Commercial for Sale
$1,850,000

863 Parklands Dr, Esquimalt

863 Parklands Dr, Esquimalt

Gorge Vale · Unimproved Land · MLS® 1044857 · Listed Aug 1, 2026

18,480 sqft
Lot
Overview

About This Property

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 Details

Features & Details

Property TypeUnimproved Land
Lot Size18,480 sqft (0.42 acres)
Lot FeaturesCentral Location, Easy Access, Landscaped, Near Golf Course, Serviced
WaterMunicipal
SewerSewer Connected
Taxes$9,700.85 (2026)
MLS® #1044857
BrokerageInitium Real Estate Ltd.
Location

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Neighbourhood

Neighbourhood Scores

Public record · MLS® record

Property History

For sale now at $1,850,000.

Listed (Active)MLS®
Aug 1, 2026 · 87 days on market
$1,850,000

No registered sales on file yet.

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Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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sold comparables

See what comparable homes near 863 Parklands Dr, Esquimalt actually sold for.

24 sales in Gorge Vale 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.

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Similar Active Listings

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The local market right now

gorge vale · all property types
Balanced market
$727,500
Median sold
5.3
Months of supply
36
Avg days to sell

Gorge Vale all property types averages, updated daily. See Gorge Vale market stats or Esquimalt market stats.

Questions about this property

How much is 863 Parklands Dr, Esquimalt listed for?

It is listed at $1,850,000.

How big is the lot at 863 Parklands Dr, Esquimalt?

The lot is 18,480 sqft (0.42 acres).

What is the Esquimalt real estate market like now?

Esquimalt is currently a balanced market: median sold price $727,500, 5.3 months of inventory, homes typically selling in about 36 days.

What other commercial properties are for sale in Gorge Vale?

There are 7 commercial properties for sale in Gorge Vale right now. Browse all Gorge Vale commercial properties for sale to see current listings, updated daily from the MLS® system.

How much do commercial properties cost in Gorge Vale?

The median commercial propertie sold price in Gorge Vale is $727,500, based on 24 sales over the past 12 months. The median price per square foot is $549. Compare asking prices across the commercial properties currently for sale in Gorge Vale.

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VREB · Victoria Real Estate Board

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: Oct 27, 2026.

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