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368 Gorge Rd, Saanich
Gorge · Single Family Residence · MLS® 1052764 · Listed Oct 21, 2026
DEVELOPMENT/INVESTMENT OPPORTUNITY ON THE GORGE WATERWAY! Situated on an expansive 20,223 sqft (104x194) lot with unobstructed panoramic views of the Gorge Waterway, stroll the Gorge Walkway, launch your kayak from Victoria Canoe & Kayak Club just across the street! Build your dream home, PLA in place to subdivide/SSMUH 8 units (see plans) or 3 unit rental for investors. This desirable waterfront-adjacent location and proximity to downtown Victoria make this an exciting opportunity to explore all development possibilities. The property currently features a well-maintained 1955 home with multiple living spaces with excellent rental potential. The main level offers 3 bedrms, full bath, sunny living & dining rooms facing south, and a deck all overlooking the Gorge water. The walk-out lower level includes a legal 2 bedroom suite with newer flooring, its own hot water tank, separate meter, and private patio/deck. Additional bachelor suite too. Pre-Inspection, Oil tank scan, A/C heat pump.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Interior | 2,947 sqft |
| Lot Size | 20,233 sqft (0.46 acres) |
| Lot Features | Central Location, Curb & Gutter, Landscaped, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure |
| Parking | 4 spaces |
| Year Built | 1955 |
| Fireplaces | 2 |
| Heating | Forced Air, Heat Pump, Wood |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Insulation All, Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood, Mixed, Tile, Vinyl |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $8,191.25 (2026) |
| Laundry | In House, In Unit |
| Extras | Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1052764 |
| Brokerage | RE/MAX Camosun |
For sale now at $1,750,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
29 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.
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29 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 $1,750,000.
A Single Family Residence in SW Gorge, Saanich with 5 bedrooms, 3 bathrooms, 2,947 sqft, built in 1955.
It has 4 parking spaces (Driveway).
The lot is 20,233 sqft (0.46 acres).
Saanich is currently a balanced market: median sold price $1,025,000, 4.3 months of inventory, homes typically selling in about 34 days.
There are 17 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 $1,025,000, based on 29 sales over the past 12 months. The median price per square foot is $578. 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: Oct 22, 2026.
