As one of the first areas settled by the Hudson Bay Company, and home to the Canadian Pacific Naval Fleet, the Department of National Defense, and more than a few shipyards, Esquimalt combines historic charm with extensive and productive industry. In addition to being an economic force in the region, Esquimalt features a revitalised town centre, plenty of recreation facilities, and a diverse stock of homes. Boasting everything from condos, to townhomes, to single-family dwellings, all ranging from affordable to luxury, there's a space for many types of neighbours within the community.
Located within walking and biking distance or a quick commute from downtown Victoria, Esquimalt is a true coastal community, surrounded by ocean and the Gorge inlet. It is home to lakes, parks, and neighborhood stores, and current housing and urban revitalisation projects are adding even more value and charm to the area, every day.
Young families and professionals enjoying the short commute to downtown. They love the bounty of parks, shops, and access to water—spending time in their community, boating up the inlet, or taking a kayak tour of the coastline.
The blend of industry and historic military influence with endless access to water, downtown amenities, and BC's natural beauty.
Easy access to downtown amenities as well as water and recreation creates a balanced, active life for families and individuals alike.
Esquimalt's neighbourhoods boast a diverse spectrum of housing, with affordable to luxury condos, townhomes, and single-family homes, many of which were originally built as military housing.
Esquimalt offers exceptional value for buyers seeking proximity to downtown Victoria. Here's what makes this coastal municipality a smart investment.
Saxe Point, Macaulay Point, and Fleming Beach offer public oceanfront access. Launch a kayak at Kinsmen Gorge Park. Watch the naval fleet. Esquimalt delivers coastal living without the premium Oak Bay price tag.
Esquimalt is Victoria's closest suburb. Five minutes to downtown by car. Ten minutes by bike. Walk to Vic West shops and restaurants. Direct access via Bay Street and Johnson Street bridges.
CFB Esquimalt employs 7,000 military personnel and civilians. Victoria Shipyards adds another 1,200 jobs. This creates steady demand for housing and supports property values through economic cycles.
The 1075 Tillicum development brought 200+ modern condos to market in 2025-2026. More projects are approved. Esquimalt is adding density while maintaining its coastal character.
From $320K condos to $2.95M waterfront estates, Esquimalt offers every price point. Older character homes in Old Esquimalt. Modern townhouses. New construction. Something for first-time buyers and move-up buyers alike.
Esquimalt Village offers independent shops, cafés, and services. Walk to groceries, restaurants, and banks. The revitalised main street creates neighbourhood charm without sacrificing urban convenience.
Median square footage for single-family homes sold between $950,000 - $1,050,000
Source: Victoria Real Estate Board MLS®, Last 12 months (2025)
Esquimalt sits in the middle of the pack for square footage at 1,660 sq ft for $1 million, but delivers something the others don't: waterfront access and a 5-minute commute to downtown. You get less space than Langford (2,133 sq ft) or Sooke (2,431 sq ft), but you're not driving 30 minutes each way. And while Victoria Core offers similar proximity (1,779 sq ft), Esquimalt homes include ocean views, beach access, and coastal parks that Victoria's urban grid can't match. For buyers who value location over size, Esquimalt delivers urban convenience with a seaside lifestyle.
Our buyer agency service includes neighbourhood tours, waterfront property analysis, strata document review, and negotiation strategy for Esquimalt's competitive market.
Learn about buyer representationEsquimalt's waterfront and military heritage deserve premium marketing. Professional MLS photography, data-driven pricing, and strategic positioning help your home stand out.
Learn about our marketingBased on 245 recent transactions, here's what different budgets get you in Esquimalt. The data shows that Esquimalt offers exceptional waterfront access and military stability—at a lower cost per square foot than Victoria proper.
Data based on 145 condo, 32 townhouse, and 68 single-family sales | January 2025 - January 2026
| PRICE RANGE | VOLUME | MEDIAN SIZE | $/SQ FT | TYPICAL CONFIGURATION |
|---|---|---|---|---|
| $600K - $800K | 5 sales (7.4%) |
873 sq ft | $874/sq ft | 2 bed / 1 bath Entry-level, compact |
| $800K - $1M | 15 sales (22.1%) |
1,510 sq ft | $597/sq ft | 2 bed / 1 bath Older homes, character |
| $1M - $1.5M | 41 sales (60.3%) |
2,034 sq ft | $586/sq ft | 3 bed / 3 bath Family homes, updated |
| Over $1.5M | 7 sales (10.3%) |
2,661 sq ft | $687/sq ft | 4 bed / 4 bath Premium, waterfront views |
| PRICE RANGE | VOLUME | MEDIAN SIZE | $/SQ FT | TYPICAL CONFIGURATION |
|---|---|---|---|---|
| Under $400K | 23 sales (15.9%) |
393 sq ft | $900/sq ft | 1 bed / 1 bath Entry-level, compact |
| $400K - $600K | 65 sales (44.8%) |
755 sq ft | $681/sq ft | 1 bed / 1 bath Modern buildings |
| $600K - $800K | 43 sales (29.7%) |
837 sq ft | $788/sq ft | 2 bed / 2 bath Larger units, good layouts |
| $800K - $1M | 7 sales (4.8%) |
942 sq ft | $876/sq ft | 2 bed / 2 bath Premium buildings |
| $1M - $1.5M | 5 sales (3.4%) |
1,250 sq ft | $916/sq ft | 2 bed / 2 bath Waterfront, luxury |
| Over $1.5M | 2 sales (1.4%) |
1,865 sq ft | $871/sq ft | 2 bed / 2 bath Penthouse, harbour views |
| PRICE RANGE | VOLUME | MEDIAN SIZE | $/SQ FT | TYPICAL CONFIGURATION |
|---|---|---|---|---|
| $400K - $600K | 1 sale (3.1%) |
760 sq ft | $774/sq ft | 1 bed / 1 bath Compact, entry-level |
| $600K - $800K | 14 sales (43.8%) |
1,409 sq ft | $506/sq ft | 2 bed / 2 bath Family-sized |
| $800K - $1M | 16 sales (50.0%) |
1,458 sq ft | $592/sq ft | 3 bed / 2 bath Modern, new construction |
| $1M - $1.5M | 1 sale (3.1%) |
1,356 sq ft | $788/sq ft | 3 bed / 3 bath Premium location |
Esquimalt townhouses show 2022-2025 median construction dates. The 1075 Tillicum development and similar projects are transforming Esquimalt's housing stock with modern, energy-efficient units priced below Victoria proper.
CFB Esquimalt employs 7,000 personnel plus Victoria Shipyards' 1,200 workers. This creates consistent housing demand and supports property values through economic cycles. Military families favour Saxe Point and Rockheights for school access.
Esquimalt condos sell in 17 days median vs 22 days for houses. The $400K-$600K bracket (45% of condo sales) moves quickly as first-time buyers compete for affordable waterfront access near downtown.
Esquimalt delivers $613/sq ft for houses vs Victoria's $629/sq ft. You get coastal proximity and waterfront parks at a 3% discount to Victoria proper, with similar commute times but more parking and larger lots.
Single-family homes show 1948 median year built with sales ranging from 1908-2025. Old Esquimalt and Saxe Point offer heritage character on larger lots, while new developments provide modern efficiency.
Saxe Point Park, Macaulay Point, and Fleming Beach provide public oceanfront access to all Esquimalt residents. Unlike Oak Bay or Fairfield waterfront homes ($2M+), Esquimalt offers coastal lifestyle at middle-market prices.
