Welcome to this exquisite heritage home with breathtaking views of the Gorge waterway. The main floor offers a spacious living room, formal dining room, bedrooms, bathrooms, and expansive decks—perfect for both entertaining and relaxation. Upstairs, you’ll find four large bedrooms, each with its own ensuite, plus a flexible room and a den/office. There is also potential for short-term rentals as an additional income source.
The lower level includes two authorized suites, each with a separate Hydro meter, providing excellent rental income potential. This extensively renovated home (2022–2024) with permits blends historic charm with modern convenience. Don’t miss this rare chance to own a truly unique property.
Address
516 W Gorge Rd
List Price
$2,668,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Style of Home
Heritage
Area
Saanich West
Sub-Area
SW Gorge
Bedrooms
10
Bathrooms
11
Floor Area
5,252 Sq. Ft.
Lot Size
8740 Sq. Ft.
Lot Size (Acres)
0.2 Ac.
Year Built
1912
MLS® Number
979029
Listing Brokerage
Pemberton Holmes Ltd.
Basement Area
Finished
Postal Code
V9A 1N3
Tax Amount
$6,592.00
Tax Year
2023
Features
Baseboard, Bay Window(s), Built-In Range, Cathedral Entry, Closet Organizer, Dining Room, Dishwasher, Dryer, Eating Area, Electric, F/S/W/D, Hardwood, Laminate, Stained/Leaded Glass, Storage, Tile, Wood, Workshop
Amenities
Balcony/Patio, Cleared, Fencing: Partial, Ground Level Main Floor, Level, Private, Rectangular Lot, Serviced, Storage Shed, Water Feature, Workshop