Waterfront Houses for sale in Victoria

Seaside retreats that define the good life on Vancouver Island

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For sale $529,900
17 8895 West Coast Rd, sooke, British Columbia

17 8895 West Coast Rd

Sooke, British Columbia

1 Bedroom 1 Bathroom 799 sqft
RE/MAX Alliance
RE/MAX Generation
For sale $2,799,900
1902/1904 Billings Rd, sooke, British Columbia

1902/1904 Billings Rd

Sooke, British Columbia

6 Bedroom 6 Bathroom 6816 sqft
Maxxam Realty Ltd.
For sale $2,049,000
670 Sunset Dr, salt spring, British Columbia

670 Sunset Dr

Salt Spring, British Columbia

4 Bedroom 3 Bathroom 2578 sqft
Pemberton Holmes - Salt Spring
For sale $424,500
12 8895 West Coast Rd, sooke, British Columbia

12 8895 West Coast Rd

Sooke, British Columbia

1 Bedroom 1 Bathroom 990 sqft
Coldwell Banker Oceanside Real Estate
For sale $679,999
210 6596 BAIRD Rd, port renfrew, British Columbia

210 6596 Baird Rd

Port Renfrew, British Columbia

2 Bedroom 2 Bathroom 1595 sqft
RE/MAX Camosun
For sale OPEN HOUSE $1,400,000
3210 Armadale Rd, pender island, British Columbia

3210 Armadale Rd

Pender Island, British Columbia

3 Bedroom 1 Bathroom 1183 sqft
Coastal Life Realty Ltd.
For sale $775,000
307 1083 Tillicum Rd, esquimalt, British Columbia

307 1083 Tillicum Rd

Esquimalt, British Columbia

2 Bedroom 2 Bathroom 1256 sqft
RE/MAX Camosun
For sale $629,000
306 485 Island Hwy, view royal, British Columbia

306 485 Island Hwy

View Royal, British Columbia

2 Bedroom 2 Bathroom 1242.74 sqft
RE/MAX Camosun
For sale $1,288,000
649 Edith Point Rd, mayne island, British Columbia

649 Edith Point Rd

Mayne Island, British Columbia

3 Bedroom 3 Bathroom 2977 sqft
Macdonald Realty Victoria
For sale $945,000
1268 Saltspring Pl, parksville, British Columbia

1268 Saltspring Pl

Parksville, British Columbia

3 Bedroom 3 Bathroom 3469 sqft
Jks Realty & Property Management
For sale $950,000
242 6596 Baird Rd, port renfrew, British Columbia

242 6596 Baird Rd

Port Renfrew, British Columbia

2 Bedroom 2 Bathroom 1086 sqft
Angell
For sale $10,600,000
546 Taylor Rd, metchosin, British Columbia

546 Taylor Rd

Metchosin, British Columbia

7 Bedroom 5 Bathroom 6906 sqft
Engel & Volkers Vancouver Island - Victoria

What makes Waterfront properties special?

Not much is necessary to explain that question. Our little city below the 49th parallel boasts some of the most pristine shoreline and scenery in all of North America.  

Location

Access to some of the best sailing waters and vistas in all of Canada near Victoria’s downtown. Depending on which neighbourhood is most appealing to you, you are never too far away from one of Canada’s best cities for entertainment, events, and dining

Value

Finite supply and nationwide appeal make all waterfront properties in Victoria a tremendous long term value proposition. They are a chance to live with an investment that has grown by between 45-60% since 2010

Picturesque

Some of the most astonishing vistas of the Pacific Northwest are captured by looking across the Sea. On the Southern Coast, views of the Olympic Mountains, to the East, Mt. Baker, and on the Saanich Inlet, gorgeous sunsets

Welcome to paradise

 

There is a finite amount of waterfront property available in Victoria’s core neighbourhoods. The most coveted is scattered in different neighbourhoods like the Uplands, Ten Mile Point, South Oak Bay, Deep Cove, and Lands End

Sales (past decade)

Sales 2M+ (past decade)

New Listings (Past Decade)

New Listings (2020)

RECENT HISTORY

The implementation of Speculation/Vacancy and Foreign Buyers tax softened the pricing tracjectory of waterfront homes in Victoria in 2018 and 2019 but they have rebounded since.

For 2019, there were 164 sales of Single Family Waterfront Homes (a jump from 141 the previous year).  Many properties in greater Victoria valued over $1M saw some retraction in 2019 as the luxury market continued to feel the effect of specific tax laws. This dip is consistent with the most recent BC Assessment Values that reached homeowners in the first week of January, 2020.  Contrary to this information, the average sale price of waterfront property in Victoria jumped from $1,524,436 in 2019 to $2,054,827 so far in 2020.

  • sale price to assessed value ratio (2019) – 111.1%
  • sale price to list price ratio – 95.7%
  • sale price to original price ratio – 94.8%

For property evaluations, market trends, and other insights.

Connect

Phone
+1 250 889 9060

Email
alex.carroll@engelvoelkers.com

Mail
735 Humboldt Street, Victoria BC
V8W 1B1

 

Alex Carroll PREC*

Personal Real Estate Corporation*

Assisting Home Buyers and Sellers in Residential Real Estate in Victoria BC

Vancouver Island

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