Waterfront Houses for sale in Victoria

Seaside retreats that define the good life on Vancouver Island

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For sale $339,000
4 2500 Florence Lake Rd, langford, British Columbia

4 2500 Florence Lake Rd

Langford, British Columbia

2 Bedroom 2 Bathroom 1040 sqft
RE/MAX Alliance
For sale $2,750,000
2554 Beaufort Rd, sidney, British Columbia

2554 Beaufort Rd

Sidney, British Columbia

3 Bedroom 4 Bathroom 5355 sqft
Macdonald Realty Ltd. (Sid)
For sale $1,350,000
2201 2829 Arbutus Rd, saanich, British Columbia

2201 2829 Arbutus Rd

Saanich, British Columbia

2 Bedroom 2 Bathroom 2135 sqft
The Agency
For sale $2,750,000
9544 Ardmore Dr, north saanich, British Columbia

9544 Ardmore Dr

North Saanich, British Columbia

3 Bedroom 3 Bathroom 3381 sqft
Sotheby's International Realty Canada
For sale $924,900
420 205 Kimta Rd, victoria, British Columbia

420 205 Kimta Rd

Victoria, British Columbia

2 Bedroom 2 Bathroom 1440 sqft
Sutton Group West Coast Realty
For sale $2,100,000
110 9655 First St, sidney, British Columbia

110 9655 First St

Sidney, British Columbia

2 Bedroom 3 Bathroom 2038 sqft
Dfh Real Estate - Sidney
For sale $799,000
14 6995 Nordin Rd, sooke, British Columbia

14 6995 Nordin Rd

Sooke, British Columbia

4 Bedroom 4 Bathroom 2795 sqft
Pemberton Holmes - Sooke
For sale $2,299,000
1905 Leyns Rd, saanich, British Columbia

1905 Leyns Rd

Saanich, British Columbia

The Agency
For sale $1,995,000
1925 West Shawnigan Lake Rd, shawnigan lake, British Columbia

1925 West Shawnigan Lake Rd

Shawnigan Lake, British Columbia

3 Bedroom 1 Bathroom 883 sqft
The Agency
For sale $385,000
704 105 GORGE Rd, victoria, British Columbia

704 105 Gorge Rd

Victoria, British Columbia

1 Bedroom 1 Bathroom 713 sqft
Newport Realty Ltd.
For sale $2,650,000
6927 Pirates Rd, pender island, British Columbia

6927 Pirates Rd

Pender Island, British Columbia

4 Bedroom 3 Bathroom 6661 sqft
Engel & Volkers Vancouver Island - Oak Bay
For sale $2,295,000
2585 Wyldewood Ave, shawnigan lake, British Columbia

2585 Wyldewood Ave

Shawnigan Lake, British Columbia

4 Bedroom 2 Bathroom 2691 sqft
Coldwell Banker Oceanside Real Estate

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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