Waterfront Houses for sale in Victoria

Seaside retreats that define the good life on Vancouver Island

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For sale $2,100,000
2564 Seaside Dr, sooke, British Columbia

2564 Seaside Dr

Sooke, British Columbia

2 Bedroom 3 Bathroom 4052 sqft
Newport Realty Ltd.
For sale $1,699,900
482 Gorge Rd W, saanich, British Columbia

482 Gorge Rd W

Saanich, British Columbia

3 Bedroom 3 Bathroom 2548 sqft
Dfh Real Estate Ltd.
For sale $625,000
406 1440 Beach Dr, oak bay, British Columbia

406 1440 Beach Dr

Oak Bay, British Columbia

2 Bedroom 2 Bathroom 1560 sqft
One Percent Realty
For sale $1,495,000
9376 Creekside Dr, youbou, British Columbia

9376 Creekside Dr

Youbou, British Columbia

2 Bedroom 1 Bathroom 1434 sqft
Pemberton Holmes - Cloverdale
For sale $1,574,000
10960 Marti Lane, north saanich, British Columbia

10960 Marti Lane

North Saanich, British Columbia

4 Bedroom 4 Bathroom 4494 sqft
Coldwell Banker Oceanside Real Estate
For sale $395,000
205 105 GORGE Rd E, victoria, British Columbia

205 105 Gorge Rd E

Victoria, British Columbia

1 Bedroom 1 Bathroom 722 sqft
Newport Realty Ltd.
For sale $1,388,000
752 Newbury St, saanich, British Columbia

752 Newbury St

Saanich, British Columbia

5 Bedroom 3 Bathroom 4757 sqft
Sutton Group West Coast Realty
For sale $1,499,900
803 636 MONTREAL St, victoria, British Columbia

803 636 Montreal St

Victoria, British Columbia

2 Bedroom 2 Bathroom 1961 sqft
RE/MAX Camosun
For sale $550,000
304 1820 Maple Ave S, sooke, British Columbia

304 1820 Maple Ave S

Sooke, British Columbia

1 Bedroom 2 Bathroom 1150 sqft
Macdonald Realty Victoria
For sale $900,000
312 845 Dunsmuir Rd, esquimalt, British Columbia

312 845 Dunsmuir Rd

Esquimalt, British Columbia

2 Bedroom 2 Bathroom 1210 sqft
RE/MAX Camosun
For sale $1,475,000
26 Brigadoon Pl, view royal, British Columbia

26 Brigadoon Pl

View Royal, British Columbia

3 Bedroom 3 Bathroom 3905 sqft
Sotheby's International Realty Canada
For sale $389,900
10 1917 Kaltasin Rd, sooke, British Columbia

10 1917 Kaltasin Rd

Sooke, British Columbia

2 Bedroom 2 Bathroom 1318 sqft
Exp Realty

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*

Representing Buyers and Sellers in the sale of Residential Homes in Victoria BC. Licensed with Engel & Volkers Vancouver Island

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