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 |
| 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 |