250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
250 Gorge Rd, Saanich, BC V9A 1M6
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Jason Anson

Jason Anson

+1(250) 252-7653
Listing by Carey Buntain Avison Young Commercial Real Estate Services, LP
$8,900,000
Est. payment /mo
23,052 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 23,052 sqft

Price per Sqft $386

MLS Listing ID 1050247

HOA Y/N No

Year Built 1969

Annual Tax Amount $44,479

Tax Year 2026

Property Sub-Type Multi Family

Property Description

The Avison Young Multi-Family Team is pleased to present Gorge Terrace, an extremely well-maintained 36-suite rental apartment building situated adjacent to the Gorge Waterway and Gorge Shopping Centre. The Property occupies a 34,611-sf corner site and has benefited from approximately $490,000 in capital improvements since 2021, including new windows and balconies and 16 fully renovated suites with dishwashers and stainless-steel appliances. Gorge Terrace offers stable in-place income with the opportunity to save on Property Transfer Tax through a bare trust share sale.

Location

Province BC

County Capital Regional District

Community Sw Gorge

Area Saanich West

Interior

Heating Baseboard, Hot Water

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Building

Water Municipal

Others

Ownership Freehold

Acceptable Financing Clear Title

Listing Terms Clear Title

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.”
Jason Anson
Jason Anson

Agent License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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250 Gorge Rd

This page highlights a For Sale Listing, giving you a closer look at property details while also connecting you to the broader real estate market on Vancouver Island. Every listing is part of a larger story shaped by neighbourhood activity and regional demand. I have lived on Vancouver Island for more than 30 years and know how communities change over time. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers see where a property fits in today’s market. Use these guides to explore regional areas and compare this listing with the wider housing story of the island at Living on Vancouver Island.