





Price
$2,500,000
Bedrooms3 Beds
Bathrooms3 Baths
Size2683 sqft
Year Built1922
Property TypeDetached Home
Property Taxes$11,533.73
Set on coveted Robertson Street, this rare waterfront gem offers spectacular views and exceptional re-development potential. Under the new Victoria OCP adopted Oct 2, 2025, the approx. 8,000 sq.ft. lot with 59 ft frontage supports a potential 1.6:1 FSR and up to 4 storeys (buyer responsibiltiy to verify)—an incredible opportunity to create a modern waterfront statement development or custom home. Built in 1922, the existing residence enjoys sweeping ocean views and breathtaking sunrises over Gonzales Bay and Trial Island from every level—even the backyard. Lovingly maintained with numerous permitted updates, it remains comfortably livable yet invites your vision—whether restoring its historic charm or designing anew to fully embrace the panoramic setting. Just steps to sandy beaches, local shops, and minutes from downtown, this is a rare chance to craft the oceanfront residence you’ve always imagined. A special property, ready for its next chapter. Listing is primarily land value! (id:39198)
The listing brokerage and/or agent is Fair Realty
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$9,943 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,000,000
Total Interest Payments
$1,233,122
Total Payment (Principal + Interest)
$3,233,122
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Realtors

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.