Priced below assessed value, this is a rare opportunity to secure a one-third-acre riverfront property in the heart of picturesque View Royal. Set on a sunny, south-facing lot overlooking Craigflower Creek, the property offers exceptional privacy with peaceful water views. Ideally located just minutes from major transit routes along Helmcken Road and the Island Highway, you’ll also enjoy easy walking access to the E&N Rail Trail, View Royal Park (with off-leash dog area), Thetis Lake Regional Park, and Victoria General Hospital. With development potential that includes the opportunity to build a 4 units, subdivide, or create a single-family home with a suite and/or garden suite (buyer to verify options with city) the possibilities here are substantial. Two existing driveways further enhance flexibility in design and layout. An outstanding opportunity for builders, investors, or those looking to create a custom home in a sought-after community.
Property Type:
Residential
Type:
Land
Listing General Location:
VR View Royal, View Royal
Bedrooms:
0
Bathrooms:
0.0
(Full:-/Half:-)
Lot Size:
14,375 sq. ft.1,335 m2
Kitchens:
0
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
River
Access from Gull Road
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Town of View Royal (SD61)
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Cul-De-Sac, Irregular Lot, No Through Road, Panhandle Lot, Park Setting, Southern Exposure
Data was last updated February 18, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
35
Avg list price:
$749,900
Min list price:
$443,900
Max list price:
$1,899,900
Avg days on market:
62
Min days on market:
1
Max days on market:
971
Avg price per sq.ft.:
$742.71
These statistics are generated based on the current listing's property type
and located in
VR View Royal. Average values are
derived using median calculations. This data is not produced by the MLS® system.