2817 Adelaide Ave
$1,149,900
Gorge
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About this home
Open House Suy July 26 1-3. Nestled just steps from the scenic Gorge Waterway, this charming 1954 classic combines character with endless potential. The primary residence retains its original mid-century warmth—highlighted by classic coved ceilings—and features a light-filled 2-bedroom, 1-bathroom layout.. Designed with maximum versatility in mind, the home currently includes a fully legal 2-bedroom, 1.5-bathroom suite, offering fantastic flexibility whether you choose to live in one unit and rent the other, operate a short-term rental, or reconfigure the space. Easily integrate the suite bedrooms back into the main house while keeping a cozy bachelor suite, or seamless restore the layout into one sprawling single-family home. The massive attic space awaits your creative ideas for future expansion, while the generous yard provides ample space for outdoor living, complete with dedicated parking for your RV or boat. A rare versatile gem in a prime coastal location! (id:65179)
Property details
From the listing's public record.
Lot size
6,655 square feet
Year built
1954
Taxes
$5,201/yr
Strata / HOA
$0/month
Zoning
Residential
Heating
Lot
Style
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 22, 2026
Listed $1,149,900
Active4 days on marketMLS 1043860May 29, 2009
$450,000
Sold81 days on marketMLS 494332
How this listing compares
Based on 30 sales in GorgeMedian sold
$1,042,500
Avg days on market
34 days
Avg sale-to-list
98.6%
Avg $/sqft
$484
Price per square foot
Above area average
Current market in Gorge
Active (same type)
13
Pending
9
All active listings
30
Months of supply
5.2
Balanced market — 5.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,000,000
Homes in Saanich West sell at 159.1% of assessed value on average.
Based on 253 recent sales.
Local price trend
How Gorge has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales3264 Irma St
$1,575,000
8 bd · 5 ba · 4,507 sqft · $349/sqft · 22 days on market
Sold Jul 22, 2026 · 95.5% of list
523 Caselton Pl
$1,299,000
3 bd · 3 ba · 2,629 sqft · $494/sqft · 11 days on market
Sold Jul 22, 2026 · 99.9% of list
610 Ralph St
$1,175,000
4 bd · 2 ba · 3,091 sqft · $380/sqft · 8 days on market
Sold Jul 21, 2026 · 100% of list
201 Burnside Rd
$860,000
4 bd · 1 ba · 2,877 sqft · $299/sqft · 15 days on market
Sold Jul 21, 2026 · 95.6% of list
256 Cadillac Ave
$1,054,000
4 bd · 2 ba · 2,366 sqft · $445/sqft · 15 days on market
Sold Jul 20, 2026 · 100.5% of list
2872 Inez Dr
$1,195,000
4 bd · 3 ba · 3,240 sqft · $369/sqft · 11 days on market
Sold Jul 17, 2026 · 100.5% of list
3738 Tillicum Rd
$993,000
3 bd · 2 ba · 2,127 sqft · $467/sqft · 42 days on market
Sold Jul 15, 2026 · 99.3% of list
706 Lindsay St
$1,055,000
3 bd · 2 ba · 2,590 sqft · $407/sqft · 19 days on market
Sold Jul 15, 2026 · 97% of list
167 Little Eldon Pl
$1,142,000
5 bd · 3 ba · 2,449 sqft · $466/sqft · 26 days on market
Sold Jul 15, 2026 · 99.3% of list
3815 Wilkinson Rd
$1,320,000
3 bd · 1 ba · 1,985 sqft · $665/sqft · 121 days on market
Sold Jul 13, 2026 · 97.1% of list
1230 Burnside Rd
$2,340,000
5 bd · 5 ba · 3,939 sqft · $594/sqft · 19 days on market
Sold Jul 10, 2026 · 97.5% of list
541 Warren Ave
$1,085,500
5 bd · 2 ba · 2,003 sqft · $542/sqft · 9 days on market
Sold Jul 10, 2026 · 100.6% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,149,900 − $229,980
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$252,478
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
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Listed by Royal LePage Coast Capital - Oak Bay