Ph1 103 Gorge Rd E
$1,098,000
Burnside
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About this home
Experience luxury in this masterfully renovated Penthouse, where world-class views meet unrivaled outdoor living. Boasting nearly 1,100 sq. ft. of private walk-out balcony space, this ''backyard in the sky'' offers the city’s finest panoramic vistas of the ocean, the Victoria skyline, and the Olympic Mountains. Tucked away from the street, this home provides rare urban privacy. This pristine, 2-bedroom, 2-bathroom home has not been lived in since its high-end transformation, featuring a designer kitchen with elegant stone countertops, custom cabinetry, and premium appliances. The open-concept interior flows seamlessly through clean lines to spa-inspired bathrooms with contemporary fixtures and refined tile work. Perfectly suited for downsizers seeking low-maintenance, this home is situated in a well-managed building just steps from the scenic Gorge walkway. Enjoy a central location minutes from downtown amenities while retreating to your own polished, modern sanctuary above the city. (id:65179)
Property details
From the listing's public record.
Lot size
2,793 square feet
Year built
1978
Taxes
$3,778/yr
Strata / HOA
$891/month
Zoning
Residential
View
Waterfront
Appliances
Heating
Community
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 14, 2026
Listed $1,098,000
Active13 days on marketMLS 1043233May 6, 2026
Listed $1,148,000
Ddf_delisted69 days on marketMLS 1034858Apr 8, 2026
Listed $1,248,000
Cancelled26 days on marketMLS 1030948Dec 15, 2021
$850,000
Sold6 days on marketMLS 890500
How this listing compares
Based on 33 sales in BurnsideMedian sold
$435,000
Avg days on market
41 days
Avg sale-to-list
97.5%
Avg $/sqft
$549
Price per square foot
Above area average
Current market in Burnside
Active (same type)
23
Pending
5
All active listings
46
Months of supply
8.4
Buyer's market — 8.4 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$745,000
Homes in Victoria sell at 49728.7% of assessed value on average.
Based on 680 recent sales.
Local price trend
How Burnside has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales403-3170 Irma St
$406,000
1 bd · 1 ba · 737 sqft · $551/sqft · 10 days on market
Sold Jul 22, 2026 · 99.3% of list
109-105 Gorge Rd
$435,000
1 bd · 1 ba · 618 sqft · $704/sqft · 61 days on market
Sold Jul 17, 2026 · 104.8% of list
301-331 Burnside Rd
$399,000
2 bd · 1 ba · 763 sqft · $523/sqft · 47 days on market
Sold Jul 17, 2026 · 95% of list
112-545 Manchester Rd
$535,000
2 bd · 2 ba · 1,058 sqft · $506/sqft · 28 days on market
Sold Jul 15, 2026 · 99.1% of list
303-356 Gorge Rd
$396,000
1 bd · 1 ba · 651 sqft · $608/sqft · 36 days on market
Sold Jun 30, 2026 · 96.6% of list
509-103 Gorge Rd
$324,000
1 bd · 1 ba · 748 sqft · $433/sqft · 10 days on market
Sold Jun 23, 2026 · 98.5% of list
506-103 Gorge Rd
$335,000
1 bd · 1 ba · 743 sqft · $451/sqft · 44 days on market
Sold Jun 5, 2026 · 95.7% of list
209-535 Manchester Rd
$400,000
1 bd · 1 ba · 841 sqft · $476/sqft · 53 days on market
Sold May 28, 2026 · 94.1% of list
308-545 Manchester Rd
$450,000
1 bd · 1 ba · 810 sqft · $556/sqft · 27 days on market
Sold May 21, 2026 · 98.5% of list
709-103 Gorge Rd
$350,000
1 bd · 1 ba · 644 sqft · $543/sqft · 54 days on market
Sold May 21, 2026 · 100% of list
308-630 Speed Ave
$535,000
2 bd · 2 ba · 917 sqft · $583/sqft · 21 days on market
Sold May 11, 2026 · 97.3% of list
404-3170 Irma St
$370,000
1 bd · 1 ba · 861 sqft · $430/sqft · 19 days on market
Sold Apr 21, 2026 · 98.7% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,098,000 − $219,600
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$241,060
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 Coldwell Banker Oceanside Real Estate