2887 Colquitz Ave
$1,450,000
Gorge
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About this home
A stunning John Di Castri-designed residence set on a beautifully landscaped quarter-acre lot just steps from the Gorge Waterway. More than a home, this is a rare architectural treasure, showcasing the timeless influence of Frank Lloyd Wright and thoughtfully restored to blend historic significance with modern comfort. The architect designed this home around the light, and the primary bedroom was renovated to honour that vision. Bedrooms wake with the morning sun, the living areas glow warmly into the evening, and the whole layout feels calm and connected. The main level features a beautifully updated kitchen, rich hardwood flooring, and an inviting living room anchored by a classic wood-burning fireplace. Three well-appointed bedrooms and a fully updated bathroom create a functional and elegant living space, while abundant natural light pours through expansive windows, highlighting the home's distinctive architectural character. The lower level has been transformed into a luxurious primary retreat, complete with a stunning spa-inspired bathroom featuring heated floors. This level also offers a dedicated gym area that could also be an office, additional storage space, and access to the garage. Step outside to your private backyard oasis, where mature landscaping, a fully fenced yard, and a sauna create the ultimate setting for relaxation. Enjoy year-round entertaining in the newly completed outdoor living area, designed to seamlessly connect with the natural surroundings. Additional features include extensive exterior improvements, a heat pump with air conditioning, and meticulous updates throughout. Ideally situated in one of Victoria's most central locations, with the Gorge Waterway at the end of the street and Victoria's Inner Harbour just minutes away, this is a rare opportunity to own a true piece of architectural history and call it home. (id:65179)
Property details
From the listing's public record.
Lot size
10,973 square feet
Year built
1955
Taxes
$5,872/yr
Zoning
Residential
Appliances
Heating
Cooling
Lot
Price history
4 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Jul 13, 2026
Listed $1,450,000
Active7 days on marketMLS 1043086Jun 5, 2026
Listed $1,500,000
Ddf_delisted38 days on marketMLS 1037634Oct 6, 2023
$1,148,000
Sold8 days on marketMLS 942725Aug 20, 2015
$520,000
Sold57 days on marketMLS 701669
How this listing compares
Based on 32 sales in GorgeMedian sold
$1,042,500
Avg days on market
34 days
Avg sale-to-list
98.4%
Avg $/sqft
$472
Price per square foot
Above area average
Current market in Gorge
Active (same type)
13
Pending
9
All active listings
30
Months of supply
4.9
Balanced market — 4.9 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,129,000
Homes in Saanich West sell at 159.2% of assessed value on average.
Based on 252 recent sales.
Local price trend
How Gorge has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
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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
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$1,275,000
4 bd · 3 ba · 2,720 sqft · $469/sqft · 9 days on market
Sold Jul 9, 2026 · 102.4% of list
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$984,000
4 bd · 2 ba · 1,848 sqft · $532/sqft · 14 days on market
Sold Jul 8, 2026 · 99.5% of list
3260 Seaton St
$730,000
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3922 Anton St
$979,900
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Sold Jul 7, 2026 · 100% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,450,000 − $290,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$318,500
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 The Agency