Victoria Real Estate
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540 View Royal Ave

$1,399,000

View Royal

Detached3 bd · 2 ba · 2,029 sqftBuilt 1942$690/sqft13 days on market

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About this home

Rare 0.84-acre OCEAN view property on the sought-after water side of View Royal Avenue. This three-level character home offers 2,029 sq ft finished, plus 1,062 sq ft of unfinished space, presenting an exceptional opportunity to renovate, restore or reimagine. The main floor retains its original charm with maple floors, a fireplace, bay window and spacious principal rooms. The upper level offers flexible space for a studio, office, family room or additional bedrooms. The full-height lower level features its own entrance and bathroom, offering future development potential. Outside, mature Garry oaks, natural rockscapes and several outbuildings create a private, park-like setting. Conveniently located close to parks, schools, Admirals Walk, Victoria General Hospital and downtown Victoria. Whether you renovate the existing character home or build your dream residence to capture the full ocean views, this rare large lot offers exceptional flexibility. (id:65179)

Property details

From the listing's public record.

Lot size

0.84 acres

Year built

1942

Taxes

$6,515/yr

Strata / HOA

$0/month

Zoning

Residential

View

Mountain viewOcean view

Appliances

WasherRange - ElectricDryer

Heating

OilWood

Lot

Private settingSouthern exposureWooded areaRockySlopingRectangular

Price history

1 record

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jun 16, 2026

    Listed $1,399,000

    Active13 days on marketMLS 1040491

How this listing compares

Based on 32 sales in View Royal

Median sold

$1,133,000

Avg days on market

39 days

Avg sale-to-list

98.2%

Avg $/sqft

$433

Price per square foot

This home: $690/sqftArea average: $433/sqft

Above area average

Current market in View Royal

Active (same type)

13

Pending

6

All active listings

44

Months of supply

4.9

Balanced market4.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,550,000

Homes in View Royal sell at 101.7% of assessed value on average.

Based on 62 recent sales.

Local price trend

How View Royal has moved over the last decade.

230323417Jul 2016Oct 2020Jan 2026

Local price index (normalized) · 88 months

Recent nearby sales

12 sales
  • 6 Werra Landing

    $1,800,000

    4 bd · 4 ba · 4,677 sqft · $385/sqft · 83 days on market

    Sold Jun 18, 2026 · 90% of list

  • 215 Suzanne Pl

    $950,000

    5 bd · 2 ba · 2,391 sqft · $397/sqft · 46 days on market

    Sold Jun 15, 2026 · 95.1% of list

  • 247 Glenairlie Dr

    $760,000

    3 bd · 1 ba · 2,108 sqft · $361/sqft · 36 days on market

    Sold Jun 12, 2026 · 108.6% of list

  • 77 View Royal Ave

    $1,787,777

    4 bd · 4 ba · 4,504 sqft · $397/sqft · 13 days on market

    Sold Jun 2, 2026 · 100.7% of list

  • 567 Prince Robert Dr

    $1,455,000

    4 bd · 4 ba · 4,471 sqft · $325/sqft · 19 days on market

    Sold Jun 1, 2026 · 97% of list

  • 260 Plowright Rd

    $1,136,000

    9 bd · 6 ba · 3,383 sqft · $336/sqft · 85 days on market

    Sold May 28, 2026 · 110.3% of list

  • 156 St. Giles St

    $868,000

    2 bd · 1 ba · 1,328 sqft · $654/sqft · 18 days on market

    Sold May 13, 2026 · 96.5% of list

  • 17 Jedstone Pl

    $1,429,500

    5 bd · 4 ba · 3,014 sqft · $474/sqft · 74 days on market

    Sold Apr 23, 2026 · 96.9% of list

  • 164 White Pine Rd

    $1,750,000

    6 bd · 4 ba · 5,158 sqft · $339/sqft · 155 days on market

    Sold Apr 1, 2026 · 92.1% of list

  • 133 Werra Rd

    $930,000

    5 bd · 3 ba · 2,744 sqft · $339/sqft · 12 days on market

    Sold Jan 29, 2026 · 103.3% of list

  • 128 Paddock Pl

    $1,195,000

    5 bd · 3 ba · 3,605 sqft · $331/sqft · 131 days on market

    Sold Jan 23, 2026 · 94.5% of list

  • 107 Island Hwy

    $1,080,000

    4 bd · 2 ba · 1,881 sqft · $574/sqft · 118 days on market

    Sold Jan 22, 2026 · 98.2% of list

More on this listing

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