Victoria Real Estate
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62 Obed Ave

$1,150,000

Gorge

Detached5 bd · 3 ba · 2,557 sqftBuilt 1922$450/sqft5 days on market

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About this home

Step into 1922 with this quintessential Arts & Crafts character home in the heart of the Gorge. Offering 2,557sqft with 5 bedrooms and 3 bathrooms. This residence blends preserved history with modern peace of mind, including a new roof in 2023. The main floor showcases original fir floors, boxed ceilings, beams, grand character windows with classic multi-pane transoms, and rich wood detailing throughout. Period charm abounds with original tin wall coverings, built-in dining room cabinetry with leaded glass, and additional leaded glass windows above. Coal fireplaces with original tile grace both the parlour and living room. Relax on the covered front veranda overlooking the beautifully landscaped yard. A private 2-bedroom in-law suite is accessed via the left-side pathway, with separate patio spaces for Owner and Tenant. Garage currently used for storage with potential to convert back, plus long driveway access. (id:65179)

Property details

From the listing's public record.

Lot size

6,950 square feet

Year built

1922

Taxes

$5,383/yr

Zoning

Residential

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Baseboard heatersForced airElectricNatural gas

Cooling

Central air conditioning

Parking

Stall

Lot

Central location

Style

Character

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 5, 2026

    Listed $1,150,000

    Active5 days on marketMLS 1044982
  2. May 8, 2026

    Listed $1,150,000

    Ddf_delisted89 days on marketMLS 1034183

How this listing compares

Based on 26 sales in Gorge

Median sold

$1,067,500

Avg days on market

38 days

Avg sale-to-list

98.3%

Avg $/sqft

$478

Price per square foot

This home: $450/sqftArea average: $478/sqft

Below area average

Current market in Gorge

Active (same type)

12

Pending

10

All active listings

28

Months of supply

5.5

Balanced market5.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,035,000

Homes in Saanich West sell at 162.8% of assessed value on average.

Based on 233 recent sales.

Local price trend

How Gorge has moved over the last decade.

6791115Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 545 Tait St

    $885,000

    3 bd · 2 ba · 1,772 sqft · $499/sqft · 23 days on market

    Sold Jul 28, 2026 · 98.3% of list

  • 755 Mann Ave

    $1,100,000

    5 bd · 3 ba · 2,514 sqft · $438/sqft · 10 days on market

    Sold Jul 28, 2026 · 100% of list

  • 891 Lavender Ave

    $980,000

    4 bd · 2 ba · 2,635 sqft · $372/sqft · 42 days on market

    Sold Jul 27, 2026 · 98% of list

  • 1051 Chesterfield Rd

    $830,000

    2 bd · 1 ba · 1,084 sqft · $766/sqft · 67 days on market

    Sold Jul 27, 2026 · 98.8% of list

  • 4139 Carey Rd

    $883,000

    5 bd · 4 ba · 3,211 sqft · $275/sqft · 14 days on market

    Sold Jul 24, 2026 · 95% of list

  • 4573 Elk Lake Dr

    $1,080,000

    3 bd · 3 ba · 2,062 sqft · $524/sqft · 11 days on market

    Sold Jul 24, 2026 · 100% of list

  • 3264 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

What would this home cost?

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Monthly mortgage

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Loan amount

$1,150,000 − $230,000

$920,000

Down payment

20.0%

$230,000

Property Transfer Tax

$21,000

Legal / closing (est.)

$1,500

Cash to close

$252,500

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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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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