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Investment signal

$1,149,900

1619 Longacre Dr

Save this home

Beds

6

Baths

3

Sqft

Year

1973

Type

Single Family

Suite

Suite potential

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to this exceptional opportunity in the highly sought-after neighborhood of Gordon Head — perfect as a solid investment property. This home offers a bright and spacious upper level featuring 3 bedrooms, 2 bathrooms, and a generous living and dining area. Large windows fill the space with natural light, while the sliding doors open onto an expansive deck — ideal for entertaining, summer BBQs, or simply enjoying the peaceful surroundings with views of Mt. Douglas.The lower level provides excellent flexibility with 2–3 additional bedrooms, a kitchenette, and a full bathroom, making it perfect for extended family, guests, or potential rental income.Located just minutes from Mt. Douglas Park, this home offers easy access to nature, hiking trails, and outdoor recreation. Whether you’re looking to invest, generate rental income, or settle into a welcoming community, this property offers outstanding value and versatility in one of Victoria’s most desirable areas. (id:65958)

Subtype
Single Family
Structure
House
Community
Gordon Head
Common interest
Freehold
Living area
2,196 square feet
Lot size
5,968 square feet
Lot dimensions
5968
Parking
1 total
On market
Mar 26, 2026
Status changed
Apr 27, 2026
Annual tax
$4,767
Zoning
Residential
Photos
5
MLS#
1030054
Area
SAANICH

Features and systems

Parking

Carport

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airOil

Cooling

None

Lot

Rectangular
Negative cash flow ~$1,243/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,058

Financing

Down payment$229,980
Loan amount$919,920
Mortgage$4,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527
Insurance$80
Maintenance$958
CapEx reserve$479
Vacancy loss$288

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,661/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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