540 View Royal Ave
VR View Royal View Royal V9B 1B7

$1,399,000
Residential beds: 3 baths: 2.0 2,029 sq. ft. built: 1942

Main Photo: 540 View Royal Ave in View Royal: VR View Royal Single Family Residence for sale : MLS®# 1040491
Photo 1: 540 View Royal Ave in View Royal: VR View Royal Single Family Residence for sale : MLS®# 1040491
Photo 2: 540 View Royal Ave in View Royal: VR View Royal Single Family Residence for sale : MLS®# 1040491
Photo 3: 540 View Royal Ave in View Royal: VR View Royal Single Family Residence for sale : MLS®# 1040491
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1040491
Bedrooms:
3
Bathrooms:
2
Year Built:
1942
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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1942 (Age: 84)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,029 sq. ft.
Listing General Location:
VR View Royal, View Royal
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
0.84 acre(s)
Kitchens:
1
Taxes:
Building Features:
Basement, Bike Storage
Construction:
Stucco, Wood
Basement:
Full, Unfinished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Levels:
3
Other Structures:
Storage Shed, Workshop
Ceiling Heights:
Floor finish:
Basement Slab
Total Building Area:
3,091 sq. ft.
Total Unfinished Area:
1,062 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
1
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,407 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
622 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Insert
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Oil, Wood
Fireplace:
Yes
Pending Date:
Dryer, Oven/Range Electric, Washer
Bay Window(s)
Fenced, Garden
Mountain(s), Ocean
EASY TO FIND, NEAR WEST END OF VIEW ROYAL AVE.
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of View Royal (SD61)
Legal Description:
Zoning:
R1
Accessibility:
Primary Bedroom on Main
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Leased Equipment:
Water Heater
Property Condition:
Contact List Licensee
Exposure / Faces:
South
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Private, Quiet Area, Rectangular Lot, Rocky, Sloped, Southern Exposure, Wooded
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport, Detached, Driveway
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 15, 2026
Original Price:
1399000.0
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Virtual Tour 2

Listed by RE/MAX Camosun
Data was last updated June 16, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
55
Avg list price:
$809,900
Min list price:
$389,900
Max list price:
$2,999,000
Avg days on market:
41
Min days on market:
1
Max days on market:
887
Avg price per sq.ft.:
$647.7
These statistics are generated based on the current listing's property type and located in VR View Royal. Average values are derived using median calculations. This data is not produced by the MLS® system.
Jeremy Zdrill
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.