Residentiae.
For Sale · Victoria

124 MARGARET AVENUE

Victoria · V8K1H4

$2,295,000

3Bedrooms
2Bathrooms
1Parking
2,937Sq Ft

About this residence

Architect-designed Hank Schubart waterfront retreat — sun-drenched, thoughtfully composed spaces with panoramic southwest views of Sansum Narrows and Vancouver Island. Move-in ready 3 bed, 2 bath plus serene studio (perfect for yoga, meditation or guests) with over 2,400 sq ft of finished living and an open, luminous main living area that flows to the water. Extensive upgrades include grid-tied solar with battery storage, metal roof, upgraded systems, and impeccably designed manicured landscaping with rainwater collection. A half-acre is deer-fenced containing a productive food garden that brims with annuals, perennials, shrubs and trees. Quiet, private yet easy access to ferries and area trails — a sustainable, restorative coastal haven where light, landscape and design harmonize. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
3
Bathrooms
2
Living area
2,937 sq ft
Lot size
1.09
Parking
1 spaces
Fireplace
1
Year built
1995
Annual tax
$8,918
MLS®
1014797
Board
Victoria
Status
Inactive
Listed
Sep 26, 2025
Updated
Jan 4, 2026

Room dimensions

RoomLevelDimensions
StudioOther12 × 12 feet
BathroomSecond level5-Piece
BedroomSecond level10 × 17 feet
Primary BedroomSecond level15 × 16 feet
BathroomMain level4-Piece
BedroomMain level11 × 12 feet
KitchenMain level10 × 18 feet
Dining roomMain level16 × 14 feet
Living roomMain level17 × 15 feet
EntranceMain level9 × 9 feet

Features & finishes

Appliances

  • Washer
  • Refrigerator
  • Dishwasher
  • Dryer
  • Range
  • Oven - Built-In

Heating

  • Baseboard heaters
  • Heat Pump
  • Other
  • Electric
  • Wood

Cooling

  • Fully air conditioned

Lot

  • Cul-de-sac
  • Private setting
  • Sloping
  • Rectangular

Views

  • Ocean view

Architecture

  • Westcoast

Financing

Mortgage calculator

Estimated monthly payment

$10,733/mo

Amortization

Loan amount

$1,836,000

Down payment

$459,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Victoria

About the area

Census · V8K
11,635
Population
56
Median age
$77,500
Median income
$800,000
Median home value
81%
Home ownership
16 min
Avg. commute

Age distribution

0–14
12%
15–24
7%
25–44
17%
45–64
30%
65+
35%

Tenure

81% owners19% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 124 MARGARET AVENUE?

124 MARGARET AVENUE is listed for $2,295,000, in Victoria.

How many bedrooms and bathrooms does 124 MARGARET AVENUE have?

It offers 3 bedrooms and 2 bathrooms.

What type of home is 124 MARGARET AVENUE?

124 MARGARET AVENUE is a Single Family, House, built in 1995.

How large is 124 MARGARET AVENUE?

The home offers approximately 2,937 sq ft of living space on a lot measuring 1.09.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $10,733. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $8,918 per year.

Is there parking?

Yes — 124 MARGARET AVENUE includes 1 parking space.

What is the Victoria area like?

Victoria has a population of about 11,635, a median age of 56, a 81% home-ownership rate, with an average commute of about 16 minutes.

What is the average home value in Victoria?

The median dwelling value in this area is approximately $800,000, based on census data via Neighbourly.

What is the median household income in Victoria?

The median household income in this area is approximately $77,500.

Private viewings

Arrange a private viewing of 124 MARGARET AVENUE.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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