540 View Royal Ave

540 View Royal Ave · View Royal · House · 3 bed · 2 bath · $1,399,000 · MLS 1040491

View Royal, British Columbia
C$1,399,000
For sale
540 View Royal Ave

540 View Royal Ave is located in View Royal. Property snapshot: House, 3 bed, 2 bath, listed at $1,399,000, MLS 1040491. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded l

List Price: $1,399,000
MLS: 1040491
Bedrooms: 3
Bathrooms: 2
Interior Size: 2,029 sqft
Days on Market: -
Days on Site: 2
Deal Score: 50/100
Price History: Latest recorded list price 1399000.00

Local Decision Guide

How should buyers evaluate 540 View Royal Ave?

Start by reading this listing in its View Royal context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 540 View Royal Ave?

This page shows a list price of $1,399,000 with MLS 1040491.

What type of home is this View Royal listing?

The page shows House, 3 bed, 2 bath at 540 View Royal Ave. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1399000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

House
Building Type
3
Bedrooms
2
Bathrooms
1942
Year Built
84 years
Age
2
Days on Site
36,590 sf
Lot Area
2,029 sqft
Interior Size
C$690
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29908393 (1040491)

Become a VIP member for free. More details will be available.
The information below is generated by BurnabyHouse.com for your convenience and may not always be accurate. Consult a Realtor to verify.

Site Context

Free sign-up unlocks site context
Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,399,000

Lot Area: 36,590 sf

PID: 001-893-742

Days on Site: 2 days

Added to BurnabyHouse: 2026-06-16

Updated on: 2026-06-16 02:00 AM PDT

Become a VIP member for free. More details will be available.

Lot info

Free sign-up unlocks full lot information
Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Thrifty Foods Admirals Walk
About 1.7 km away
1495 Admirals Road
Quality Foods
About 1.9 km away
Shopping Centres
CRD Integrated Water Services
About 789.3 m away
479 Island Highway
6 Mile Market
About 1 km away

Price History

Free sign-up unlocks price history
View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

Newsletter

Enter your email to receive market updates and new listing alerts.

NEED TO CONSULT
A REALTOR?

We’re here for you!
Most inquiries receive a response within a few hours.
No spam. Just helpful answers.
You can also text Gary @ 778.801.1314

Classic Search

Listing data displayed on this page is provided under license and may be based in whole or in part on information supplied by members of The Canadian Real Estate Association, participating real estate boards, brokerages, and authorized data providers. MLS®, REALTOR®, and related marks are owned or controlled by The Canadian Real Estate Association. Listing information is deemed reliable but is not guaranteed accurate, complete, or current. Users should verify all material facts with a licensed REALTOR® on BurnabyHouse.com before making decisions.

Powered by REALTOR.ca

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®).

Last Updated: Tue, 16 Jun 2026 12:01:19 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: RE/MAX Camosun

BurnabyHouse AI Assistant