10 Governors Point Rd, No City Value BC - Land for Sale - MLS# R3135613

$850,000
Est. Mortgage $3,760/mo
0 sqft
0 $ Maint. fee
88.24% cheaper than comparables
$850,000
Est. $3,760/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 10 Governors Point Road

88.24% cheaper than comparables

Welcome to Governors Point, a hidden waterfront gem and one of View Royal's most coveted addresses. Situated on picturesque Tovey Bay overlooking Esquimalt Harbour, this exclusive bare land strata community consists of only 11 custom residences in a private, sheltered waters-edge setting. This lot presents a rare opportunity to create a custom home in an established seaside neighbourhood where properties seldom become available. Governors Point offers a lifestyle that is both peaceful and connected. Residents enjoy direct access to the waterfront environment, perfect for kayaking, paddle boarding, shoreline walks, and appreciating the ever-changing coastal scenery. The community's sheltered location provides exceptional privacy while remaining only minutes from downtown Victoria.

Exterior Features

Structures Land Only

Building Details

Price $850,000
Property Type Land
Ownership Type Freehold Strata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size Depth Feet
MLS® # R3135613
Area Out of Town
Neighbourhood Out of Town
City No City Value
Postal Code V9B 5L8
Gross Taxes $3,719
Zoning RES

Property Timeline

Status Date Price
R3135613 / Active 06-01-2026 $850,000

Listed by: SOTHEBY'S INTERNATIONAL REALTY CANADA (VR) & Sotheby's International Realty Canada

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
View Royal Elementary School
0.84 km
Secondary
Esquimalt High
4.1 km
Elementary
View Royal Elementary School
0.84 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St.Joseph's Catholic School
3.31 km
Elementary, Secondary
Discovery School
3.49 km

Closest Transit

Bus Stop
Island at Helmcken (WB)
0.52 km

Crime Rate

Total Crime Rate
Below Average
Violent Crime Rate
Below Average
Property Crime Rate
Below Average

Demographics

Post-Secondary Education
Below Average
25.8%
No Certificate/Degree
Below Average
11.6%
Owner Occupied
Average
72.7%
Employment Rate
Average
54.8%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

74 / 100
Overall sell-speed score
Likely within weeks
A+
Price competition grade
Avg comparable: $1,600,040
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How OUT OF TOWN compares
This property
38 DOM
Listed
Out of Town avg
No city value avg

10 Governors Point Road has a sell-speed score of 74/100, placing it in the "Expected to sell within weeks" band. The listing is priced 88.2% below comparable active properties in Out of Town, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 10 Governors Point Road

Walkability & Transit Near 10 Governors Point Road

Walk Score Badge
Car-Dependent 41

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 10 Governors Point Road

/month
Principal & Interest
Property Taxes $310
Maintenance fee 0
A 20% down payment of $170,000 on this $850,000 listing yields an estimated mortgage of $3,246/month (30-year fixed, 4%). Total estimated housing cost: $3,556/month, $310 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
With $3,052/month in estimated rental income against $3,609/month in mortgage payments, the monthly cashflow is -$557/month. A 34% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Out of Town, No city value

Beds Home Types Square Feet Lot Size Year Built
This Home $850,000
No city value Loading...
Out of Town Loading...

No active comparable properties are currently available for this property type in No city value. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (88.24% cheaper than comparables) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 10 Governors Point Road

Walk Score Badge
Car-Dependent 41

Walk Score - Car-Dependent

Most errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
43

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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