An exceptional development opportunity in one of Victoria's most strategic growth corridors. Situated on a rare 0.72 acre parcel, this property offers outstanding redevelopment potential in an area identified by the District's OCP for increased residential density. Located within the Saanich Corridors growth area, along a key transportation route designated for future higher density housing. Minutes from Broadmead Village, the Primary Urban Centre, shopping, restaurants, transit, parks & amenities, exactly the location developers seek for a multifamily project. The existing, well maintained residence provides excellent holding income while applications & permitting are underway. Home features three beds on the main level plus a self contained one bed suite below, ideal rental during entitlement. Level building site, services available, central location & long term upside. Buyer to verify redevelopment potential, zoning & servicing with the District of Saanich.
Features: Central Location, Cul-De-Sac, Easy Access, Irregular Lot, No Through Road, Recreation Nearby, Shopping Nearby, Sloped, Southern Exposure
Details
Additional structures: Shed(s)
Parcel number: 003286941
Zoning: RS10
Zoning description: Residential
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Frame Wood, Glass, Shingle-Other, Stucco
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
Resale
New construction: No
Year built: 1953
Utilities & green energy
Water: Municipal
Utilities for property: Compost, Electricity Connected, Garbage, Recycling
Community & HOA
Location
Region: Saanich
Financial & listing details
Price per square foot: C$649/sqft
Tax assessed value: C$966,000
Annual tax amount: C$4,644
Date on market: 7/5/2026
Ownership: Freehold
Electric utility on property: Yes
Road surface type: Paved
April Spackman Personal Real Estate Corporation
April Spackman Personal Real Estate Corporation
(250) 818-0942
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