Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors. (id:2493)
Data was last updated November 10, 2026 at 08:45 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$1,050,000
Min list price:
$464,999
Max list price:
$2,798,000
Avg days on market:
36
Min days on market:
4
Max days on market:
167
Avg price per sq.ft.:
$586.3
These statistics are generated based on the current listing's property type
and located in
Brentwood Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
