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Exceptional redevelopment opportunity in Central Saanich. This approx. 53 ft x 204 ft (10,812 sq ft / 1,004 m²) parcel offers rare three-sided road frontage, providing outstanding access and design flexibility. Zoned RN (Residential Neighbourhood), the property supports small-scale multi-unit housing and comfortably meets the threshold for up to four dwellings (buyer to verify). The lot’s depth, configuration, and multiple access points make it ideal for efficient, marketable layouts uncommon in typical interior lots. The existing dwelling is of minimal contributory value, and the property is best suited for redevelopment. While retention of the home could allow for a large shop or accessory building, the highest and best use is maximizing density through infill development in this desirable and supply-constrained area.
Data was last updated April 15, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
50
Avg list price:
$922,350
Min list price:
$285,000
Max list price:
$5,200,000
Avg days on market:
54
Min days on market:
2
Max days on market:
323
Avg price per sq.ft.:
$676.43
These statistics are generated based on the current listing's property type
and located in
CS Saanichton. Average values are
derived using median calculations. This data is not produced by
the MLS® system.