$1,950,000
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3934 Telegraph Bay Rd, Saanich

Saanich, BC V8N 4H7
MLS® 1047051
22
Days on Market

Description

PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.

Property Details

Property Type Residential
Property Sub Type Land
Listing ID 1047051
Status Active
City Saanich
Area Saanich East
Sub-Area SE Cadboro Bay
Postal Code V8N 4H7
Property Taxes $8,170.00 (2026)
Parking Total 4
Zoning RS-10
Water Municipal
Sewer Sewer Connected
Listed Date Aug 19, 2026
Ownership Freehold
Lot Size 0.50 acres

Building Details

Stories -1

Additional Information

Features Level lot, Partially cleared, Other, Rectangular
Land Size 21775 sqft
Land Access Road access
Transaction For sale

Location