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This 2 bedroom, 1 bathroom single family is listed for sale at $939,000 in Saanich, British Columbia. The property offers 1001.00 square feet of living space. Built in 1955. Lot size: 22,216 sq ft (0.51 acres).MLS® #1018733.
Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market.
The existing 1955 bungalow provides holding income potential; rent it out while you design and plan your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area.
Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Saanich West area.
Property Type
Single Family
Year Built
1955
Interior Size
1,001 sq ft
Lot Size
22,216 sq ft(0.51 acres)
Bedrooms
2
Bathrooms
1
Area
Saanich West
Neighborhood
Strawberry Vale
Listed
Nov 6, 2025
MLS® Number
#1018733
View comprehensive market analysis for Wilkinson Rd including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Wilkinson Rd Market ReportPrime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market.
The existing 1955 bungalow provides holding income potential; rent it out while you design and plan your future project. There is flexibility to explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best-priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area.
Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Saanich West community, including the Strawberry Vale neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$6,195
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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