MLS® property information is provided under copyright© by the Victoria and Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website must only be used by consumers for the purpose of locating and purchasing real estate.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
*Where indicated, "PREC" means Personal Real Estate Corporation.
© 2026 IslandSold.com - Vancouver Island Real Estate. All rights reserved.
This 0 bedroom, 0 bathroom multi family is listed for sale at $5,650,000 in Saanich, British Columbia. Lot size: 31,363 sq ft (0.72 acres).MLS® #1029469.
72-acre fully rezoned multi-family development site in the heart of Saanich, approved for a 6-storey, 73-unit condominium building. Located at 3921, 3925 & 3933 Quadra Street, this well-positioned urban infill site offers a rare opportunity in one of Greater Victoria’s most supply-constrained markets. The property is rezoned to RA-11 with an approved Development Permit, allowing 73 units with 70,889 sq.
ft. 38. The project is grandfathered under the 2018 Building Code, reducing seismic and adaptability costs.
Three existing single-family homes provide approx. $6,000/month in holding income. The approved design includes 1-, 2- and 3-bedroom units, one level of underground parking with 54 stalls (EV-ready), two elevators, and on-site amenities including a playground and outdoor gathering area.
Steps from Saanich Centre, transit, schools, parks.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Part of the Saanich East area.
Property Type
Multi Family
Lot Size
31,363 sq ft(0.72 acres)
Bedrooms
0
Bathrooms
0
Area
Saanich East
Neighborhood
High Quadra
MLS® Number
#1029469
View comprehensive market analysis for Quadra St 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 Quadra St Market Report72-acre fully rezoned multi-family development site in the heart of Saanich, approved for a 6-storey, 73-unit condominium building. Located at 3921, 3925 & 3933 Quadra Street, this well-positioned urban infill site offers a rare opportunity in one of Greater Victoria’s most supply-constrained markets. The property is rezoned to RA-11 with an approved Development Permit, allowing 73 units with 70,889 sq.
ft. 38. The project is grandfathered under the 2018 Building Code, reducing seismic and adaptability costs.
Three existing single-family homes provide approx. $6,000/month in holding income. The approved design includes 1-, 2- and 3-bedroom units, one level of underground parking with 54 stalls (EV-ready), two elevators, and on-site amenities including a playground and outdoor gathering area.
Steps from Saanich Centre, transit, schools, parks.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Saanich East community, including the High Quadra neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$29,750
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
Learn about the Prepared Buyer Program →Discover other great communities in the area
Explore the property location and surrounding area
MLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® ReciprocityMLS® Reciprocity listing
MLS® Reciprocity
Ladysmith, BC
2 bed · 3.0 bath · 2,310 sf
Townhouse
Courtesy of Pemberton Holmes Ltd. (Pkvl)
MLS® Reciprocity
North Saanich, BC
4 bed · 4.0 bath · 2,426 sf
Single Family Residence
Courtesy of RE/MAX Generation
MLS® Reciprocity
Esquimalt, BC
2 bed · 2.0 bath · 983 sf
Condo Apartment
Courtesy of Icon Property Advisors Ltd.
MLS® Reciprocity
Saanich, BC
1 bed · 1.0 bath · 561 sf
Condo Apartment
Courtesy of RE/MAX Camosun
MLS® Reciprocity
Merville, BC
6 bed · 5.0 bath · 5,259 sf
Single Family Residence
Courtesy of Royal LePage-Comox Valley (CV)
MLS® Reciprocity
Victoria, BC
4 bed · 4.0 bath · 3,528 sf
Triplex
Courtesy of Real Broker B.C. Ltd.
MLS® Reciprocity