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This 2 bedroom, 1 bathroom single family is listed for sale at $995,000 in Central Saanich, British Columbia. The property offers 1022.00 square feet of living space. Built in 1950. Lot size: 12,197 sq ft (0.28 acres).MLS® #1044849.
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. Recently, Central Saanich Re-rezoned 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.
Property features include: Dishwasher.
Looking for homes for sale in Central Saanich? Browse Central Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the Central Saanich area.
Property Type
Single Family
Year Built
1950
Interior Size
1,022 sq ft
Lot Size
12,197 sq ft(0.28 acres)
Bedrooms
2
Bathrooms
1
Area
Central Saanich
Neighborhood
Brentwood Bay
Listed
Aug 1, 2026
MLS® Number
#1044849
View comprehensive market analysis for Dignan 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 Dignan Rd Market ReportRare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Recently, Central Saanich Re-rezoned 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.

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Central Saanich community, including the Brentwood Bay neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$6,475
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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