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This 5 bedroom, 3 bathroom single family is listed for sale at $1,650,000 in North Saanich, British Columbia. The property offers 2640.00 square feet of living space. Built in 1981. Lot size: 21,780 sq ft (0.50 acres).MLS® #1044939.
Exceptional development opportunity on a rare ½-acre property with dual access from Canora Rd. and Rideau Ave. The existing home provides excellent holding potential while future plans are explored. Situated in the highly desirable North Saanich with quick access to BC Ferries, Victoria Airport and Sidney.
Buyers are encouraged to verify development possibilities with the District of North Saanich. Potential concepts include approximately 7-8 townhomes, up to 14 three-storey condominiums, or 4 single-family lots of approximately 4,000-6,000 sq. ft., subject to approvals. Located on the Lochside Trail with easy cycling access to Sidney, Panorama Rec Centre and the airport.
Walking distance to Marty's Mountain Market, Bazan Bay amenities, parks, and transit, including the McTavish transit exchange just 400m away. An outstanding opportunity to secure a prime development site in one of the Peninsula's fastest-growing communities. Call today to arrange your viewing.
Property features include: Dryer, Refrigerator, Washer.
Looking for homes for sale in North Saanich? Browse North Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Part of the North Saanich area.
Property Type
Single Family
Year Built
1981
Interior Size
2,640 sq ft
Lot Size
21,780 sq ft(0.50 acres)
Bedrooms
5
Bathrooms
3
Kitchens
Area
North Saanich
Neighborhood
Bazan Bay
Listed
Aug 11, 2026
MLS® Number
#1044939
View comprehensive market analysis for Rideau Ave 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 Rideau Ave Market ReportExceptional development opportunity on a rare ½-acre property with dual access from Canora Rd. and Rideau Ave. The existing home provides excellent holding potential while future plans are explored. Situated in the highly desirable North Saanich with quick access to BC Ferries, Victoria Airport and Sidney.
Buyers are encouraged to verify development possibilities with the District of North Saanich. Potential concepts include approximately 7-8 townhomes, up to 14 three-storey condominiums, or 4 single-family lots of approximately 4,000-6,000 sq. ft., subject to approvals. Located on the Lochside Trail with easy cycling access to Sidney, Panorama Rec Centre and the airport.
Walking distance to Marty's Mountain Market, Bazan Bay amenities, parks, and transit, including the McTavish transit exchange just 400m away. An outstanding opportunity to secure a prime development site in one of the Peninsula's fastest-growing communities. Call today to arrange your viewing.
Virtual Tour Available
This tour is hosted on the listing agent's website

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the North Saanich community, including the Bazan Bay neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$9,750
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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