3934 Telegraph Bay Rd, Saanich BC V8N 4H7

3934 Telegraph Bay Rd, Saanich BC V8N 4H7 - Land for Sale in Saanich, BC

This 0 bedroom, 0 bathroom land is listed for sale at $1,950,000 in Saanich, British Columbia. Lot size: 21,780 sq ft (0.50 acres).MLS® #1047051.

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.

Looking for homes for sale in Saanich? Browse Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the SE Cadboro Bay neighborhood. Part of the Saanich East area.