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. (id:24212)
- Full Address:
- 3934 Telegraph Bay Road, Saanich, British Columbia
- Price:
- $ 1,950,000
- MLS Number:
- 1047051
- List Date:
- August 19th, 2026
- Neighbourhood:
- Cadboro Bay
- Lot Size:
- 21775 ac
- Taxes:
- $ 8,170
- Ownership Type:
- Freehold
Property Specifications
Interior Features
- Zoning:
- Residential
- Garage Spaces:
- 4
Building Features
Floors
- Lot Size:
- 21775 ac
- Lot Features:
- Level lot, Partially cleared, Other, Rectangular
Land
Neighbourhood Features
Ratings
Commercial Info
Location
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Agent: Harrison SiemensBrokerage: Coldwell Banker Oceanside Real Estate
Phone: 778-966-1078
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