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Exceptional Maplewood Development Opportunity – Large Flat Lot with SSMUH Potential Rare opportunity in the highly sought-after Maplewood neighbourhood of Saanich. Situated on a large, level lot surrounded by mature trees, this property presents outstanding potential for investors, builders, and developers looking to capitalize on the area’s strong demand and central location. With Saanich’s evolving SSMUH (Small-Scale Multi-Unit Housing) framework in place (buyer to verify details with the District of Saanich), this property offers exciting redevelopment possibilities. Whether you’re considering a holding investment, strategic redevelopment, or building a custom home, this flat and usable lot provides an excellent foundation for your vision. The existing home offers hardwood floors, a spacious living room with fireplace, separate dining area, and a functional kitchen. Two bedrooms are located on the main floor, along with a large covered deck overlooking the private yard. The unfinished basement provides additional space with potential suite options (buyer to verify), and the finished attic area is ideal for an office, studio, or flex space. The home could be renovated, rented, or removed to maximize the site’s potential. Located on a charming, quiet laneway-style street lined with character homes and beautiful oak trees, this property combines redevelopment upside with strong neighbourhood appeal. Maplewood is consistently one of Greater Victoria’s most desirable areas, offering convenient access to downtown Victoria, Uptown, UVIC, parks, schools, and major transit routes. Opportunities like this — flat, well-located lots with redevelopment flexibility — are becoming increasingly rare in Saanich. A prime investment for those looking to build, develop, or secure land in a premium neighbourhood. (id:24212)
Full Address:
3661 Craigmillar Avenue, Saanich, British Columbia
Price:
$ 1,100,000
MLS Number:
1025398
List Date:
February 12th, 2026
Neighbourhood:
Maplewood
Lot Size:
12269 ac
Year Built:
1940
Taxes:
$ 5,273
Ownership Type:
Freehold

Property Specifications

Bedrooms:
2
Bathrooms:
1
Appliances:
Washer, Refrigerator, Dishwasher, Stove, Dryer
Air Conditioning:
None
Heating:
Forced air, Oil
Fireplaces:
1

Interior Features

Zoning:
Residential
Garage:
Stall
Garage Spaces:
2

Building Features

Finished Area:
2660 sq.ft.
Main Floor:
1579 sq.ft.
Rooms:

Floors

Lot Size:
12269 ac
Lot Features:
Level lot, Rectangular

Land

Neighbourhood Features

Ratings

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Agent: Mandy LeeBrokerage: Fair Realty Phone: 250-818-6688

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