3934 Telegraph Bay Rd Saanich, British Columbia V8N 4H7

$1,950,000

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:37253)

Property Details

MLS® Number 1047051
Property Type Vacant Land
Neigbourhood Cadboro Bay
Features Level Lot, Partially Cleared, Other, Rectangular
Parking Space Total 4

Building

Land

Access Type Road Access
Acreage No
Size Irregular 21775
Size Total 21775 Sqft
Size Total Text 21775 Sqft
Zoning Description Rs-10
Zoning Type Residential

https://www.realtor.ca/real-estate/30172791/3934-telegraph-bay-rd-saanich-cadboro-bay