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3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East) : MLS®# 1047051

3934 Telegraph Bay Rd Saanich V8N 4H7 : SE Cadboro Bay

Main Photo: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051banner
$1,950,000
Prop. Type:
Residential
MLS® Num:
1047051
Status:
Active
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.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
Switch units of measure21,775 sq. ft.
Kitchens:
0
Taxes:
Ceiling Heights:
Switch units of measure
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
RS-10
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Cleared, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
4
Road Surface Type:
Paved
Total Units:
Date Listed:
Aug 19, 2026
Original Price:
1950000.0
Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 20, 2026 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.