ATTENTION DEVELOPERS & BUILDERS! Rare chance to acquire a conditionally approved 3-lot subdivision in sought-after Queenswood & Cadboro Bay. Generous lot sizes: 15,113 sq. ft., 10,635 sq. ft., and 10,947 sq. ft. Located in one of Southern Vancouver Island’s top seaside communities, ideal for executive home development in a high-demand area.
Under new SSMUH regulations, apply to build up to 6 units on the existing property or 12 units (4 per lot) upon subdivision (Buyer to verify with Saanich). Rare flexibility for investors and builders! Prime Location: Minutes from Gyro Beach, UVIC, top schools, shopping, dining, trails, and more! Enjoy a vibrant lifestyle with parks, cafés, and recreational spots at your doorstep. Bonus: Existing Home & Garage – Meticulously maintained 6+ bed, 4-bath home with a 3-car garage, including an over-height drive-thru bay—a great holding property or investment with rental potential. Opportunities like this are rare! Contact us today for further details.
Listed by Royal LePage Coast Capital - Oak Bay and Royal LePage Coast Capital - Chatterton, sold on May, 2025
Data was last updated June 17, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$4,919,000
Min list price:
$1,780,000
Max list price:
$7,500,000
Avg days on market:
33
Min days on market:
5
Max days on market:
75
Avg price per sq.ft.:
$861.58
These statistics are generated based on the current listing's property type
and located in
SE Queenswood. Average values are
derived using median calculations.