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 August 22, 2025 at 06:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$4,850,000
Min list price:
$1,764,000
Max list price:
$7,500,000
Avg days on market:
76
Min days on market:
7
Max days on market:
133
Avg price per sq.ft.:
$880.48
These statistics are generated based on the current listing's property type
and located in
SE Queenswood. Average values are
derived using median calculations. This data is not produced by the MLS® system.