An exceptional development opportunity in one of Victoria's most strategic growth corridors. Situated on a rare 0.72 acre parcel, this property offers outstanding redevelopment potential in an area identified by the District's OCP for increased residential density. Located within the Saanich Corridors growth area, along a key transportation route designated for future higher density housing. Minutes from Broadmead Village, the Primary Urban Centre, shopping, restaurants, transit, parks & amenities, exactly the location developers seek for a multifamily project. The existing, well maintained residence provides excellent holding income while applications & permitting are underway. Home features three beds on the main level plus a self contained one bed suite below, ideal rental during entitlement. Level building site, services available, central location & long term upside. Buyer to verify redevelopment potential, zoning & servicing with the District of Saanich.
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Listed by RE/MAX Generation - The Neal Estate Group
Data was last updated July 3, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
44
Avg list price:
$1,349,900
Min list price:
$699,000
Max list price:
$2,599,000
Avg days on market:
35
Min days on market:
1
Max days on market:
156
Avg price per sq.ft.:
$563.17
These statistics are generated based on the current listing's property type
and located in
SE Broadmead. Average values are
derived using median calculations. This data is not produced by
the MLS® system.