Land home located in Saanich East
MLS #1047051
Listed by Coldwell Banker Oceanside Real Estate
- Type: Residential
- Lot Size: 0.5 acres
- Total Parking: 4
- Features: Cleared, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk,
- Zoning: RS-10
Description
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.