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41-51 Cadillac Av 0.39 Acres of Commercial Land Offered at $5,625,000 CAD in Victoria, BC V8Z 1T3
Executive Summary
Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, BC, located at 41, 43, 51 Cadillac Avenue (collectively the “Property”). The ±16,800 SF property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of 10 storeys and 3.5:1 FSR. Given the TOA designation, no parking is required. Within the Core designation of Saanich’s Uptown Douglas Plan, the Property is designated for high-rise buildings with a base of 12 storeys and a max of 18 storeys.
Property Facts
| Price | $5,625,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.39 AC |
| Zoning | RD-1, M-1 | ||
| Price | $5,625,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.39 AC |
| Zoning | RD-1, M-1 |
1 Lot Available
Lot
| Price | $5,625,000 CAD | Lot Size | 0.39 AC |
| Price Per AC | $14,584,818.82 CAD |
| Price | $5,625,000 CAD |
| Price Per AC | $14,584,818.82 CAD |
| Lot Size | 0.39 AC |
1 1
Walk Score®
Very Walkable (88)
Transit Score®
Excellent Transit (71)
Bike Score®
Biker's Paradise (91)
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