Oak Bay Commercial Land Properties for Sale

Commercial Real Estate in Oak Bay available for sale

Oak Bay Commercial Land for Sale

3385-3405 Shelbourne St

Saanich, BC V8P 4G1

Land for Sale
$6,800,000 CAD
0.74 AC Lot

Saanich Land for Sale

This fully zoned multi-family development site comes with Building Permit (BP) ready for pick up at Saanich Municipal Hall for 95 units. While originally designed as a strata-titled condominium project, the flexible zoning and unit mix make it equally well-suited for a purpose-built rental development. The opportunity is further enhanced by the potential to increase unit count from 95 to 97 through three-bedroom conversions, maximizing yield and long-term value. Located steps from Hillside Center, Saanich Plaza, and University of Victoria, the site benefits from excellent connectivity and walkability.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-04-23

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Commercial Land Properties for Sale Within 5 kilometers of Oak Bay

616-630 Queens Ave

Victoria, BC V8T 1H3

Land for Sale
$17,900,000 CAD
2 AC Lot

Victoria Land for Sale

Colliers is pleased to present a rare opportunity to acquire a large-scale light industrial development site on the edge of downtown Victoria. The property benefits from immediate access to two of the city’s primary arterial routes, offering exceptional connectivity for a variety of industrial and commercial users. The Government and Queens consolidated land assembly is ±2.0-acres in size and represents unmatched scale within Victoria’s urban core, featuring approximately 243 feet of prominent Government Street frontage. In addition to the Government and Queens assembly, the package also includes a +/-7,200 sf lot on Discovery Street with a standalone warehouse. The offering is further enhanced by secure holding income, providing investors with near-term cash flow while preserving long-term redevelopment potential.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-04-23

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1303 Fairfield Rd

Victoria, BC V8S 1E3

Land for Sale
$2,600,000 CAD
0.24 AC Lot

Victoria Land for Sale

1303 Fairfield Road presents a rare opportunity to acquire a prime corner development site in one of Victoria’s most desirable residential enclaves. The property is surrounded by a vibrant community fabric, with immediate access to schools, parks, shopping, and transit. Sir James Douglas Elementary is steps away, and the site is within walking distance of Cook Street Village, Beacon Hill Park, and the Moss Street Market. Environmental and geotechnical reports are available, along with previously approved development plans for a mixed-use project, streamlining the path to construction. This offering is ideal for developers seeking a well-located urban infill site with zoning in place and strong community amenities. The Fairfield neighbourhood is known for its walkability, charm, and proximity to Downtown Victoria, making it a compelling location for residential or mixed-use development.