Land Properties for Sale near V8R

Victoria Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-12-01

Victoria Land for Sale

The residential makeup in the area is predominantly single-family dwellings with medium density apartment and condominium units along McKenzie Avenue. This area is popular with renters as it benefits from the favorable bus routes directly to the University of Victoria along the McKenzie corridor, and its central suburban location makes for an easy commute to Victoria’s downtown core, the Saanich Peninsula, and the Westshore. The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich’s current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.

Property Subtype:

Commercial

Date on Market:

2025-07-01

Victoria Portfolio of properties for Sale

Colliers is pleased to offer for sale two (2) exceptionally located, multifamily development opportunities in the Fairfield neighbourhood of Victoria, B.C. The locations offer convenient access to downtown Victoria, Cook Street Village, Beacon Hill Park and other nearby amenities, recreational activities, and schools. Both sites are zoned, offering varying density, but permit multiple dwelling developments of anywhere from three (3) to six (6) storeys. In-place zoning allows prospective purchasers to propose their own missing middle project. While it is the owner’s preference to sell both development sites to one purchaser, it will entertain offers on each property individually.

Date on Market:

2024-07-24