V8W Land Properties for Sale

Land Properties for Sale Within 5 kilometers of V8W

738 Pembroke St

Victoria, BC V8T 1H8

Land for Sale
$1,750,000 CAD
0.19 AC Lot

Victoria Land for Sale

738 Pembroke Street presents a rare opportunity to acquire a strategically located development land in one of Victoria’s most desirable urban corridors. Located just minutes from the Blanshard and Douglas Street Corridors that funnel directly into the Downtown Core. The strategic position places the property at the doorstep of one of the city’s most active redevelopment nodes, with rapid access to major transit routes connecting Greater Victoria. The current house on the property is vacant, allowing for immediate demolition upon permitting approval. Development Potential: The Property Civic Addresses: The subject property is located in the Industry, Arts, and Innovations district allowing for a (3:1 current FSR, up to a 5:1 under the Victoria 2050 OCP. Sub Area - The Rock Bay Slope policy area is intended to accommodate strategically located housing while preserving Victoria’s industrial employment base. The area envisions vibrant mixed-use buildings featuring light industrial, commercial, office, and art/cultural uses at lower levels, with residential and work-live opportunities above

Contact:

Colliers

Property Subtype:

Residential

Date on Market:

2026-06-26

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1326 Pandora Av

Victoria, BC V8V 3R5

Land for Sale
$1,125,000 CAD
0.14 AC Lot

Victoria Land for Sale

Colliers is pleased to present the opportunity to acquire a centrally located townhouse development site in Victoria. The site totals 5,940 SF and is rezoned with Development Permit (DP) in hand. The Property has been successfully rezoned to R-114 Zone (1326 Pandora Street District) to accommodate a four-unit townhome development, offering an excellent opportunity for residential development. The new zoning will permit four (4) townhomes to be constructed allowing prospective purchasers to design their own missing middle project in a highly central location in Victoria.

Contact:

Colliers

Property Subtype:

Residential

Date on Market:

2026-05-01

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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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3925 Quadra St

Victoria, BC V8X 1J3

Land for Sale
$5,650,000 CAD
0.72 AC Lot

Victoria Land for Sale

The property has been rezoned with approval of a Development Permit by the District of Saanich Council, changing from RS-6 (Single Family Dwelling) to RA-11. As a result, this combined 31,345 SF site is now approved for construction of a 6-storey, 73-unit condominium building comprising a gross floor area of 70,501 SF. The project is grandfathered under the 2018 Building Code for seismic and adaptability requirements, allowing for substantial construction cost savings compared to newer code requirements. In addition, the 3 single family homes provide nominal interim rental holding income during any pre-development phase. Located in close proximity to retail and service amenities in Saanich Centre, major transit routes as well as recreational options such as Annie Park and the Lochside Regional Trail system, the site offers excellent connectivity as well as walkability.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2026-01-21

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41-51 Cadillac Av

Victoria, BC V8Z 1T3

Land for Sale
$5,625,000 CAD
0.39 AC Lot

Victoria Land for Sale

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.

Contact:

Colliers

Property Subtype:

Commercial

Date on Market:

2025-09-19

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Development Sites in the Fairfield Neigh

Land for Sale
$3,250,000 CAD
0.31 AC
2 Land Properties

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.

Contact:

Colliers

Date on Market:

2024-07-24

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3952 Borden St

Victoria, BC V8P 3H8

Land for Sale
Price Upon Request
1.52 AC Lot

Victoria Land for Sale

We are pleased to present for sale a 1.525-acre development site fronting Borden Street in Saanich, B.C. Located within the Quadra McKenzie Growth Area, the property carries future land use designations of “Centre Core” in the Draft Quadra McKenzie Plan and “Centre” in the 2024 Official Community Plan. These designations contemplate mid to high-rise residential and mixed-use development including six-storey building forms. Positioned within a Transit-Oriented Area at a key urban node, the site offers excellent visibility, accessibility, and a compelling near-term development opportunity consistent with Saanich’s future growth framework.