Land Properties for Sale near V9A

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.

Property Subtype:

Commercial

Date on Market:

2026-01-21

Victoria Land for Sale

Property Subtype:

Commercial

Date on Market:

2025-12-01

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