Residential Land & Home Lots for Sale near Victoria

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 Land for Sale

The Landing at Millstream Creek offers a 4.7-acre shovel-ready and zoned multifamily development site located at 2207 Millstream Road, Langford, BC. This property is fully entitled under BP9 zoning, allowing for up to 818,928 SF of buildable area with a 4.0x FSR, 80% site coverage, and a maximum building height of 12 storeys. The site has been cleared and graded, with offsite roadwork and sidewalks completed and all municipal services provided to the lot line. This represents an exceptional opportunity to deliver large-scale residential housing in one of Canada’s fastest-growing communities, with immediate development potential and no rezoning required. Situated at the foot of Bear Mountain in North Langford, the property is steps from Millstream Village and minutes from Highway 1, offering excellent connectivity to Victoria and surrounding areas. Residents will enjoy proximity to retail amenities such as Costco, Save-On-Foods, and Best Buy, as well as recreational destinations including Bear Mountain Golf & Country Club, Goldstream Provincial Park, and Thetis Lake. The area has experienced 25.7% population growth since 2019 and is projected to grow another 16.7% over the next five years, supported by high household incomes and limited rental supply. This combination of rapid growth, strong demographics, and abundant amenities makes the site ideal for multifamily development.

Property Subtype:

Industrial

Date on Market:

2025-11-21

Victoria Land for Sale

Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, B.C., located at 4660 Elk Lake Drive. The ±1.80-acre property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of six-storeys and 2.5:1 floor space ratio (FSR), translating to approximately 196,007 buildable square feet (BSF). This well-located property offers significant potential for mixed-use or multifamily redevelopment in a high-growth corridor with direct access to regional transportation, retail amenities, and recreation.Conveniently located in the Royal Oak neighbourhood, within walking distance of several landmarks and amenities, Elk/Beaver Lake Regional Park, Saanich Commonwealth Place, and Rithet’s Bog, as well as a variety of nearby local restaurants, retail outlets and service establishments, such as the Royal Oak Shopping Centre and Broadmead Village Shopping Centre.

Property Subtype:

Commercial

Date on Market:

2025-09-10