3934 Telegraph Bay Rd.

$1,950,000

Land located in Saanich East - SE Cadboro Bay, V8N 4H7

sqft, 0 Beds, 0 Baths
MLS #1047051 Listed by Harrison SiemensColdwell Banker Oceanside Real Estate
  • Listed On: August 19, 2026
  • Type: Residential
  • Lot Size: 0.5 acres
  • Total Parking: 4
  • Features: Cleared, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk,
  • Zoning: RS-10

Description

PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.

Location

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