For Sale: 3934 Telegraph Bay Road, Saanich, BC - REW
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$1,950,000
0 bd • 0 ba • sf • Land/Lot
3934 Telegraph Bay Road
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$1,950,000
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3934 Telegraph Bay RoadSaanich, BC, V8N 4H7

Cadboro Bay
  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

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.
Listed by: Harrison Siemens, Coldwell Banker Oceanside Real Estate

Home facts and features

Price details
List Price
$1,950,000
Get Pre-Approved
Gross Taxes for 2026
$8,170
Home facts
Bedrooms
0
Full Bathrooms
0
Parking Spaces
4
Property Type
Land/Lot
Lot Size
21775 ft²
Title
Freehold
Features
Cleared, Family-oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk
Community
Agent details
Primary Agent
Primary Broker
Coldwell Banker Oceanside Real Estate
Secondary Agent
Secondary Broker
Coldwell Banker Oceanside Real Estate
Listing details
Days on REW
1 Day
MLS® Number
1047051
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Frank Hobbs Elementary School
  • Public
  • K - 5
  • In Catchment
Mount Douglas Secondary School
  • Public
  • 9 - 12
  • In Catchment
Arbutus Global Middle School
  • Public
  • 6 - 8
Maria Montessori Academy
  • Independent
  • K - 12
St Michaels University School
  • Independent
  • 6 - 12
Lansdowne Middle School
  • Public
  • 6 - 8
Artemis Place Secondary School
  • Independent
  • 10 - 12
ArtsCalibre Academy
  • Independent
  • K - 6
Cedar Hill Middle School
  • Public
  • 6 - 8
Gordon Head Middle School
  • Public
  • 6 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-08-20.
Call Agent
Harrison Siemens
Phone:
(778) 966-1078
Cell:
778-966-1078
Office:
250-383-1500
Fax:
250-383-1533
Corey Lister
Phone:
250-709-3753
Office:
250-383-1500
Fax:
250-383-1533
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