3934 Telegraph Bay Rd, Saanich
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. (id:1945)
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Property details for 3934 Telegraph Bay Rd, Saanich
- Type
- Lots and Land
- Lot Size
- 21775
- Ownership
- Freehold
- Annual Taxes
- $8,170
Nearby Listings Stat
Estimated price and comparable properties near 3934 Telegraph Bay Rd
Active Listings
50
Min Price
$30,000
Max Price
$6,650,000
Avg Price
$2,151,986
Days on Market
56
days
Sold Listings
13
Min Sold Price
$879,000
Max Sold Price
$4,580,000
Avg Sold Price
$1,530,292
Days until Sold
71
days
Neighbourhood Census Data
Saanich, British Columbia / Colombie-Britannique
Population
424
Median Age
52.1
Median Income
$62,848
Dwelling Value
$1,003,226
Housing Tenure
Owners 91%
Renters 9%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 1,368.2/km²
Avg Shelter Cost: $1,515/mo
Owners with Mortgage: 32.1%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 0%
English only: 82.4%
English and French: 16.5%
Neither: 1.2%
Median Household Income: $141,952
Median Employment Income: $42,240
Price History
Listed
August 19, 2026
by Coldwell Banker Oceanside Real Estate
Current Price
$1,950,000
Type
Lots and Land
For Sale
