4511 Pachena Pl, Saanich
An exceptional development opportunity in one of Victoria’s most strategic growth corridors. Situated on a rare 0.72 acre parcel, 4511 Pachena Place offers outstanding redevelopment potential in an area identified by the District’s Official Community Plan for increased residential density. Located within the Saanich Corridors growth area, this property is positioned along a key transportation and infrastructure route designated to accommodate future higher density housing. Just minutes from Broadmead Village, the Primary Urban Centre, major shopping, restaurants, transit routes, parks and every imaginable amenity, this is exactly the type of location developers seek for their next multifamily project. The existing, well maintained residence provides excellent holding income while development applications, planning and permitting are underway. The home features three bedrooms on the main level along with a self contained one bedroom suite below, making it an ideal rental property during the entitlement process. With a level building site, services available, outstanding central location and tremendous long term upside, opportunities of this size and quality are becoming increasingly rare. Whether you’re a developer, investor or land banker looking to capitalize on Saanich’s vision for future growth, this property represents an exceptional opportunity to secure a prime piece of real estate in one of Greater Victoria’s most promising redevelopment areas. Buyer to verify all redevelopment potential, zoning, servicing and development opportunities with the District of Saanich. (id:1945)
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Property details for 4511 Pachena Pl, Saanich
- Type
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,312 square feet
- Lot Size
- 0.8
- Parking
- Garage, RV
- Heating
- Baseboard heaters, Forced air, Oil, Electric
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $4,644
Nearby Listings Stat
Estimated price and comparable properties near 4511 Pachena Pl
Active Listings
12
Min Price
$699,999
Max Price
$1,599,900
Avg Price
$1,091,933
Days on Market
68
days
Sold Listings
4
Min Sold Price
$725,000
Max Sold Price
$1,149,000
Avg Sold Price
$930,725
Days until Sold
51
days
Neighbourhood Census Data
Saanich, British Columbia / Colombie-Britannique
Population
617
Median Age
54.9
Median Income
$36,352
Dwelling Value
$979,419
Housing Tenure
Owners 27%
Renters 73%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 2,272.6/km²
Avg Shelter Cost: $2,325/mo
Owners with Mortgage: 75%
Owners Spending 30%+: 37.5%
Tenants Spending 30%+: 17.4%
English only: 91%
English and French: 6.4%
Neither: 1.3%
Median Household Income: $73,216
Median Employment Income: $33,408
Price History
Listed
July 3, 2026
by RE/MAX Generation - The Neal Estate Group
Current Price
$1,500,000
Type
Residential
For Sale
