4500 West Saanich Rd, Saanich

Type: Commercial
Added: 2 months ago
Updated: 2 months ago
Last Checked: 1 day ago
Listed by: Pemberton Holmes Ltd.

Listing description
This Commercial listing at 4500 West Saanich Rd Saanich, BC with the MLS Number 1017882 listed by Kane Ryan - Pemberton Holmes Ltd. on the Saanich market 2 months ago at $4,400,000.

An excellent opportunity to acquire a fully leased, 7-unit commercial building situated on a 17,425 sq. ft. lot in the heart of Royal Oak. The property offers strong holding income, dual road access with over 100 ft of frontage on West Saanich Rd and approx. 60 ft on Viewmont Ave, and is positioned directly beside the Royal Oak Shopping Centre. This well-maintained building has a long history of stable tenancy and minimal vacancy, benefiting from steady neighbourhood traffic, nearby amenities, and excellent connectivity to the Pat Bay Highway and Royal Oak Transit Exchange. Currently zoned C-3 Commercial (1.2 FSR), preliminary discussions with the District of Saanich indicate future rezoning potential to approximately 3.5 FSR, allowing for over 61,000 sq. ft. of buildable area. With city-owned lands across the street rezoned for up to 12 storeys and several mixed-use developments planned nearby, this property offers secure income today with exceptional long-term redevelopment potential. (id:1945)

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Property Details Key information about 4500 West Saanich Rd

Structure Type: Commercial Mix
Building Area Total: 7648

Exterior & Lot Features Learn about the exterior and lot specifics of 4500 West Saanich Rd

Lot Size Units: square feet
Parking Total: 31
Lot Size Dimensions: 17425

Location & Community Understand the neighborhood and community

Common Interest: Freehold

Business & Leasing Information Check business and leasing options available at 4500 West Saanich Rd

Business Type: Service

Property Management & Association Find out management and association details

Association Name: Self Managed

Tax & Legal Information Get tax and legal details applicable to 4500 West Saanich Rd

Zoning: Unknown
Parcel Number: 000-070-319
Tax Annual Amount: 49038
Zoning Description: C3

Additional Features Explore extra features and benefits

List A O R: Victoria
List A O R Key: 3

Nearby Listings Stat Estimated price and comparable properties near 4500 West Saanich Rd

Active listings

Min Price

$75,000

Max Price

$6,500,000

Avg Price

$1,319,977

Days on Market

79 days

Sold listings

Min Sold Price

$484,900

Max Sold Price

$25,000,000

Avg Sold Price

$2,054,482

Days until Sold

87 days

Nearby Places Nearby schools and amenities around 4500 West Saanich Rd

Camosun College - Interurban Campus (2.1 km)
4461 Interurban Rd, Victoria

Reynolds Secondary (3.6 km)
3963 Borden St, Saanich

Lambrick Park Secondary School (4.6 km)
4139 Torquay Dr, Victoria

Med Grill Royal Oak (0.1 km)
4512 W Saanich Rd, Victoria

Roadhouse Bar & Grill (4.5 km)
5285 W Saanich Rd, Saanich

Saanich Commonwealth Place (0.8 km)
4636 Elk Lake Dr, Victoria

Mount Douglas Park (3.9 km)
Victoria

Cordova Bay Golf Course (4.3 km)
5333 Cordova Bay Rd, Victoria

Boston Pizza (4.3 km)
3510 Blanshard St, Victoria

Tillicum Centre (4.4 km)
3170 Tillicum Rd, Victoria

Victoria General Hospital (4.5 km)
1 Hospital Way, Victoria

Price History

Listed

October 20, 2025

by Pemberton Holmes Ltd.

Commercial For Sale

$4,400,000

Nearby Cities	Listings	Avg. price
Victoria Homes For Sale	286	$880,883
Colwood Homes For Sale	80	$934,918
Langford Homes For Sale	349	$897,787
Central Saanich Homes For Sale	87	$1,537,298
Sooke Homes For Sale	203	$1,114,959
Duncan Homes For Sale	175	$1,016,727

Popular Cities	Listings	Avg. price
Delta Homes For Sale	392	$1,700,302
Richmond Homes For Sale	1187	$1,523,182
Surrey Homes For Sale	2984	$1,495,476
New Westminster Homes For Sale	330	$1,101,503
Burnaby Homes For Sale	1004	$1,567,017
Vancouver Homes For Sale	2640	$1,938,201

4500 West Saanich Rd, Saanich

Listing description This Commercial listing at 4500 West Saanich Rd Saanich, BC with the MLS Number 1017882 listed by Kane Ryan - Pemberton Holmes Ltd. on the Saanich market 2 months ago at $4,400,000.

Nearby Listings Stat Estimated price and comparable properties near 4500 West Saanich Rd

Nearby Places Nearby schools and amenities around 4500 West Saanich Rd

Price History

Similar Commercial Listings For Sale

Listing description
This Commercial listing at 4500 West Saanich Rd Saanich, BC with the MLS Number 1017882 listed by Kane Ryan - Pemberton Holmes Ltd. on the Saanich market 2 months ago at $4,400,000.