Description
Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land with a comfortable home in an excellent Saanich neighbourhood. Explore this large parcel in the South Wilkinson Development Area. The gently sloping property offers outstanding potential for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market. Existing 1955 bungalow is perfectly liveable and cozy with privacy, a large garage and ample outdoor spaces for play and relaxation. Live in or rent it out for holding income while you design and plan. Explore multiple development configurations suited to current market demand and municipal guidelines. This is one of the largest and best priced properties available in Greater Victoria, offering strong upside potential in a rapidly growing area. Opportunities of this scale and value are rare, act quickly. Contact your Realtor® today for details on zoning, development possibilities, and investment returns.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1052515 |
| Status | Active |
| City | Saanich |
| Area | Saanich West |
| Sub-Area | SW Strawberry Vale |
| Postal Code | V8Z 5A2 |
| Property Taxes | $5,800.96 (2026) |
| Garage Spaces | 1 |
| Parking Total | 6 |
| Facing | Southeast |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Forced Air,Oil |
| Fireplaces | 1 |
| Fireplace Type | Heatilator,Wood Burning |
| Interior Features | Controlled Entry,Dining/Living Combo,Workshop |
| Exterior Features | Balcony/Patio |
| Construction | Stucco |
| Roof | Asphalt Torch On |
| Foundation | Poured Concrete |
| Basement | Crawl Space |
| Laundry | In House |
| Listed Date | Oct 23, 2026 |
| Lot Size | 0.51 acres |