3934 Telegraph Bay Rd
SE Cadboro Bay
Saanich
V8N 4H7
$1,950,000
Residential
beds: 0
baths: 0.0
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1047051
- Photos (21)
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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.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- SE Cadboro Bay, Saanich East
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 21,775 sq. ft.2,023 m2
- Kitchens:
- 0
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Fireplace:
- No
- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Units in Building:
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- Units in Community:
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- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Lot Site Features:
- Cleared, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Total Units:
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- Date Listed:
- Aug 19, 2026
- Original Price:
- 1950000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 20, 2026 at 12:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,898,888
- Min list price:
- $1,395,000
- Max list price:
- $6,850,000
- Avg days on market:
- 64
- Min days on market:
- 1
- Max days on market:
- 146
- Avg price per sq.ft.:
- $741
These statistics are generated based on the current listing's property type
and located in
SE Cadboro Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.


