Prime Investment & Redevelopment Opportunity-Over ½ Acre of usable land in an excellent Saanich neighbourhood. Explore the potential of this large 22,230 sqft parcel located in the South Wilkinson Development Area. This gently sloping property offers outstanding potential and represents a strategic opportunity for multi-generational living, investors, builders, or developers looking to capitalize on Victoria’s evolving housing market. The existing 1955 bungalow provides holding income potential; rent it out while you design and plan your future project. There is flexibility to 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 Type:
Residential
Type:
Single Family Residence
Year built:
1955
(Age: 70)
Living Area:
1,001 sq. ft.93 m2
Listing General Location:
SW Strawberry Vale, Saanich West
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
0.51 acre(s)0.21 hectare(s)
Kitchens:
1
Taxes:
$5,710.19 /
2025
Construction:
Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Total Building Area:
1,001 sq. ft.93 m2
Total Unfinished Area:
0 sq. ft.0 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
1,001 sq. ft.93 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Heatilator, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
Yes
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Entrance
12'3.66 m × 4'1.22 m
Main Floor
Laundry
11'3.35 m × 9'2.74 m
Main Floor
Kitchen
11'3.35 m × 11'3.35 m
Main Floor
Living Room
15'4.57 m × 15'4.57 m
Main Floor
Bedroom - Primary
11'3.35 m × 11'3.35 m
Main Floor
Bedroom
11'3.35 m × 10'3.05 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
4-Piece
Assessed:
1156300.0
Assessment year:
2025
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
LOT 9, PLAN VIP3961, SECTION 16, VICTORIA LAND DISTRICT, EXCEPT PLAN VIP74958
Listed by David Stevens of Royal LePage Coast Capital - Chatterton
Data was last updated November 7, 2025 at 02:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,164,450
Min list price:
$589,900
Max list price:
$1,899,999
Avg days on market:
46
Min days on market:
2
Max days on market:
352
Avg price per sq.ft.:
$506.53
These statistics are generated based on the current listing's property type
and located in
SW Strawberry Vale. Average values are
derived using median calculations. This data is not produced by the MLS® system.