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.
Data was last updated November 7, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,149,900
Min list price:
$589,900
Max list price:
$1,899,999
Avg days on market:
45
Min days on market:
1
Max days on market:
353
Avg price per sq.ft.:
$522.46
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.