The Cheapest Freehold home in Brentwood Bay and Significant Development Potential. Nice and level 100'X120' Lot near the end of a quite cul-de-sac. Central Saanich has designated the street in the new OCP as Multi-Unit Residential with an indication that they desire apartments/Condos or higher density townhouses. A proposal has been made recently by Central Saanich for the full street to be potentially Apartment Zoned. The current owner proposed 8 Townhomes in 2021 but Council wasn't certain if they wanted that or higher density as the OCP was in review at that time. Plans for 8 townhome units are available with the purchase as is Survey, Engineering report, Arborists Report and more. Currently the property is tenanted. This property is ideally to be sold as a share sale of the company (BC1111042) that holds this asset. This is the sole asset of the company with no liabilities. This is a great developer project or hold for larger land acquisition.
Data was last updated November 9, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$1,059,450
Min list price:
$199,900
Max list price:
$2,699,000
Avg days on market:
54
Min days on market:
1
Max days on market:
158
Avg price per sq.ft.:
$612.3
These statistics are generated based on the current listing's property type
and located in
CS Brentwood Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.