Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors.
Address
1193 Dignan Rd
List Price
$995,000
Property Type
Commercial Sale
Type of Dwelling
Unimproved Land
Transaction Type
Sale
Area
Central Saanich
Sub-Area
CS Brentwood Bay
Lot Size
12060 Sq. Ft.
Lot Size (Acres)
0.28 Ac.
MLS® Number
1044984
Listing Brokerage
Macdonald Realty Victoria
Postal Code
V8M 1H4
Tax Amount
$5,398.34
Tax Year
2026
Features
Baseboard, Electric, Forced Air, Oil
Amenities
Cul-De-Sac, Level, Shopping Nearby