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Listing by Chris Rust CBRE Limited
$ 6,900,000
Est. payment | /mo
1.6 Acres Lot
$ 6,900,000
Est. payment | /mo
1.6 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1037492
HOA Y/N No
Annual Tax Amount $58,291
Tax Year 2025
Lot Size 1.600 Acres
Acres 1.6
Property Sub-Type Multi Family
Property Description
Presenting the opportunity to purchase 2625 Arbutus Road in Saanich, BC. This rare 1.6 acre property is located in the highly desirable Cadboro Bay / Arbutus neighbourhood, steps from Cadboro Bay Village and blocks from the University of Victoria. This offering represents an exceptional opportunity to develop housing in one of Greater Victoria's most affluent communities, where there is a very low supply of diverse housing options. Currently improved with a vacant 13,632 SF church facility and 53 paved parking stalls, there is significant potential for holding income while in planning. Conceptual development plans have been well received by the Municipality of Saanich.
Location
Province BC
County Capital Regional District
Community Se Cadboro Bay
Area Saanich East
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N false
Garage No
Others
Ownership Freehold
Nearby Locations
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