RARE CADBORO BAY WATERFRONT OPPORTUNITY—now offered at a significantly adjusted price reflecting today’s market. This low-bank, beach-level property is located in one of Victoria’s most desirable coastal settings. This LAND ONLY sale is priced at lot value; construction costs are excluded. The 10,445 sq.ft. parcel offers unobstructed water views and a shovel-ready, extensively de-risked development opportunity. Approvals include a Saanich Board of Variance height variance to 8.19 m (26.9 ft), archaeological permit (Site DcRt-9), demolition permit, and structural engineer approval to utilize the existing foundation. Flood, geotechnical and soil engineering studies, hazardous materials assessment, and new perimeter drainage are complete. Plans and renderings by Step One Design are available, together with the involvement of Tidman Construction, one of Greater Victoria’s most respected builders. Explore: https://maxsites.ca/waring/ Buyer to verify all information and approvals.
Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks
Exposure / Faces:
West
Layout:
Other
Lot Site Features:
Central Location, Cul-De-Sac, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, No Through Road, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure, Walk on Waterfront
Data was last updated September 11, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$1,924,444
Min list price:
$879,000
Max list price:
$6,650,000
Avg days on market:
39
Min days on market:
1
Max days on market:
169
Avg price per sq.ft.:
$708.44
These statistics are generated based on the current listing's property type
and located in
SE Cadboro Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.