3385-3405 Shelbourne St - Commercial LAND FOR SALE


Saanich, BC V8P 4G1 32,234 SF
$6,800,000 CAD
250-414-8373
3385-3405 Shelbourne St, Saanich, BC for Sale
$6,800,000 CAD
Commercial LAND - FOR SALE
1/3
32,234 SF

3385-3405 Shelbourne St
Saanich, BC V8P 4G1


OVERVIEW

This fully zoned multi-family development site comes with Building Permit (BP) ready for pick up at Saanich Municipal Hall for 95 units. While originally designed as a strata-titled condominium project, the flexible zoning and unit mix make it equally well-suited for a purpose-built rental development. The opportunity is further enhanced by the potential to increase unit count from 95 to 97 through three-bedroom conversions, maximizing yield and long-term value. Located steps from Hillside Center, Saanich Plaza, and University of Victoria, the site benefits from excellent connectivity and walkability.

FOR SALE DETAILS

PRICE

$6,800,000 CAD

PRICE/ACRE

$9,189,015/AC

PRICE/SF

$211 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

-

LAND ACRES

0.74 AC

LAND SF

32,235 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

004-622-031,004-622-049,005-663-814,005-663-822

ASK ABOUT THIS PROPERTY

Grant EvansColliersMore Info
250-414-8373

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Grant EvansColliersMore Info
250-414-8373

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.