Map
CABCVictoria4500 W Saanich Rd
Listing image | Image 1

4500 W Saanich Rd, Victoria, BC

House

For Sale

Listed price in listed location currency (CAD).
$4,150,000

0031

MLS® 1041239

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes $49,038
Days Active 0
Lot Size 0.4 Acres
Approx. Age 
MLS® Number 1041239

Property Address: 4500 W Saanich Rd, Victoria, BC, V8Z3G2

Average square foot calculated using Size range provided by listing agent.

Description

This 17, 425 sq. ft. commercial property offers a rare opportunity to secure a strategic site in the rapidly evolving Royal Oak growth corridor. Now offered at a reduced price with increased rental income, the property provides dependable holding income with significant long-term redevelopment potential.The site features dual road access, with over 100 feet of frontage along West Saanich Road and approximately 60 feet along Viewmont Avenue, immediately adjacent to Royal Oak Shopping Mall. The existing fully leased building comprises seven commercial units and over 7, 600 sq. ft. of leasable area, supported by a long history of stable tenancy. Zoned C-3, preliminary discussions with the municipality indicate potential density in excess of 3.5 FSR. Nearby city-owned lands have been rezoned for buildings up to 12 storeys, with additional developments progressing through the area. A strong income-producing asset today with meaningful future density upside.
MLS® Number1041239
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
DrivewayOn Site
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 23, 2026List Date
$4,150,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
4500 W Saanich Rd, Victoria, BC

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