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3934 Telegraph Bay Rd
SE Cadboro Bay Saanich V8N 4H7

$1,950,000
Residential beds: 0 baths: 0.0

Main Photo: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 1: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 2: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 3: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 4: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 5: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 6: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 7: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 8: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 9: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 10: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 11: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 12: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 13: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 14: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 15: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 16: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 17: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 18: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 19: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 20: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Photo 21: 3934 Telegraph Bay Rd in Saanich: SE Cadboro Bay Land for sale (Saanich East)  : MLS®# 1047051
Status:
Active
Prop. Type:
Residential
MLS® Num:
1047051
PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.
Property Type:
Residential
Type:
Land
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
21,775 sq. ft.
Kitchens:
0
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of Saanich (SD61)
Zoning:
RS-10
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Lot Site Features:
Cleared, Family-Oriented Neighbourhood, Level, Rectangular Lot, Serviced, Sidewalk
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
4
Road Surface Type:
Paved
Date Listed:
Aug 19, 2026
Original Price:
1950000.0
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Listed by Coldwell Banker Oceanside Real Estate
Data was last updated August 19, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,898,888
Min list price:
$1,395,000
Max list price:
$6,850,000
Avg days on market:
64
Min days on market:
1
Max days on market:
146
Avg price per sq.ft.:
$741
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.
MIKE SHARPE, PREC. (CPI)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.