Description
Exceptional development opportunity on a rare ½-acre property with dual access from Canora Rd. and Rideau Ave. The existing home provides excellent holding potential while future plans are explored. Situated in the highly desirable North Saanich with quick access to BC Ferries, Victoria Airport and Sidney. Buyers are encouraged to verify development possibilities with the District of North Saanich. Potential concepts include approximately 7-8 townhomes, up to 14 three-storey condominiums, or 4 single-family lots of approximately 4,000-6,000 sq. ft., subject to approvals. Located on the Lochside Trail with easy cycling access to Sidney, Panorama Rec Centre and the airport. Walking distance to Marty's Mountain Market, Bazan Bay amenities, parks, and transit, including the McTavish transit exchange just 400m away. An outstanding opportunity to secure a prime development site in one of the Peninsula's fastest-growing communities. Call today to arrange your viewing.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1044939 |
| Status | Active |
| City | North Saanich |
| Area | North Saanich |
| Sub-Area | NS Bazan Bay |
| Postal Code | V8L 1E8 |
| Property Taxes | $3,857.90 (2026) |
| Garage Spaces | 2 |
| Parking Total | 4 |
| Zoning | RA4 |
| Facing | East |
| Water | Municipal |
| Sewer | Septic System |
| Heating | Baseboard,Forced Air |
| Fireplaces | 2 |
| Fireplace Type | Living Room,Wood Burning |
| Appliances | Dryer,Refrigerator,Washer |
| Exterior Features | Fencing: Partial |
| Construction | Frame Wood,Insulation: Ceiling,Insulation: Walls |
| Roof | Asphalt Shingle |
| Foundation | Slab |
| Basement | None |
| Laundry | In House |
| Listed Date | Aug 11, 2026 |
| Lot Size | 0.50 acres |