Description
Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1980's custom home on 12,412 sq/ft lot to be sold in conjunction with MLS #1040767 (2608 Penrhyn Street). Adjoining properties have been in the same family for over 75+ yrs. Offering an aggregate 20,837 sq/ft (.478 acres) this potential site boasts unparalleled OCEAN & PARK views, walkability & long-term growth opportunity w/ immediate proximity to the area's finest beaches, boutique shops, pub, grocery, UVIC & Village amenities. Sought after residential neighborhood w/ an established mix of SFD's, townhomes & condos. Immediate proximity to recently completed high-end strata developments & more currently underway w/ sales commanding top tier sq/ft value. Expanding range of housing options in the Village Neighborhood have increased housing diversity & supply, while retaining street & block character. Opportunity knocks to provide needed housing options.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1040736 |
| Status | Active |
| City | Saanich |
| Area | Saanich East |
| Sub-Area | SE Cadboro Bay |
| Postal Code | V8N 1G3 |
| Property Taxes | $10,131.14 (2026) |
| Garage Spaces | 1 |
| Parking Total | 8 |
| Zoning | RS-10 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Electric,Forced Air,Heat Pump |
| Cooling | Air Conditioning,Central Air |
| Fireplaces | 1 |
| Fireplace Type | Family Room,Propane |
| Appliances | Dishwasher,Dryer,Microwave,Oven/Range Gas,Range Hood,Refrigerator,Washer |
| Exterior Features | Awning(s),Balcony,Balcony/Deck,Balcony/Patio,Fencing: Partial,Garden |
| Construction | Frame Wood,Insulation: Ceiling,Insulation: Walls,Wood |
| Roof | Fibreglass Shingle |
| Foundation | Poured Concrete |
| Basement | Crawl Space |
| Laundry | In House |
| Listed Date | Jun 17, 2026 |
| Ownership | Freehold |
| Lot Size | 0.28 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 4-Piece | |
| Bathroom | Main level | 2-Piece | |
| Bedroom | Main level | 13 ft x 10 ft | |
| Bedroom | Main level | 13 ft x 10 ft | |
| Den | Main level | 9 ft x 12 ft | |
| Dining room | Main level | 9 ft x 13 ft | |
| Entrance | Main level | 10 ft x 9 ft | |
| Family room | Main level | 24 ft x 15 ft | |
| Kitchen | Main level | 13 ft x 12 ft | |
| Laundry room | Main level | 13 ft x 11 ft | |
| Living room | Main level | 15 ft x 15 ft | |
| Patio | Main level | 44 ft x 20 ft | |
| Storage | Main level | 11 ft x 8 ft |
Building Details
Additional Information
| Features | Central location, Level lot, Park setting, Private setting, Other, Marine Oriented |
| View | Ocean view |
| Land Size | 12412 sqft |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 3010 sqft |
| Transaction | For sale |