An exceptional development opportunity in one of Victoria’s most strategic growth corridors. Situated on a rare 0.72 acre parcel, 4511 Pachena Place offers outstanding redevelopment potential in an area identified by the District’s Official Community Plan for increased residential density. Located within the Saanich Corridors growth area, this property is positioned along a key transportation and infrastructure route designated to accommodate future higher density housing. Just minutes from Broadmead Village, the Primary Urban Centre, major shopping, restaurants, transit routes, parks and every imaginable amenity, this is exactly the type of location developers seek for their next multifamily project. The existing, well maintained residence provides excellent holding income while development applications, planning and permitting are underway. The home features three bedrooms on the main level along with a self contained one bedroom suite below, making it an ideal rental property during the entitlement process. With a level building site, services available, outstanding central location and tremendous long term upside, opportunities of this size and quality are becoming increasingly rare. Whether you’re a developer, investor or land banker looking to capitalize on Saanich’s vision for future growth, this property represents an exceptional opportunity to secure a prime piece of real estate in one of Greater Victoria’s most promising redevelopment areas. Buyer to verify all redevelopment potential, zoning, servicing and development opportunities with the District of Saanich. (id:44056)
Property Details
Full Address:
4511 Pachena Pl, Saanich, British Columbia
Price:
$ 1,500,000
MLS Number:
1042173
List Date:
July 3rd, 2026
Lot Size:
0.8 ac
Year Built:
1953
Taxes:
$ 4,644
Interior Features
Bedrooms:
4
Bathrooms:
2
Total Rooms:
Other
Storage
10 x 12 feet
Storage
6 x 12 feet
Lower level
Patio
8 x 29 feet
Storage
4 x 6 feet
Laundry room
5 x 11 feet
Bonus Room
8 x 15 feet
Additional Accommodation
Bathroom
6 x 6 feet
Bedroom
13 x 17 feet
Living room
12 x 18 feet
Dining room
7 x 12 feet
Kitchen
13 x 14 feet
Main level
Bathroom
7 x 7 feet
Bedroom
9 x 10 feet
Bedroom
8 x 11 feet
Primary Bedroom
10 x 13 feet
Kitchen
9 x 15 feet
Dining room
8 x 14 feet
Living room
14 x 16 feet
Entrance
5 x 10 feet
Appliances:
Washer, Refrigerator, Range - Gas, Dishwasher, Dryer, Microwave
Air Conditioning:
None
Heating:
Baseboard heaters, Forced air, Oil, Electric
Fireplaces:
1
Building Features
Zoning:
Residential
Zoning Detail:
RS10
Garage:
Garage, RV
Garage Spaces:
10
Ownership Type:
Freehold
Taxes:
$ 4,644
Floors
Finished Area:
2312 sq.ft.
Land
Lot Size:
0.8 ac
Lot Features:
Central location, Cul-de-sac, Southern exposure, Irregular lot size, Sloping, Other
Neighbourhood Features
Ratings
Commercial Info
Neighbourhood Details
Location
Mortgage Calculator
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