An outstanding opportunity to secure a townhome development site in Saanich, with a development permit approved but expired. The proposed development permits nine (9) townhomes in a highly central and desirable location within Greater Victoria. Surrounded by established residential communities, the site is just minutes from schools, parks, major amenities, and Downtown Victoria, offering both convenience and strong lifestyle appeal.
With increasing demand for missing middle housing, this site is well-positioned to deliver a product that appeals to families, professionals, and downsizers alike. This is a compelling opportunity for developers looking to enter or expand within the Greater Victoria market with a project aligned to current housing needs. Do Not Walk on Site without Permission - Buyer to Verify all details
Data was last updated April 21, 2026 at 12:05 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$899,900
Min list price:
$299,900
Max list price:
$2,675,000
Avg days on market:
36
Min days on market:
4
Max days on market:
174
Avg price per sq.ft.:
$574.85
These statistics are generated based on the current listing's property type
and located in
SE Mt Tolmie. Average values are
derived using median calculations. This data is not produced by
the MLS® system.