3921 Quadra St, Saanich, BC V8X 1J3
3921 Quadra St, Saanich, BC V8X 1J3
3921 Quadra St, Saanich, BC V8X 1J3
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Listing by Grant Evans Colliers
$5,650,000
Est. payment /mo
0.72 Acres Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1029469

HOA Y/N No

Annual Tax Amount $13,664

Tax Year 2025

Lot Size 0.720 Acres

Acres 0.72

Property Sub-Type Multi Family

Property Description

Prime 0.72-acre fully rezoned multi-family development site in the heart of Saanich, approved for a 6-storey, 73-unit condominium building. Located at 3921, 3925 & 3933 Quadra Street, this well-positioned urban infill site offers a rare opportunity in one of Greater Victoria's most supply-constrained markets. The property is rezoned to RA-11 with an approved Development Permit, allowing 73 units with 70,889 sq. ft. of gross building area and an FSR of 2.38. The project is grandfathered under the 2018 Building Code, reducing seismic and adaptability costs. Three existing single-family homes provide approx. $6,000/month in holding income. The approved design includes 1-, 2- and 3-bedroom units, one level of underground parking with 54 stalls (EV-ready), two elevators, and on-site amenities including a playground and outdoor gathering area. Steps from Saanich Centre, transit, schools, parks. See attached brochure for more details

Location

Province BC

County Capital Regional District

Community Se High Quadra

Area Saanich East

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Garage No

Others

Ownership Freehold


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Jason Anson
Jason Anson

Agent | License ID: 188385

+1(250) 252-7653 | sold@jasonanson.ca

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3921 Quadra St

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