3491 Saanich Rd, Saanich, BC V8X 1W8
3491 Saanich Rd, Saanich, BC V8X 1W8
3491 Saanich Rd, Saanich, BC V8X 1W8
Listing by Patrick Schorle Pacifica Real Estate Inc.
Bought with Harley Shim Sotheby's International Realty Canada
$2,400,000
Est. payment /mo
$2,850,000
15.8%
Est.Price: ?

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7,693 SqFt
SOLD DATE : 01/31/2025

Key Details

Sold Price $2,400,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 7,693 sqft

Price per Sqft $311

MLS Listing ID 980331

Sold Date 01/31/25

HOA Y/N No

Annual Tax Amount $45,775

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Business

Property Description

Fantastic Investment opportunity in the Saanich Core. Right across from Uptown. This property is zoned C2 General Commercial. Currently tenanted with good cash flows and a 4.3% cap rate*, this lot is situated in the prime area of the district of Saanich' s vision for the core and the Uptown Douglas Plan. A great candidate property for future-redevelopment Information on the tenancies and financials available upon the execution of a non-disclosure agreement.

*cap rate is an estimation and should not be relied upon without independent verification

Location

Province BC

County Capital Regional District

Community Se Quadra

Area Saanich East

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N false

Street Surface Paved

Garage No

Others

Ownership Freehold

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Nearby Locations

Jason Anson
Jason Anson

Agent | License ID: 188385

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

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This page highlights a Sold Listing, showing how a property recently changed hands and what that means for the local market. Every sale is part of a larger pattern shaped by neighbourhood demand, pricing, and timing. I have lived on Vancouver Island for more than 30 years and have seen how sales activity reflects the growth and change of communities. In my professional work I focus on proving actual market value with market movement data, helping both buyers and sellers learn from past results and apply that insight to their next steps. Use these guides to explore regional areas and see how this sold property connects with the wider housing story of the island at Living on Vancouver Island.

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