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Executive Summary

Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, BC, located at 41, 43, 51 Cadillac Avenue (collectively the “Property”). The ±16,800 SF property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of 10 storeys and 3.5:1 FSR. Given the TOA designation, no parking is required. Within the Core designation of Saanich’s Uptown Douglas Plan, the Property is designated for high-rise buildings with a base of 12 storeys and a max of 18 storeys.

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Brochure

Property Facts

Price $4,041,819 USD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.39 AC
Zoning RD-1, M-1

1 Lot Available

Lot

Price $4,041,819 USD
Price Per AC $10,479,858.10 USD
Lot Size 0.39 AC
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
  • Listing ID: 37738893

  • Date on Market: 9/19/2025

  • Last Updated:

  • Address: 41-51 Cadillac Av, Victoria, BC V8Z 1T3

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