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4660 Elk Lake Dr 1.8 Acres of Commercial Land in Victoria, BC V8Z 5M1
EXECUTIVE SUMMARY
Colliers is pleased to present an exceptional opportunity to acquire a prime redevelopment site in Saanich, B.C., located at 4660 Elk Lake Drive. The ±1.80-acre property falls within a Provincially designated Transit-Oriented Area (TOA), allowing for a minimum density of six-storeys and 2.5:1 floor space ratio (FSR), translating to approximately 196,007 buildable square feet (BSF). This well-located property offers significant potential for mixed-use or multifamily redevelopment in a high-growth corridor with direct access to regional transportation, retail amenities, and recreation.Conveniently located in the Royal Oak neighbourhood, within walking distance of several landmarks and amenities, Elk/Beaver Lake Regional Park, Saanich Commonwealth Place, and Rithet’s Bog, as well as a variety of nearby local restaurants, retail outlets and service establishments, such as the Royal Oak Shopping Centre and Broadmead Village Shopping Centre.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 1.80 AC |
| Property Type | Land | ||
| Zoning | A-3 - Rural Zone | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 1.80 AC |
| Zoning | A-3 - Rural Zone |
1 LOT AVAILABLE
Lot
| Lot Size | 1.80 AC |
| Lot Size | 1.80 AC |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (74)
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4660 Elk Lake Dr
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