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$1,950,000
1047051 MLS
PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.

3934 Telegraph Bay Rd, Saanich

Courtesy of Coldwell Banker Oceanside Real Estate

$2,199,000
4 Beds ⋅ 5 Baths ⋅ 1044409 MLS
**Modern Coastal Luxury in Cadboro Bay.** Experience exceptional craftsmanship and timeless design in this brand-new 4-bedroom, 5-bathroom home with a den and versatile 1-bedroom suite for extended family, guests, or mortgage assistance. Premium finishes include hardwood floors, 9' ceilings, 8' interior doors, expansive windows, a gas fireplace, and a chef's kitchen with quartz counters, custom millwork, a Wolf gas range, and Fisher & Paykel appliances. Upstairs offers a luxurious primary suite with a spa-inspired ensuite and walk-in closet, two additional bedrooms, a family flex area, and laundry, with one bedroom featuring its own ensuite. Enjoy a large deck overlooking the private, fully fenced, irrigated yard. EV roughed in garage, extra parking, and steps to Gyro Beach, Cadboro Bay Village, UVic, and minutes to Downtown Victoria. This is a rare opportunity to own a brand-new luxury home where exceptional quality, thoughtful design, and an unbeatable location come together.

3942 Telegraph Bay Rd Unit ##B, Saanich

Courtesy of eXp Realty

$2,249,000
4 Beds ⋅ 5 Baths ⋅ 1044326 MLS
**Modern Coastal Luxury in Cadboro Bay.** Experience exceptional craftsmanship and timeless design in this brand-new 4-bedroom, 5-bathroom home with a den and versatile 1-bedroom suite for extended family, guests, or mortgage assistance. Premium finishes include hardwood floors, 9' ceilings, 8' interior doors, expansive windows, a gas fireplace, and a chef's kitchen with quartz counters, custom millwork, a Wolf gas range, and Fisher & Paykel appliances. Upstairs offers a luxurious primary suite with a spa-inspired ensuite and walk-in closet, two additional bedrooms, a family flex area, and laundry, with one bedroom featuring its own ensuite. The rooftop deck adds the perfect wow factor. Enjoy a large deck overlooking the private, fully fenced, irrigated yard. EV roughed in garage, extra parking, and an unbeatable location steps to Gyro Beach, Cadboro Bay Village, UVic, and minutes to Downtown Victoria.

3942 Telegraph Bay Rd Unit ##A, Saanich

Courtesy of eXp Realty

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