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FIND OUT MORE ABOUT 4511 PACHENA PLACE, SAANICH BRITISH COLUMBIA V8X2P1 (MLS® #1042173)
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+5 more
4511 Pachena Place, Saanich, British Columbia
$1,500,000
4
Beds
2.0
Baths
2,312
Square feet
0.8000
Acres
About 4511 Pachena Place
An exceptional development opportunity in one of Victoria’s most strategic growth corridors. Situated on a rare 0.72 acre parcel, 4511 Pachena Place offers outstanding redevelopment potential in an area identified by the District’s Official Community Plan for increased residential density. Located within the Saanich Corridors growth area, this property is positioned along a key transportation and infrastructure route designated to accommodate future higher density housing. Just minutes from Broadmead Village, the Primary Urban Centre, major shopping, restaurants, transit routes, parks and every imaginable amenity, this is exactly the type of location developers seek for their next multifamily project. The existing, well maintained residence provides excellent holding income while development applications, planning and permitting are underway. The home features three bedrooms on the main level along with a self contained one bedroom suite below, making it an ideal rental property during the entitlement process. With a level building site, services available, outstanding central location and tremendous long term upside, opportunities of this size and quality are becoming increasingly rare. Whether you’re a developer, investor or land banker looking to capitalize on Saanich’s vision for future growth, this property represents an exceptional opportunity to secure a prime piece of real estate in one of Greater Victoria’s most promising redevelopment areas. Buyer to verify all redevelopment potential, zoning, servicing and development opportunities with the District of Saanich. (id:66920)
Key Features
Washer
Refrigerator
Range - Gas
Dishwasher
Dryer
Microwave
Central location
Cul-de-sac
Southern exposure
Irregular lot size
Sloping
Other
Garage
RV
Baseboard heaters
Forced air
Oil
Electric
None
House
Open House
Sat, May 30th, 2026 @ 2pm - 4pm
No RSVP required. Drop in anytime during the open house window.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by
The Canadian Real Estate Association (CREA) and identify real estate professionals who
are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
