About 3934 Telegraph Bay Rd
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.
Features of 3934 Telegraph Bay Rd
| MLS® # | 1047051 |
|---|---|
| Price | $1,950,000 |
| Bathrooms | 0.00 |
| Acres | 0.50 |
| Type | Residential |
| Sub-Type | Land |
| Status | Active |
Community Information
| Address | 3934 Telegraph Bay Rd |
|---|---|
| Area | SE Cadboro Bay |
| City | Saanich |
| County | Capital Regional District |
| Province | BC |
| Postal Code | V8N 4H7 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Additional Information
| Date Listed | August 19th, 2026 |
|---|---|
| Days on Market | 22 |
| Zoning | RS-10 |
Listing Details
| Office | Coldwell Banker Oceanside Real Estate |
|---|