- For Sale $4,600,000
- Property Type Other
- Property Size 33,045 SF
- Date Updated Apr 12, 2025
FOR SALE BY COURT ORDER
The subject assembly is well-located at the corner of Saanich Road and McKenzie Avenue. The area is within walking distance to a diverse mix of commercial amenities at the corner of Quadra Street and McKenzie Avenue. The residential makeup in the area is predominantly single-family dwellings with medium density apartment and condominium units along McKenzie Avenue. This area is popular with renters as it benefits from the favorable bus routes directly to the University of Victoria along the McKenzie corridor, and its central suburban location makes for an easy commute to Victoria’s downtown core, the Saanich Peninsula, and the Westshore.
Development Opportunity
The Subject property is identified in a primary growth area and is surrounded by recently approved and legacy multifamily properties. Saanich’s current OCP speaks to mid-rise buildings of up to 12-storeys in this location. There is a current development permit application (unapproved) for an 8-storey building which equates to a 2.9:1 FAR.
Highlights
- Gently sloping corner site
- Desirable central location
- Close proximity to amenities
- Located at controlled intersection
- Favorable Official Community Plan designation supporting multifamily development density
- Desirable condominium or purpose-built rental location
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
70/100
Very Walkable
-
Transit Score ®
61/100
Good Transit
-
Bike Score ®
68/100
Bikeable
- City Victoria, BC
- Neighborhood Lake Hill - High Quadra
- Postal Code 837
Points of Interest
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Esso
0.30 miles
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Shell
0.76 miles
-
Chevron
1.10 miles
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Petro-Canada
1.11 miles
-
FLO
1.38 miles
-
7-Eleven
1.51 miles
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ISC 3
2.33 miles
-
ISC 1
2.34 miles
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ISC 2
2.39 miles
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Lot 10
2.39 miles
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Lot 9
2.42 miles
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Lot 8
2.47 miles
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Lot 6
2.51 miles
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Lot 4
2.53 miles
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Lot E
2.61 miles
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Lot 7a
2.70 miles
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Red Lion Inn & Suites
1.26 miles
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Accent Inns Victoria
1.35 miles
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Mayfair Motel
1.59 miles
-
Hotel Zed Victoria
1.62 miles
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Howard Johnson by Wyndham Victoria
1.85 miles
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Robin Hood Inn & Suites
1.89 miles
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Days Inn by Wyndham Victoria Uptown
1.93 miles
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Arbutus Inn
1.93 miles
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Metro Inn
1.96 miles
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Ramada Victoria
1.98 miles
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Dairy Queen
0.31 miles
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White Spot
0.35 miles
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Ali Baba's
0.37 miles
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Seoul To Go
0.44 miles
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Subway
0.46 miles
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Panago
0.47 miles
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The Keg
0.47 miles
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Yoshi Sushi
0.81 miles
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Inasal House
0.84 miles
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Big Wheel Burger
0.84 miles
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Reynolds Secondary
0.51 miles
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Rogers Elementary
0.58 miles
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Pacific Christian School
0.63 miles
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Lake Hill Elementary
0.67 miles
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St Margaret's School
0.80 miles
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McKenzie Elementary School
0.95 miles
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Glanford Middle School
1.09 miles
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Braefoot Elementary School
1.18 miles
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Cloverdale Traditional School
1.19 miles
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University of Victoria
2.46 miles
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Our Children's Centre
1.14 miles
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Parkdale Early Childhood Centre
1.52 miles
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Dreamland
1.55 miles
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Saanich Neighbourhood Place
1.71 miles
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Lambrick Park Pre-school and Child Care
2.32 miles
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Child Care Centre
2.54 miles
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Springridge Daycare
2.86 miles
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Fernwood Community Centre Daycare
2.86 miles
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Arbutus Grove Childrens' Centre
3.31 miles
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Island Kids Academy
3.37 miles
Frequently Asked Questions
The space currently listed for sale at 970-974 McKenzie Ave & 4015-4017 Saanich Rd asks for $4,600,000.
970-974 McKenzie Ave & 4015-4017 Saanich Rd totals 33,045 square feet.
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