DEVELOPMENT OPPORTUNITY – 23,102 square foot site priced at $47 per buildable foot (on a 2.5 FSR). Prime Land Assembly in Saanich’s Uptown-Douglas Plan including 370 and 378 Burnside Road East (MLS 1000016 and 1000070). Designated for 4 to 6-storey multifamily residential development, this site provides developers an opportunity to capitalize on a medium-density project in one of Greater Victoria’s most dynamic urban hubs. Adding to its appeal, the properties are located within one of Saanich’s identified Primary Growth Areas as per the Official Community Plan (OCP). Surrounded by a vibrant, amenity-rich neighbourhood, the location offers excellent connectivity—just minutes from Uptown, Mayfair, and Tillicum shopping centres, with seamless access to major transit routes and arterial roads. This is a unique opportunity to secure a development site in a rapidly growing, centrally located area poised for transformative growth.
Data was last updated June 19, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
234
Avg list price:
$1,054,500
Min list price:
$308,000
Max list price:
$9,200,000
Avg days on market:
42
Min days on market:
1
Max days on market:
258
Avg price per sq.ft.:
$593.42
These statistics are generated based on the current listing's property type
and located in
Saanich West. Average values are
derived using median calculations.
