HomeSaanichSE Cadboro Bay

2625 Arbutus Rd, Saanich | $6,900,000

2625 Arbutus Rd, Saanich

SE Cadboro Bay · Multi Family · MLS® 1037492 · Listed May 20, 2026

1.6 Acres
Lot
Overview

About This Property

Presenting the opportunity to purchase 2625 Arbutus Road in Saanich, BC. This rare 1.6 acre property is located in the highly desirable Cadboro Bay / Arbutus neighbourhood, steps from Cadboro Bay Village and blocks from the University of Victoria. This offering represents an exceptional opportunity to develop housing in one of Greater Victoria’s most affluent communities, where there is a very low supply of diverse housing options. Currently improved with a vacant 13,632 SF church facility and 53 paved parking stalls, there is significant potential for holding income while in planning. Conceptual development plans have been well received by the Municipality of Saanich.

Property Details

Features & Details

Property TypeMulti Family
Lot Size69,260 sqft (1.6 acres)
Taxes$58,291.99 (2025)
MLS® #1037492
BrokerageCBRE Limited
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VREB · Victoria Real Estate Board

MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 3, 2026.