3921 Quadra St, Saanich
SE High Quadra · Multi Family · MLS® 1029469 · Listed Mar 19, 2026
Prime 0.72-acre fully rezoned multi-family development site in the heart of Saanich, approved for a 6-storey, 73-unit condominium building. Located at 3921, 3925 & 3933 Quadra Street, this well-positioned urban infill site offers a rare opportunity in one of Greater Victoria’s most supply-constrained markets. The property is rezoned to RA-11 with an approved Development Permit, allowing 73 units with 70,889 sq. ft. of gross building area and an FSR of 2.38. The project is grandfathered under the 2018 Building Code, reducing seismic and adaptability costs. Three existing single-family homes provide approx. $6,000/month in holding income. The approved design includes 1-, 2- and 3-bedroom units, one level of underground parking with 54 stalls (EV-ready), two elevators, and on-site amenities including a playground and outdoor gathering area. Steps from Saanich Centre, transit, schools, parks. See attached brochure for more details
| Property Type | Multi Family |
| Lot Size | 31,345 sqft (0.72 acres) |
| Taxes | $13,664 (2025) |
| MLS® # | 1029469 |
| Brokerage | Colliers |
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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: Jun 29, 2026.
