3950 Carey Rd, Saanich
SW Tillicum · Industrial · MLS® 1038869 · Listed Jun 1, 2026
3950 Carey benefits from its highly centralized location and in place industrial zoning. Located beside major regional transportation routes such as McKenzie Avenue, the Trans Canada Highway and the Patricia Bay Highway, the property has been home to a commercial bakery for many years. The existing bakery is expanding into a new building and will be providing vacant possession with all bakery equipment removed leaving an improved shell. This property provides an expansive floor plan with dock loading, ample power and upside with the utility of a 2nd floor that can be used for manufacturing or offices.
| Property Type | Industrial |
| Interior | 23,312 sqft |
| Lot Size | 40,000 sqft (0.92 acres) |
| Parking | 24 spaces |
| Year Built | 1969 |
| Taxes | $73,297.54 (2025) |
| MLS® # | 1038869 |
| Brokerage | Colliers |
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Tillicum single-family averages, updated daily. See Tillicum market stats or Saanich market stats.
It is listed at $4,950,000.
A Industrial in SW Tillicum, Saanich with 23,312 sqft, built in 1969.
It has 24 parking spaces.
The lot is 40,000 sqft (0.92 acres).
Saanich is currently a seller's market: median sold price $967,000, 2.8 months of inventory, homes typically selling in about 34 days.
There are 13 houses for sale in Tillicum right now. Browse all Tillicum houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Tillicum is $967,000, based on 90 sales over the past 12 months. The median price per square foot is $567. Compare asking prices across the houses currently for sale in Tillicum.
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: Aug 17, 2026.