CRU 1 – 3226 Shelbourne St, Saanich
SE Cedar Hill · Retail · MLS® 1032960 · Listed Apr 21, 2026
Rare opportunity to purchase a brand-new neighbourhood retail strata unit at Abstract Developments’ upcoming 87-unit mixed-use project, Oak & Stone. The subject unit benefits from high-exposure corner frontage, on-site parking, potential patio seating, and extensive storefront glazing. Technical details for the subject premises are available upon request! Oak & Stone is situated in Saanich’s Shelbourne Valley at the corner of Shelbourne St & McRae Ave. Characterized by ample nearby park/green space, as well as a mix of single-family homes and higher density multi-family projects along commuter corridors like Shelbourne, the surrounding area contains a healthy built-in customer base for the subject CRU, the traffic for which will be further bolstered by its proximity to Hillside Centre, the University of Victoria, Camosun College and Royal Jubilee Hospital. Estimated delivery date of January 2027.
| Property Type | Retail |
| Lot Size | 1,034 sqft (0.02 acres) |
| Parking | 4 spaces |
| Taxes | $14,169.48 (2026) |
| MLS® # | 1032960 |
| Brokerage | AY Victoria Realty Ltd. |
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Cedar Hill single-family averages, updated daily. See Cedar Hill market stats or Saanich market stats.
It is listed at $672,100.
It has 4 parking spaces.
The lot is 1,034 sqft (0.02 acres).
Saanich is currently a seller's market: median sold price $1,200,000, 1.4 months of inventory, homes typically selling in about 36 days.
There are 10 houses for sale in Cedar Hill right now. Browse all Cedar Hill houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Cedar Hill is $1,200,000, based on 98 sales over the past 12 months. The median price per square foot is $560. Compare asking prices across the houses currently for sale in Cedar Hill.
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 13, 2026.