3934 Telegraph Bay Rd | $1,950,000 | MLS® 1047051
Bruce Gibson Agent Photo
Bruce
Gibson
P. (250) 385-2033
Phone Bruce
Newport Realty Ltd.
1144 Fort St
Victoria, BC
Canada V8V 3K8
MLS® 1047051

Details

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Years (35 year max)
Years



Address 3934 Telegraph Bay Rd
AreaSaanich East
Sub AreaCadboro Bay
Postal CodeV8N 4H7
State/ProvinceBritish Columbia
CountryCanada
Price$1,950,000
Property TypeLots/Acreage
Bedrooms0
Bathrooms0
Lot Size21775.00 Square Feet
WaterfrontNo
Year Built0
Parking Spaces4
Taxes $8,170
Tax Year2026
MLS® #1047051

PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.


Listed by COLDWELL BANKER OCEANSIDE REAL ESTATE


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About

Bruce Gibson is a longstanding resident of Victoria, BC, having called the island his home since 1951. He spent his university years at the University of British Columbia, studying for a Bachelor of Commerce in Urban Land Economics and completing an in-residence real estate brokerage course. After graduating, he went on to work as a contract property negotiator for Shell Canada Ltd. He joined the Victoria Real Estate Board's Industrial, Commercial, & Investment Division, and has served on the Victoria Board of Governance for Private Industry & Public Service. Always busy, Bruce has also held the position of the Provincial Appointee to the Victoria Police Board, and he and his wife Kristine have enjoyed trips to South Africa, southern Russia, and the Arctic.

Bruce has been a licensed REALTOR® in Victoria for over 30 years, and was the managing broker of Boorman Investments, one of the city's oldest real estate firms, from 1995 to 2002. He possesses extensive experience in all areas of real estate.  He has successfully managed both commercial and residential properties, and works as an agent for both buyers and sellers. He's consistently placed in the top 10% of producers in Victoria for the past 10 years, and has been the recipient of virtually every sales award offered by the Victoria Real Estate Board.

When you work with Bruce, you work directly with him — not with assistants. All clients receive his personal contact numbers so that he can be reached at any time of day. Feel free to contact him for a reference list.