Property Type: Detached HouseOwnership: Freehold

1193 Dignan Rd

Central Saanich, BC V8M1H4

$995,000

2 bed1 bath3 parking1,022 sqftBuilt 1950
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Property Details

Property & Lot

Sub-type
House
Lot size
12,060 square feet
Zoning
Residential

R1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,398.34

Interior

Heating
Baseboard heaters, Forced air, Oil, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
Hobby roomMain level12' x 13'
BathroomMain level4-Piece
Primary BedroomMain level9' x 12'
KitchenMain level12' x 13'
BedroomMain level12' x 12'
Living roomMain level14' x 17'
WorkshopMain level13' x 19'

Listing Information

MLS®
1044849
Listed
August 1, 2026
Time on market
On the market for 30 days
Data last synced
August 28, 2026

Listing provided by: Macdonald Realty Victoria · Data source: CREA DDF.

Description

Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors. (id:63159)

Values & Trends

This listing

$974/sqft

Building average

No other active listings in this building

Brentwood Bay average

$692/sqft

7 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (Hartland)

Mainly Clear

16°C

Mainly Clear

Humidity 73%

Wind S 6 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

17,385

(2021 Census)

+3.4% since 2016

Density: 422/km²

Dwellings: 7,621

Median household income: $103,000

After-tax: $90,000

Immigrant population: 16.2%

Top countries of origin (% of total population)

  • United Kingdom5.3% · 920
  • United States of America1.6% · 280
  • India0.9% · 165
  • Philippines0.9% · 160
  • Germany0.9% · 150
  • Netherlands0.7% · 120
  • South Africa, Republic of0.6% · 110
  • China0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

56

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Brentwood ElementaryElementary565 m
Bayside Middle SchoolMiddle1.1 km
Stelly's SecondarySecondary1.3 km
SD 63 Individual Learning CentreSecondary2.4 km
Keating ElementaryElementary3.7 km
ḰELSET ElementaryElementary5.6 km
Prospect Lake ElementaryElementary6.3 km
Lakeview Christian School(Independent)Elementary/Middle7.0 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (4)

  • Masala Roots Indian Cuisine · 1191 Verdier Avenue179 m
  • Bicycle Pizza · 1191 Verdier Avenue182 m
  • Brewsky’s Taphouse · 7100 Wallace Drive509 m
  • Yami Sushi570 m

Cafes (3)

  • Beauregard Commons · 1191 Verdier Avenue190 m
  • Politano Cafe522 m
  • Brentwood Bay Village Empourium Café & Gift Shop578 m

Grocery (1)

  • Fairway Market Brentwood · 7108 West Saanich Road467 m

Parks (3)

  • Pioneer Park370 m
  • Rom Knott Memorial Park476 m
  • Damelart Park647 m

Pharmacies (1)

  • Pharmasave226 m

Banks & ATMs (2)

  • RBC · 7188 West Saanich Road167 m
  • RBC566 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$796,000.00
Periodic payment — Principal & Interest (monthly)$5,135.52
Additional monthly expenses (strata, tax, utilities, etc.)$500.86
Total monthly cost$5,636.38
Interest paid over 5-yr term$228,135.89
Balance at end of term$716,004.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,078.32

Cash Needed at Closing

Minimum down payment$74,500
Estimated BC PTT$17,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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