1193 Dignan Rd
Central Saanich, BC V8M1H4
$995,000
Property Details
Property & Lot
- Lot size
- 12,060 square feet
- Zoning
- Unknown
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,398.34
Interior
- Heating
- Baseboard heaters, Forced air, Oil, Electric
- Fireplace
- None
Listing Information
- MLS®
- 1044984
- Listed
- August 6, 2026
- Time on market
- On the market for 25 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)
Location Insights
Weather
Nearest station: Victoria (Hartland)
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
| School | Type | Distance |
|---|---|---|
| Brentwood Elementary | Elementary | 567 m |
| Bayside Middle School | Middle | 1.1 km |
| Stelly's Secondary | Secondary | 1.3 km |
| SD 63 Individual Learning Centre | Secondary | 2.4 km |
| Keating Elementary | Elementary | 3.7 km |
| ḰELSET Elementary | Elementary | 5.6 km |
| Prospect Lake Elementary | Elementary | 6.3 km |
| Lakeview Christian School(Independent) | Elementary/Middle | 7.0 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 Avenue182 m
- Bicycle Pizza · 1191 Verdier Avenue184 m
- Brewsky’s Taphouse · 7100 Wallace Drive510 m
- Yami Sushi571 m
Cafes (3)
- Beauregard Commons · 1191 Verdier Avenue192 m
- Politano Cafe523 m
- Brentwood Bay Village Empourium Café & Gift Shop579 m
Grocery (1)
- Fairway Market Brentwood · 7108 West Saanich Road468 m
Parks (3)
- Pioneer Park373 m
- Rom Knott Memorial Park479 m
- Damelart Park649 m
Pharmacies (1)
- Pharmasave228 m
Banks & ATMs (2)
- RBC · 7188 West Saanich Road169 m
- RBC567 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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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
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.