1661/1663 Freeman Ave
Saanich, BC V8P1P5
$2,200,000
Property Details
Property & Lot
- Lot size
- 12,801 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,086.37
Interior
- Fireplace
- None
Parking
- Total spaces
- 4
Listing Information
- MLS®
- 1031994
- Listed
- April 14, 2026
- Time on market
- On the market for 139 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
An outstanding opportunity to secure a townhome development site in Saanich, with a development permit approved but expired. The proposed development permits nine (9) townhomes in a highly central and desirable location within Greater Victoria. Surrounded by established residential communities, the site is just minutes from schools, parks, major amenities, and Downtown Victoria, offering both convenience and strong lifestyle appeal. With increasing demand for missing middle housing, this site is well-positioned to deliver a product that appeals to families, professionals, and downsizers alike. This is a compelling opportunity for developers looking to enter or expand within the Greater Victoria market with a project aligned to current housing needs. (id:63159)
Location Insights
Weather
Nearest station: Victoria (University of)
13°C
—
Humidity 83%
Wind WNW 2 km/h
Tonight
12°
Tuesday
19°
Tuesday night
13°
Wednesday
15°
Wednesday night
11°
Thursday
15°
Source: Environment and Climate Change Canada.
Population
117,735
(2021 Census)
+3.1% since 2016
Density: 1,136.5/km²
Dwellings: 50,064
Median household income: $93,000
After-tax: $83,000
Immigrant population: 22.5%
Top countries of origin (% of total population)
- China3.5% · 4,110
- United Kingdom3.2% · 3,760
- India2.3% · 2,650
- Philippines1.7% · 1,995
- United States of America1.4% · 1,655
- Germany0.6% · 730
- Hong Kong0.6% · 720
- Viet Nam0.5% · 540
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
30
7/9 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 |
|---|---|---|
| St. Michaels University School(Independent) | K-12 | 409 m |
| Doncaster Elementary | Elementary | 486 m |
| Lansdowne Middle School | Middle | 1.0 km |
| Artemis Place Secondary(Independent) | Secondary | 1.2 km |
| Cedar Hill Middle | Elementary | 1.4 km |
| Campus View Elementary | Elementary | 1.5 km |
| Oaklands Elementary | Elementary | 1.5 km |
| Victoria School for Ideal Education(Independent) | Elementary/Middle | 1.6 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)
- Thai Orchid · 3613 Shelbourne Street546 m
- Fujiya · 3624 Shelbourne Street591 m
- Tropical Island · 3690 Shelbourne Street647 m
- Heart of Asia752 m
Cafes (2)
- Urban Cup · 3690 Shelbourne Street670 m
- Starbucks701 m
Grocery (2)
- Bulk Barn · 3609 Shelbourne Street527 m
- Fairway Market Shelbourne Plaza · 3651 Shelbourne Street671 m
Parks (5+)
- Browning Park300 m
- Rowan Park399 m
- Rendle Green704 m
- Wetherby Park · 3250 Wetherby Road719 m
- Mount Tolmie Park735 m
Shopping (1)
- Shelbourne Plaza638 m
Pharmacies (2)
- Heart Pharmacy IDA · 3643 Shelbourne Street621 m
- Shoppers Drug Mart799 m
Banks & ATMs (4)
- BMO · 3616 Shelbourne Street548 m
- TD · 3675 Shelbourne Street749 m
- Vancity · 1590 Cedar Hill Cross Road789 m
- Scotiabank794 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($440,000) — 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.