4511 Pachena Pl
Saanich, BC V8X2P1
$1,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 0.8 acres
- Zoning
- Residential
RS10
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,644.02
Interior
- Heating
- Baseboard heaters, Forced air, Oil, Electric
- Cooling / A/C
- None
- Fireplace
- Yes (1)
Parking
- Total spaces
- 10
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Other | — |
| Storage | Other | — |
| Patio | Lower level | — |
| Storage | Lower level | — |
| Laundry room | Lower level | — |
| Bonus Room | Lower level | — |
| Bathroom | Additional Accommodation | — |
| Bedroom | Additional Accommodation | — |
| Living room | Additional Accommodation | — |
| Dining room | Additional Accommodation | — |
| Kitchen | Additional Accommodation | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Bedroom | Main level | — |
| Primary Bedroom | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Living room | Main level | — |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1042173
- Listed
- July 3, 2026
- Time on market
- On the market for 59 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Generation - The Neal Estate Group · Data source: CREA DDF.
Description
An exceptional development opportunity in one of Victoria’s most strategic growth corridors. Situated on a rare 0.72 acre parcel, 4511 Pachena Place offers outstanding redevelopment potential in an area identified by the District’s Official Community Plan for increased residential density. Located within the Saanich Corridors growth area, this property is positioned along a key transportation and infrastructure route designated to accommodate future higher density housing. Just minutes from Broadmead Village, the Primary Urban Centre, major shopping, restaurants, transit routes, parks and every imaginable amenity, this is exactly the type of location developers seek for their next multifamily project. The existing, well maintained residence provides excellent holding income while development applications, planning and permitting are underway. The home features three bedrooms on the main level along with a self contained one bedroom suite below, making it an ideal rental property during the entitlement process. With a level building site, services available, outstanding central location and tremendous long term upside, opportunities of this size and quality are becoming increasingly rare. Whether you’re a developer, investor or land banker looking to capitalize on Saanich’s vision for future growth, this property represents an exceptional opportunity to secure a prime piece of real estate in one of Greater Victoria’s most promising redevelopment areas. Buyer to verify all redevelopment potential, zoning, servicing and development opportunities with the District of Saanich. (id:63159)
Values & Trends
This listing
$649/sqft
Building average
—
No other active listings in this building
Broadmead average
$569/sqft
15 active listing(s)
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 (University of)
12°C
—
Humidity 89%
Wind NNW calm 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
56
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 |
|---|---|---|
| Royal Oak Middle School | Middle | 428 m |
| Northridge Elementary | Elementary | 2.0 km |
| Lochside Elementary | Elementary | 2.0 km |
| Glanford Middle School | Elementary | 2.0 km |
| St. Margaret's(Independent) | K-12 | 2.3 km |
| Rogers Elementary | Elementary | 2.3 km |
| Lake Hill Elementary | Elementary | 2.3 km |
| Pacific Christian School(Independent) | Elementary | 2.4 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 (5+)
- Fireside Grill · 4509 West Saanich Road143 m
- Floyd's Diner · 4496 West Saanich Road224 m
- The Village246 m
- Q Pizza · 4517 West Saanich Road249 m
- Med Grill Restaurant · 4512 West Saanich Road258 m
Cafes (3)
- Tim Hortons355 m
- Artisan Bistro380 m
- Starbucks · 777 Royal Oak Drive450 m
Grocery (2)
- Country Grocer · 4420 West Saanich Road386 m
- Thrifty Foods · 777 Royal Oak Drive403 m
Parks (5+)
- Chatterton Hill Park364 m
- Unnamed501 m
- Rithet's Bog Conservation Area640 m
- Strom Ness Park658 m
- Brydon Park679 m
Gyms (2)
- Powerwest Athletics293 m
- Canada's Best Karate355 m
Pharmacies (2)
- Shoppers Drug Mart · 4400 West Saanich Road335 m
- Pharmasave335 m
Banks & ATMs (5+)
- Edward Jones Investments260 m
- BMO · 4470 West Saanich Road283 m
- Coast Capital Savings · 777 Royal Oak Drive327 m
- CIBC457 m
- RBC537 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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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.