Forgot password Extend Verify Contact
Main Photo: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 1: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 2: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 3: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 4: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 5: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Photo 6: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1029469
Prime 0.72-acre fully rezoned multi-family development site in the heart of Saanich, approved for a 6-storey, 73-unit condominium building. Located at 3921, 3925 & 3933 Quadra Street, this well-positioned urban infill site offers a rare opportunity in one of Greater Victoria’s most supply-constrained markets. The property is rezoned to RA-11 with an approved Development Permit, allowing 73 units with 70,889 sq. ft. of gross building area and an FSR of 2.38. The project is grandfathered under the 2018 Building Code, reducing seismic and adaptability costs. Three existing single-family homes provide approx. $6,000/month in holding income. The approved design includes 1-, 2- and 3-bedroom units, one level of underground parking with 54 stalls (EV-ready), two elevators, and on-site amenities including a playground and outdoor gathering area. Steps from Saanich Centre, transit, schools, parks. See attached brochure for more details
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
SE High Quadra, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.72 acre(s)
Taxes:
$13,664 / 2025
Commercial Area:
Not Applicable
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Clear title
Assessed:
2767000.0
Assessment year:
2025
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
PID: 006-143-628, 006-143-610, and 006-143-601
Occupancy:
Tenant
Parking Features:
On Site
Total Units:
3
Date Listed:
Mar 19, 2026
Original Price:
5750000.0
  • Photo 1: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 1 of 6
  • Photo 2: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 2 of 6
  • Photo 3: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 3 of 6
  • Photo 4: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 4 of 6
  • Photo 5: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 5 of 6
  • Photo 6: 3921 Quadra St in Saanich: SE High Quadra Multi Family for sale (Saanich East)  : MLS®# 1029469
    Photo 6 of 6
To access this listing,
please create a free account

Listed by Colliers
Data was last updated April 13, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$835,000
Min list price:
$30,000
Max list price:
$15,300,000
Avg days on market:
155
Min days on market:
25
Max days on market:
392
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.